Term insurance provides an easy method for you to ensure financial security for your family. The insurance policy pays your family a fixed amount of money, which is the sum assured, when you pass away ...
A convertible term plan starts off like a regular term life insurance policy, offering a high sum assured at a low premium, payable for a fixed tenure of 20 or 30 years. (Reuters) A convertible term ...
In today's rapidly changing world, it is more important than ever to protect your loved ones financially. More individuals are seeking ways to protect their loved ones. Term insurance, a pure life ...
Most people assume term insurance is simple. You choose a cover amount, pay the premium, and the policy is issued. In reality, there is one step before ...
A term insurance plan is a simple life insurance policy. The policyholder must pay an annual fee known as a premium.
Understand what a term plan is, how it works, and how it differs from other life insurance plans for smart financial protection. Financial planning often begins with protecting what matters most.
the best term insurance plan can be an important part of your financial journey. But the plan that works for someone in their 20s may not work for someone in their 50s. That’s because our needs keep ...
Term insurance helps you save on taxes while also securing your family’s future. The premiums you pay can be claimed as tax deductions, and the payout your family receives is completely tax-free. You ...
TROPs are costly as insurance companies have to give back the premiums paid to the policyholder after maturity. A term insurance plan with return of premium (TROP) is an attractive option for ...
Term insurance grants security, while ULIPs help generate wealth, thereby achieving a perfect balance in financial goals.
When you hear about planning finances, you might imagine mutual funds, fixed deposits, or real estate. But there’s one very important component that usually goes unmentioned: protection. And that’s ...