577 ViewsLife insurance was a plan initially meant for life cover but gradually became popular as an investment plan. Though several of the returns and savings from life insurance, you could also get returns from it for your children. But like any other investment plan, life insurance plans also have advantages and disadvantages. And knowing these will help you make the correct decision on which plan to choose and with which features. Read on to…
"Pros And Cons Of Life Insurance For Children In India"Category: Insurance
620 ViewsULIP is a single investment plan that offers multiple benefits. You can have an insurance cover and generate returns, all in just one ULIP plan. It is so because some portion of the premium you pay is invested in an insurance policy, whereas the remaining portion is invested in equity or debt instruments which will help you generate returns. ULIP is a unique investment plan that seamlessly combines insurance policies’ benefits with market-linked investment.…
"What are some of the benefits and features of ULIP?"
508 ViewsLife is full of surprises, and some might not be pleasant. Therefore, smart people always try to ensure the financial stability of their loved ones if they are no longer around. A term life insurance can be the right product to fulfil such requirements. What is Term Insurance? A term insurance is the most common and affordable insurance policy. The policyholder purchases the plan for a lump sum or periodic payments, and the insurer provides…
"Compare Term Insurance Options Before You Buy One"
652 ViewsA term life insurance policy plays an unquestionable role in the security of your family. You might be leading a financially comfortable life with your family but if you ever have to, unfortunately, leave them behind, term life insurance and its coverage will protect your family from financial hardships. But what’s equally important is choosing a beneficiary that you trust to make life easier for your whole family. Through this article, let’s understand what…
"Who are Beneficiaries in Term Life Insurance Plan and What are Their Roles?"
588 ViewsCars are not only an asset but pride for your family. When you buy it, you check all the features and the comfort level. It gives you the liberty to go on road trips and commute to work without relying on public transport. It saves your time and helps you reach the destination safely. However, it is mandatory to buy insurance according to the Motor Vehicle Act, 1988. There are two categories of Car…
"What is a Comprehensive Car Insurance?"