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Life Insurance - Basics

Basics

What is a Lock-in Period?

Wed, May 1, 2024 | 3 min read

Did you know that insurance companies need to offer you a free look period? This is usually 30 days, during which you can reconsider the policy and return it for a complete refund. After this, comes the lock-in period.

A lock-in period prevents you from making impulsive decisions.

How Does Smoking Impact Life Insurance Premiums in India?

Thu, April 25, 2024 | 3 min read

Investing in a good life insurance policy has become an absolute necessity now and rightly so as it is the basic yet paramount tool for the financial security of your family. While investing in a life insurance policy, the provider requests detailed information about your lifestyle and health.

Insurance Premiums: Smokers vs Non-Smokers

Tue, April 23, 2024 | 3 min read

Do you know the differences in insurance premiums for smokers and non-smokers? How does smoking affect health insurance premiums?Smoking is a major cause of concern nowadays as it leads to many critical illnesses and premature deaths. In this quick guide, you will gain a crystal-clear answer to the life insurance difference between smokers and non-smokers.

Term Insurance Premiums: Smokers vs Non-Smokers

Should NRIs Purchase Life Insurance in India? Understand Eligibility, Benefits

Wed, January 3, 2024 | 3 min read

Are you keen to know whether NRIs should purchase life insurance in India? Now, let’s first understand the insurance landscape that currently prevails in the country. There are several insurers in the Indian market who offer financial security to NRI, hence a prevalent query nowadays is, ‘Is LIC good for NRIs?’.

Life Insurance in Policy for NRIs in India

LIC Cover for NRIs: Benefits, Terms & Conditions, Premiums

Fri, December 29, 2023 | 3 min read

Relocating to another country for further studies, work, or other reasons, is a significant task. There are many things you need to be mindful of.

Life Insurance: Definition, Types & Benefits

Wed, August 2, 2023 | 3 min read

Life comes with its own risks and challenges. There are ways you can manage them with the proper support; such as life insurance for example.

What are the Different Types of Life Insurance?

Wed, August 2, 2023 | 5 min read

Life insurance is a great tool to protect our loved ones from life’s uncertainties. But most people opting for life insurance still go for term insurance, when there are several other types of life insurance available to them in India.

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