- Sum Assured: The amount your nominee receives if you pass away during the policy term.
- Rider: An add-on benefit to your policy, like critical illness or accidental death cover.
- Term Plan: A life insurance policy offering cover for a fixed period, with no maturity benefit unless chosen.
- Claim Settlement Ratio: The percentage of claims an insurer has paid successfully in a year.
- Return of Premium: An option where the premiums paid are returned if the policyholder survives the term.
Rishi Mathur
Chief Distribution Officer – Alternate Channels & Chief Marketing Officer
With 5 years of experience in the insurance industry, she brings a nuanced understanding of its complexities to her writing. Her expertise allows her to craft clear, insightful content that makes intricate insurance topics accessible and engaging.
