Life Insurance Cover

Thu, June 6, 2024 | 3 min read

Breaking down the components of ULIPs, the article explores how these plans can serve the financial needs of senior citizens, providing insights into retirement planning, estate planning, investment management, emergency withdrawals, and tax benefits. Unlocking Financial Opportunities: ULIPs for Senior CitizensAs individuals progress into their golden years, the dynamics of financial planning undergo a transformation.

Wed, May 29, 2024 | 3 min read

Unit Linked Insurance Plans (ULIPs) stand at the intersection of investment and insurance, offering a comprehensive solution for individuals keen on wealth creation and financial protection. The Dual Nature of ULIPsULIPs embody a unique blend of insurance and investment, allocating a portion of premiums to life insurance coverage and investing the rest in market-linked funds.

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.

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.

Mon, April 22, 2024 | 3 min read

Life insurance offers financial security to your loved ones in the form of death benefits to the nominee(s) in the event of the policyholder’s demise. Previously, policyholders could also enjoy tax benefits on the premiums they paid towards a life insurance policy, which added to the savings they accrued.

Mon, April 22, 2024 | 3 min read

ULIPs (Unit-linked insurance plans) offer two types of benefits. One is a life cover and the second is returns on investment.

Tue, January 16, 2024 | 3 min read

Many people are keen on ULIPs as they offer the dual benefit of insurance and investment. A portion of the premium can be invested in debt and equity funds for the purpose of wealth creation.

Thu, January 11, 2024 | 2 min read

In the tangled web of financial planning for Non-Resident Indians (NRIs) many opt for investing in life insurance from India. While considering this investment one wonders whether GST applies to life insurance emerging as a pivotal point.

Thu, January 11, 2024 | 3 min read

Term insurance offers financial security to your loved ones when you are no longer around. Many people choose term life insurance policies as they offer significant coverage with affordable premiums as well as tax benefits.

Sat, January 6, 2024 | 3 min read

Postal Life Insurance (PLI) is the oldest life insurer in the country which not only gives insurance cover to a taxpayer but also offers tax benefits. Perplexed about the tax benefits for Postal Life Insurance?Read this blog thoroughly to gain knowledge about tax benefits on PLI maturity.

Fri, January 5, 2024 | 3 min read

Did you know that Postal Life Insurance (PLI) is the oldest insurance policy that continues to be offered in India? It was launched as early as 1884. While the PLI insurance policy was first introduced for postal employees, it has been expanded to cover employees of central and state governments, defence and para-military services, PSUs, banks, educational institutions, local bodies, professionals, and companies listed with the Bombay Stock Exchange (BSE) and National Stock Exchange (NSE).

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?’.

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.

Wed, August 9, 2023 | 2 min read

Changes can be daunting, especially when they're unexpected. Take a change of nominee for example.

Wed, August 9, 2023 | 3 min read

ParametersWhole Life InsuranceTerm insuranceWhat is it Whole life insurance is a type of life insurance policy that provides coverage for the entire life of the policyholder, as long as the premiums are paid. As per the guidelines of the Insurance Regulatory and Development Authority of India (IRDAI), whole life insurance policies can be offered by insurance companies in India.