Blog Banner Background

Life Insurance & Financial Planning Insights

Expert articles on life insurance, savings, protection plans, and financial planning to support long-term financial decisions.

Recent Blogs

Cashless Mediclaim Policy: How It Works, Claim Process & Benefits?
15 Apr '26
89 Views
5 minute read
Learn how cashless mediclaim works in India, claim steps, check hospital network & how financial planning ensures smooth medical expense management.
Read More
Health Plan
How to Choose the Best Mediclaim Plan in India?
15 Apr '26
103 Views
5 minute read
Learn how to choose the best mediclaim plan in India by comparing coverage, premiums, benefits, and exclusions to protect your health and finances.
Read More
Health Plan
OPD vs IPD: Key Differences, Costs & What It Means for You?
15 Apr '26
79 Views
5 minute read
Learn the difference between OPD and IPD, treatment costs & how to plan finances for rising healthcare expenses in India.
Read More
Health Plan
How EPF Pension is Calculated? Formula, Eligibility & Examples
03 Apr '26
44 Views
9 minute read
Learn how EPF pension is calculated using the EPS formula, average salary, and service years. Includes eligibility rules and simple examples.
Read More
Retirement Plan
How to Download PMJJBY Policy Certificate Online?
03 Apr '26
104 Views
7 minute read
Understand the PMJJBY policy certificate download process, documents required, and where to get your PMJJBY policy copy online or offline.
Read More
Group Insurance
How to Cancel a PMJJBY Policy in India? Step‑by‑Step Guide
03 Apr '26
85 Views
8 minute read
Understand the PMJJBY policy cancellation process, required steps, important rules, and what happens after cancellation of the policy.
Read More
Group Insurance
Understanding the PMJJBY Policy Renewal Process
03 Apr '26
99 Views
7 minute read
A complete guide explaining PMJJBY renewal, how the yearly renewal process works, eligibility, and key timelines.
Read More
Group Insurance
Sukanya Samriddhi Account Balance Check: Step‑by‑Step Guide
03 Apr '26
86 Views
8 minute read
Learn how to check your Sukanya Samriddhi Yojana account balance online through post office or bank, along with offline methods.
Read More
Child Plan
How to Reactivate a Frozen NPS Account in India?
03 Apr '26
47 Views
8 minute read
A complete guide to unfreeze your NPS account in India. Know the minimum contribution, KYC fixes, and online or offline reactivation steps.
Read More
Retirement Plan
Deductions Allowed Under the New Tax Regime in India
03 Apr '26
94 Views
9 minute read
Know the deductions allowed under the new tax regime in India, including standard deduction, NPS employer contribution, and other benefits.
Read More
Tax Saving
How to Check EPF Balance Using Missed Call? | Easy EPF Balance Check
02 Apr '26
112 Views
6 minute read
Learn how to check your EPF balance using a missed call. Follow simple steps, eligibility criteria, and tips for a quick EPF balance check.
Read More
Retirement Plan
How to Reset EPFO Passbook Password? EPFO Member Passbook Guide
02 Apr '26
113 Views
6 minute read
Learn how to complete an EPFO passbook password reset using UAN and OTP. Follow simple steps to regain access to your EPFO member passbook online.
Read More
Retirement Plan
What is a Trust in Life Insurance? Complete Guide
01 Apr '26
37 Views
7 minute read
Learn what a trust in life insurance is, how it works, and how it provides tax savings, faster claim payouts, and financial protection for beneficiaries.
Read More
Life Insurance
What is Conditional Assignment in Insurance Policy?
01 Apr '26
87 Views
6 minute read
Understand conditional assignment in insurance, including its meaning, benefits, examples, and when it becomes effective.
Read More
Life Insurance
Which Government Life Insurance Schemes are Best in India?
01 Apr '26
109 Views
7 minute read
Explore government life insurance schemes in India, their benefits, eligibility, premiums, and how they secure financial protection for families.
Read More
Life Insurance
What is Keyman Insurance? Meaning & Benefits
01 Apr '26
48 Views
10 minute read
What is Keyman Insurance? Learn how it works and why businesses use it to protect against financial loss from losing key employees.
Read More
Life Insurance
What is a Rebate in Insurance and How Does It Work?
01 Apr '26
342 Views
8 minute read
Learn what a rebate in insurance means, how it works, and the rules you should know before buying an insurance policy.
Read More
Life Insurance
National Pension Scheme (NPS): How to Invest & Maximise Returns
31 Mar '26
923 Views
8 minute read
Discover how to invest in the National Pension Scheme (NPS) in India. Learn about tax benefits, investment options, and how it compares to private pension plans.
Read More
Retirement Plan
Employee Pension Scheme (EPS-95): Eligibility, Benefits & How It Works
31 Mar '26
1239 Views
9 minute read
With EPS-95 minimum pension up to ₹7,500, private-sector employees may need to rethink VRS plans. Know the impact and retirement benefits in 2025.
Read More
Retirement Plan
ETF vs Mutual Fund: Key Differences, Returns and Costs
31 Mar '26
83 Views
7 minute read
Learn the difference between ETF and mutual fund, how they work, costs, returns and which investment option suits your financial goals.
Read More
Investment
How to Evaluate Mutual Fund Performance?
31 Mar '26
30 Views
8 minute read
Learn how to evaluate mutual fund performance using key metrics like returns, risk, expense ratio and benchmarks to make better investment decisions.
Read More
Investment
How to Find GSTIN Using PAN? Step-by-Step Guide
31 Mar '26
83 Views
10 minute read
Learn how to find GSTIN using PAN online with simple steps and understand how PAN is linked to GST registration in India.
Read More
Personal Finance
Does Life Insurance Impact Credit Score? What You Should Know
31 Mar '26
32 Views
8 minute read
Discover if life insurance affects your credit score, how it differs from loans and what it means for your financial health.
Read More
Personal Finance
What Is an In-Force Policy in Insurance and Why It Matters?
31 Mar '26
59 Views
6 minute read
Learn what an in-force policy in insurance means, how it works and why maintaining an active policy is important for financial protection.
Read More
Life Insurance
Gold Investment Options in India: Types, Returns and Benefits
30 Mar '26
115 Views
9 minute read
Explore gold investment options in India including physical gold, ETFs, sovereign gold bonds and digital gold to make informed investment decisions.
Read More
Investment
How to Manage Your Salary Smartly on Payday? Budgeting Tips
28 Mar '26
103 Views
7 minute read
Learn smart salary saving and monthly budgeting tips to manage your income on payday. Build savings, control expenses, and improve financial stability.
Read More
Personal Finance
What Are Equity Mutual Funds? Meaning, Types and Benefits
27 Mar '26
78 Views
9 minute read
Learn what equity mutual funds are, how they work, their types and benefits to help you make informed investment decisions.
Read More
Investment
Personal Finance Profit and Loss Statement: How to Create One?
25 Mar '26
90 Views
7 minute read
Understand how to prepare a personal profit and loss statement to track income, expenses and improve financial planning effectively.
Read More
Personal Finance
What is Basic Premium in Life Insurance and How Does It Work?
25 Mar '26
104 Views
6 minute read
Learn what basic premium in life insurance means, how it is calculated, and why it matters when choosing the right life insurance policy.
Read More
Life Insurance
What is Net Premium in Insurance and Why is It Important?
25 Mar '26
110 Views
7 minute read
Learn what net premium in insurance means, how it is calculated, and why it plays a key role in determining policy costs.
Read More
Life Insurance
How LTCG Tax Impacts ULIP Investments and Returns?
25 Mar '26
70 Views
7 minute read
Learn how LTCG tax affects ULIP investments, including taxation rules, returns impact and key considerations for long-term financial planning.
Read More
Ulip
What Is an Employee Salary Slip? Format, Components & Tax Benefits
19 Mar '26
4088 Views
13 minute read
Learn what a salary slip is, why it matters, and how it impacts your tax-saving strategies. Includes downloadable format and latest rules.
Read More
Tax Saving
What is a Trust Fund? Meaning, Types & How It Works?
19 Mar '26
784 Views
5 minute read
Learn the meaning of a trust fund, how it works, its different types, and how it helps manage and transfer wealth securely to beneficiaries for long‑term protection
Read More
Personal Finance
What is TDS and TCS? Difference Between TDS and TCS
18 Mar '26
8059 Views
9 minute read
Understand the key differences between TDS (Tax Deducted at Source) and TCS (Tax Collected at Source) for smarter tax savings. Explore the Canara HSBC Life Insurance blog for insights.
Read More
Tax Saving
Who is an Insurance Agent? Role & Responsibilities Explained
18 Mar '26
106 Views
8 minute read
Learn who an insurance agent is, the role of an insurance agent, and how they help you choose the right insurance coverage and manage policies effectively.
Read More
Life Insurance
What is an Appointee in Life Insurance? Role & Meaning Explained
18 Mar '26
103 Views
8 minute read
Learn what an appointee in life insurance is, their role, and how they differ from an insurance nominee in managing policy claims for minor beneficiaries.
Read More
Life Insurance
What is Adverse Selection in Insurance? Meaning & Impact Explained
18 Mar '26
100 Views
6 minute read
Understand adverse selection in insurance, its impact on premiums, and how insurance risk assessment helps insurers manage high-risk policyholders effectively.
Read More
Life Insurance
What is an E-Term Insurance Plan? Benefits & Features Explained
18 Mar '26
95 Views
7 minute read
Learn what an e-term insurance plan is, how it works, and its benefits. Understand term insurance plans, features, and tips to choose the right cover.
Read More
Term Insurance
How Do Policy Riders Impact Life Insurance Premiums?
17 Mar '26
241 Views
5 minute read
Understand how policy riders impact your life insurance costs. Choose the right riders to balance coverage and affordability.
Read More
Personal Finance
Smart Financial Planning with PSI Method: Protect, Save & Invest
17 Mar '26
2702 Views
10 minute read
Begin financial planning early with the PSI method- Protect, Save, Invest. Learn smart money management strategies for your 20s, 30s, and beyond.
Read More
Personal Finance
Legacy Planning: Build Wealth for Future Generations
16 Mar '26
475 Views
5 minute read
Learn how to leave a lasting legacy and grow wealth for your next generation through smart financial planning.
Read More
Personal Finance
Types of Electronic Fund Transfers in India: NEFT, RTGS, IMPS & UPI
16 Mar '26
1043 Views
6 minute read
Learn about various types of electronic fund transfers in India such as NEFT, RTGS, IMPS, and UPI, how each system works, transfer limits, processing time, and usage.
Read More
Personal Finance
How to Build Smart Money Habits? Master Your Finances
15 Mar '26
134 Views
6 minute read
Learn how to build smart money habits that lead to long-term financial success. From budgeting tips to saving strategies, take control of your finances today.
Read More
Personal Finance
Margin of Safety in Financial Planning: Protect Your Wealth
15 Mar '26
98 Views
6 minute read
Learn how applying the margin of safety principle in financial planning helps manage risks, build investment buffers, and protect long-term wealth from uncertainties.
Read More
Personal Finance
How to Handle Suspicious or Fraudulent Calls Safely?
14 Mar '26
2380 Views
10 minute read
Get tips to handle suspicious or fraudulent calls. Learn how to identify scams and protect your personal and financial information.
Read More
Personal Finance
The Financial Talk We Avoid - but Shouldn’t
14 Mar '26
70 Views
6 minute read
Why this simple conversation can change how your family plans, saves, and prepares for the future. A must-read on financial readiness.
Read More
Personal Finance
How to Withdraw from Your Retirement Plan Before Maturity?
13 Mar '26
505 Views
5 minute read
Thinking of early withdrawals from your retirement plan? Learn when it is allowed and how to avoid costly mistakes with smart planning.
Read More
Retirement Plan
Avail 1 Day Claim Settlement of up to 1 CR
12 Mar '26
986 Views
6 minute read
Canara HSBC Life Insurance introduces 1 day settlement of death claims, with a 98.12% claim settlement ratio. Click Here to know more about the steps for Claim Settlement.
Read More
Life Insurance
Senior Citizen Card: How to Apply for it Online?
12 Mar '26
13613 Views
10 minute read
Learn the step-by-step process to apply for a Senior Citizen Card in India. Discover eligibility criteria, required documents, and benefits that come with the card for senior citizens.
Read More
Retirement Plan
How to Align Your Financial Plan with Different Stages of Life?
11 Mar '26
621 Views
7 minute read
Learn how to adapt your financial plan for every stage of life, from starting your career to retirement. Secure your future with smart, age-based strategies.
Read More
Personal Finance
Financial Literacy for Young Indians: Why Insurance Knowledge Matters?
11 Mar '26
69 Views
7 minute read
Empower your future! See why every young Indian should master financial literacy and insurance basics for lifelong financial success.
Read More
Personal Finance
No Smoking Day: How Smoking Affects Life Insurance and Financial Security?
11 Mar '26
326 Views
8 minute read
On No Smoking Day, learn how smoking impacts life insurance premiums, policy eligibility and long-term financial security for you and your family.
Read More
Life Insurance
How to Choose the Best ULIP Plan for Smart Investing?
10 Mar '26
1077 Views
7 minute read
Choosing the right ULIP plan can make a significant difference to your returns. A clear breakdown of top tips to pick the best ULIP plan for your goals.
Read More
Ulip
GST on Rental Income: Applicability, Exemptions, and Filing Guide
10 Mar '26
1239 Views
8 minute read
Understand GST on rental income, registration thresholds, exemptions, and how to file returns correctly to stay tax-compliant.
Read More
Personal Finance
What is a Demand Deposit & How It Helps Manage Money?
10 Mar '26
90 Views
7 minute read
Understand demand deposits, types, benefits, and how savings and current accounts help you manage daily finances and liquidity.
Read More
Personal Finance
What Is a Joint Life Insurance Policy and How Does It Work?
10 Mar '26
1197 Views
10 minute read
A joint life policy is a single plan that covers both the wife and the husband whether both of them are earning or only one. Understand how it works, who it suits best, key benefits, payout structure, and important points to consider before choosing one.
Read More
Life Insurance
Why ULIPs Are Ideal for Stable Wealth Generation?
08 Mar '26
897 Views
6 minute read
Stable fund generation requires the right investment vehicle. Know why unit-linked plans are ideal for building a consistent fund corpus with market-linked growth, flexibility, and long-term wealth creation.
Read More
Ulip
What is NAV? Meaning, Calculation & Importance
08 Mar '26
888 Views
6 minute read
NAV is a key concept every investor should understand. Learn what NAV means, how it is calculated, and why it matters for ULIPs and your overall investment performance.
Read More
Ulip
How ULIPs Protect Your Family's Financial Goals & Future?
08 Mar '26
511 Views
8 minute read
ULIPs offer more than just investment returns - they protect your family's future too. A clear breakdown of how ULIPs safeguard your family's financial goals.
Read More
Ulip
How to Build Long-Term Wealth Successfully?
08 Mar '26
438 Views
7 minute read
Uncover strategies for long-term investments and wealth planning to grow and protect your money over decades.
Read More
Personal Finance
Stop ULIP Premium Before 3 Years? Know the Consequences
07 Mar '26
948 Views
7 minute read
Stopping ULIP premiums before 3 years can lead to charges, lock-in restrictions, and limited access to funds. Learn what happens, the penalties involved, and the options to manage or revive your policy.
Read More
Ulip
How Does ULIP Partial Withdrawal Work? Key Rules & Limits
07 Mar '26
3909 Views
6 minute read
Not every ULIP policyholder knows the rules around partial withdrawals. A clear breakdown of how it works, withdrawal limits & tax impact in India today.
Read More
Ulip
What Returns Can You Expect From a ULIP in 10 Years?
07 Mar '26
895 Views
8 minute read
ULIPs can be powerful wealth-creation tools over a decade. Discover how much wealth you can realistically build in 10 years, based on returns, fund choices, and disciplined investing.
Read More
Ulip
Why You Should Not Surrender Your ULIP Policy Early?
07 Mar '26
891 Views
6 minute read
Surrendering a ULIP policy early can lead to losses and missed growth. Learn why staying invested is a smarter decision, with benefits like compounding and long-term wealth creation.
Read More
Ulip
Why Life Insurance for Women Is Crucial This International Women’s Day?
07 Mar '26
127 Views
7 minute read
On International Women’s Day 2026, understand why life insurance for women is essential to secure financial independence, protect families, and plan for long-term stability.
Read More
Life Insurance
ULIP Premium Redirection: Meaning, Benefits & How It Works?
06 Mar '26
880 Views
6 minute read
Premium redirection in ULIPs is often overlooked but highly useful. Learn what it means, how it works, and when to use it to align your investments with changing market conditions and goals.
Read More
Ulip
Why ULIPs are Ideal for Retirement Planning in India?
06 Mar '26
1143 Views
8 minute read
Retirement planning needs the right instruments, and ULIPs is a strong option. Learn why ULIPs are a smart choice for retirement goals, offering long-term growth, flexibility, and protection.
Read More
Ulip
Premium Payment Options in Life Insurance & Its Benefits
06 Mar '26
6752 Views
10 minute read
Explore the flexible premium payment structures and methods offered by Canara HSBC Life Insurance to suit every lifestyle and financial plan.
Read More
Life Insurance
Financial Goals for Your Midlife | Smart Money Planning
06 Mar '26
563 Views
7 minute read
Discover the most important financial goals for your midlife, including wealth protection, retirement planning, insurance needs, and smart investment strategies.
Read More
Personal Finance
TDS on EPF Withdrawal: Rules, Limits & Tax Impact
06 Mar '26
99 Views
7 minute read
Learn when TDS is deducted on EPF withdrawals, applicable thresholds, tax-saving exemptions, and steps you can take to avoid unnecessary deductions.
Read More
Personal Finance
Child Education vs Retirement Planning: Which Should Come First?
06 Mar '26
81 Views
7 minute read
Understand how to balance child education funding and retirement planning effectively using goal prioritization, investment allocation, and long-term financial strategies.
Read More
Personal Finance
What is Co-Pay in a Health Insurance Policy?
06 Mar '26
1094 Views
5 minute read
Co‑pay in health insurance means sharing medical or claim costs with the insurer. Learn how co‑pay works in a health plan and when it applies.
Read More
Health Plan
How to Check if Your Wealth Plan Is on the Right Track?
05 Mar '26
892 Views
6 minute read
A wealth plan that isn’t reviewed regularly can go off track. Learn how to check if your plan is performing as it should in India, using key metrics, goal tracking, and timely adjustments.
Read More
Ulip
Use ULIP to Pass Tax-Free Wealth to Grandchildren
05 Mar '26
1082 Views
7 minute read
Leaving a tax-free legacy for your grandchildren is possible with the right plan. You should know how Unit Linked Insurance Plans help you pass on a tax-free estate today.
Read More
Ulip
Term Insurance Exclusions - What Is Not Covered in Your Plan?
05 Mar '26
2699 Views
7 minute read
Before buying term insurance, know what it does not cover. A complete breakdown of key exclusions & limitations in term insurance plans across India.
Read More
Term Insurance
What Is Tax Liability? Meaning, Calculation & Examples
05 Mar '26
1997 Views
7 minute read
Tax liability is the total tax payable after deductions and exemptions. Learn its meaning, how to calculate tax liability and how it affects ITR filing in India with examples for individuals.
Read More
Tax Saving
What is the Principle of Contribution in Insurance?
05 Mar '26
1713 Views
7 minute read
Understand the principle of contribution in life insurance and how it applies to your policy. Explore insights from Canara HSBC Life Insurance to safeguard your financial future.
Read More
Life Insurance
How to Save for Solo Travel? Smart Financial Planning Tips
05 Mar '26
87 Views
8 minute read
Learn practical saving strategies, budgeting methods, and investment options that can help you build a travel fund efficiently for your first solo international trip.
Read More
Personal Finance
Insurance for All by 2047: India’s Financial Protection Vision
05 Mar '26
81 Views
6 minute read
Understand India’s Insurance for All 2047 initiative, its objectives, expected benefits, and how expanding insurance penetration can strengthen financial security nationwide.
Read More
Personal Finance
Pradhan Mantri Jan Dhan Yojana: Eligibility & Benefits Explained
04 Mar '26
3856 Views
9 minute read
Pradhan Mantri Jan Dhan Yojana ensures financial inclusion by providing access to banking, insurance, pension, and credit for Indian citizens. Learn more!
Read More
Saving Plan
12 Best Saving Plans & Schemes in India with High Returns
04 Mar '26
898 Views
7 minute read
Know about the best saving plans in India such as NSC, SCSS, RD, MIS, PPF, KVP, SSY, Atal Pension Yojana and more. Read this blog and choose the best savings scheme for yourself.
Read More
Saving Plan
What is ULIP and Is It a Good Investment Option?
04 Mar '26
876 Views
6 minute read
ULIPs combine insurance and investment in one plan, but are they right for you? Understand what a ULIP is, how it works, and whether it is a suitable investment for your financial goals.
Read More
Ulip
How To Build An Automated Investment Plan That Manages Itself?
04 Mar '26
886 Views
7 minute read
An automated investment plan takes the effort out of managing money. Learn how to build one that runs itself and grows your wealth in India through disciplined investing, smart allocation, and long-term strategy.
Read More
Ulip
Which ITR Should You File? Income Tax Return Guide
03 Mar '26
1266 Views
10 minute read
Learn the changes in the income tax return rules for FY 2025-26. Understand the alterations and determine the appropriate ITR form for filing your tax return this year.
Read More
Tax Saving
Can You Buy 2 Term Insurance Plans at the Same Time?
02 Mar '26
1271 Views
7 minute read
Wondering if you can have two term insurance plans at once? Find out if it is possible, how it works & whether buying 2 term plans is the right choice.
Read More
Term Plan
Sum Assured in ULIPs - Meaning, Importance & How It Works
02 Mar '26
2008 Views
7 minute read
Sum assured in ULIPs is a key component many investors overlook. Understand what it means, how it works, and why it matters for your coverage, investment value, and long-term financial security.
Read More
Ulip
ULIP Facts That Will Change the Way You Invest
02 Mar '26
885 Views
6 minute read
Most people only scratch the surface when it comes to ULIP (Unit Linked Insurance Plan). A clear breakdown of surprising facts & lesser-known aspects of ULIPs every investor must know.
Read More
Ulip
What Factors Impact the Value of Your ULIP?
02 Mar '26
876 Views
7 minute read
ULIP values are dynamic and influenced by market performance, fund choice, charges, and tenure. Learn what impacts your ULIP value and how to optimise returns through smart fund allocation and long-term planning.
Read More
Ulip
Why Should You Not Exit ULIPs After the Lock‑in Period Ends?
02 Mar '26
903 Views
6 minute read
A host of financial products are available in the market catering to people with different financial goals and return expectations. People looking to financially secure
Read More
Ulip
How ULIP Withdrawals Work: Rules and Process
02 Mar '26
1106 Views
5 minute read
ULIP withdrawals come with specific rules & conditions. Learn how withdrawals work, lock-in periods, and tax implications in India to manage your funds effectively and avoid penalties.
Read More
Ulip
Best ULIP Investments for Women & Single Mothers
02 Mar '26
1091 Views
5 minute read
Women & single mothers have unique financial needs that deserve the right investment plan. A clear breakdown of why ULIPs are an ideal choice for them.
Read More
Ulip
Budgeting for Short & Long-Term Financial Goals
01 Mar '26
2898 Views
11 minute read
Struggling to balance short & long-term financial goals? Get expert budgeting tips & strategies to help you plan smarter & achieve your goals in India.
Read More
Term Insurance
How Much Should You Save Every Month for a Secured Future?
01 Mar '26
1663 Views
9 minute read
Not sure how much to save every month? Find out the ideal monthly savings amount, smart saving tips & how a term plan helps secure your future in India.
Read More
Term Insurance
Is It Advisable To Have Multiple Life Insurance Policies?
28 Feb '26
893 Views
4 minute read
Should you buy multiple term insurance plans? Know the benefits, risks, and if having more than one policy makes sense.
Read More
Life Insurance
Why Legacy Planning for Future Generations Matters Now?
28 Feb '26
1033 Views
6 minute read
Want to secure your family's future for generations? Find out why legacy planning matters & how a term plan helps you build a lasting financial legacy.
Read More
Term Insurance
Does Term Life Insurance Cover Disability? Know the Facts
28 Feb '26
939 Views
10 minute read
Wondering if term life insurance covers disability? Get a complete breakdown of disability coverage, riders & options available under term plans today.
Read More
Term Insurance
Term Insurance - Is It an Investment or Just an Expense?
28 Feb '26
992 Views
6 minute read
Still debating whether term insurance is an investment or an expense? A complete breakdown of what term insurance really means for your financial plan.
Read More
Term Insurance
How a Term Plan Secures Your Family's Financial Future?
28 Feb '26
988 Views
8 minute read
Worried about your family's financial future? Find out how a term plan provides the right coverage & ensures your family stays protected no matter what.
Read More
Term Insurance
6 Best One Time Investment Plans in India
28 Feb '26
1216 Views
12 minute read
One-time Investment Plan - Check the best one-time investment plans to achieve your financial goals in 2026.
Read More
Ulip
How a Good Term Life Insurance Gives You Financial Freedom?
28 Feb '26
2521 Views
7 minute read
Did you know the right term life insurance can set you free financially? Find out how a good term plan gives you confidence, freedom & lasting security.
Read More
Term Insurance

Editor's Choice

What is Insurance

What is Insurance? Definition, Types and Benefits

02 Dec '25
9315 Views
10 minute read

Insurance is a contract between an insurance company and an individual/business that helps the latter to receive financial compensation from the insurance company against the loss.

Read More

Types of Term Insurance Plans in India

01 Sep '25
1588 Views
10 minute read

Learn about the different types of term insurance plans, including level term, increasing cover, decreasing cover and return of premium options, to choose what suits your needs.

Read More

TDS on Rent: Section 194I of Income Tax Act Explained

12 Dec '25
8249 Views
14 minute read

Understand TDS on rent limits, calculation methods, applicable rates, and threshold limits. Learn how to comply with tax regulations effectively.

Read More

What Is Tax? Understanding the Tax Concept in India (2026 Guide)

15 Jan '26
6382 Views
11 minute read

Discover the tax concept in India, its importance, types, and how it affects your income. Updated for FY 2025–26 with practical examples.

Read More

How Should You Plan Retirement Effectively in Your 50s?

17 Dec '25
1092 Views
8 minute read

If you're 50 to 60 years old and haven't started saving for retirement, here is how to plan retirement in your 50s by reassessing savings, managing risk, maximising contributions, planning income sources, and preparing for healthcare costs.

Read More

5 Smart Tips to Plan Your Child’s Education Abroad in 2026

07 Aug '25
1233 Views
10 minute read

Planning your child’s education abroad? Follow this 5-step checklist to ensure financial readiness and secure their academic future efficiently.

Read More
What is Insurance

What is Insurance? Definition, Types and Benefits

What is Insurance? Definition, Types and Benefits
02 Dec '25
9315 Views
10 minute read
Insurance is a contract between an insurance company and an individual/business that helps the latter to receive financial compensation from the insurance company against the loss.
Read More

Types of Term Insurance Plans in India

Types of Term Insurance Plans in India
01 Sep '25
1588 Views
10 minute read
Learn about the different types of term insurance plans, including level term, increasing cover, decreasing cover and return of premium options, to choose what suits your needs.
Read More

TDS on Rent: Section 194I of Income Tax Act Explained

TDS on Rent: Section 194I of Income Tax Act Explained
12 Dec '25
8249 Views
14 minute read
Understand TDS on rent limits, calculation methods, applicable rates, and threshold limits. Learn how to comply with tax regulations effectively.
Read More

What Is Tax? Understanding the Tax Concept in India (2026 Guide)

What Is Tax? Understanding the Tax Concept in India (2026 Guide)
15 Jan '26
6382 Views
11 minute read
Discover the tax concept in India, its importance, types, and how it affects your income. Updated for FY 2025–26 with practical examples.
Read More

How Should You Plan Retirement Effectively in Your 50s?

How Should You Plan Retirement Effectively in Your 50s?
17 Dec '25
1092 Views
8 minute read
If you're 50 to 60 years old and haven't started saving for retirement, here is how to plan retirement in your 50s by reassessing savings, managing risk, maximising contributions, planning income sources, and preparing for healthcare costs.
Read More

5 Smart Tips to Plan Your Child’s Education Abroad in 2026

5 Smart Tips to Plan Your Child’s Education Abroad in 2026
07 Aug '25
1233 Views
10 minute read
Planning your child’s education abroad? Follow this 5-step checklist to ensure financial readiness and secure their academic future efficiently.
Read More

Frequently Asked Questions

Buying a life insurance plan with adequate coverage can be a financial cushion for your family. It ensures that the family's lifestyle and goals are not compromised due to unfortunate events such as death or disability. 

 

Some life insurance plans, like Unit Linked Insurance Plans (ULIPs), offer wealth creation opportunities to policyholders, along with life coverage. These plans let you invest your premiums in different securities, like equity, debt, and more, to enjoy the benefits of inflation-beating returns. 

Life insurance policies offer valuable tax benefits, enabling you to enhance your returns and accumulate savings. The premiums paid for the policy qualify for deduction under Section 80C of the Income Tax Act, 1961, up to ₹ 1.5 lakhs annually, subject to certain conditions. Furthermore, the funds withdrawn from the policy after the lock-in period and the maturity value received from life insurance plans are also tax-free. 

  

Your source of income will no longer exist with you after retirement. It is crucial to have enough money saved up so that, when you retire, you won't need to worry about anything. Together with a steady income stream, retirement plans offer life insurance.