Life Insurance

Wed, August 9, 2023 | 6 min read

In the world of financial planning and investment, you may have come across Unit Linked Insurance Plans (ULIPs). They have gained significant popularity due to their unique combination of security and investment features, making them an attractive option for many.

Wed, August 9, 2023 | 3 min read

Let's have a little chuckle before we dive into changing nominees in a term insurance plan. Picture this - you're happily married, then suddenly you're not.

Wed, August 9, 2023 | 3 min read

There might be a few situations where a policyholder wishes to have more than one nominee for its life insurance policy. For example, if you have family members with different financial needs - like a life partner and children from a past marriage - you might need to part the sum assured between them.

Wed, August 9, 2023 | 3 min read

Have you ever wondered from where did the term life insurance have derived?Alright, let's take a trip back in time to when ancient traders were sailing the seas with all their treasures. .

Wed, August 9, 2023 | 3 min read

Have you ever thought about what would happen if there were no legal heir details mentioned in the insurance policy? Let’s take two scenarios that would make you think twice that in the absence of legal heir details not mentioned in the insurance policy what could happen? In the first scenario, if the policyholder passes away and there's no legal heir who can claim the policy benefits, the insurance company will hold the benefits for a certain period known as the "unclaimed benefits" period. The length of this period will depend on the type of policy and the insurance company.

Wed, August 9, 2023 | 1 min read

Worried about whether you are entitled to tax benefits for your term insurance plan, don’t worry we have an answer for you. The answer is Yes, you can get tax benefits for paying the premium of your term insurance policy as per the Income Tax Act, 1961, and the guidelines of IRDAI.

Wed, August 9, 2023 | 3 min read

We all cherish our kids, right? And we want to ensure they’re cared for no matter what. So, listen up parents, because this one's important.

Wed, August 9, 2023 | 6 min read

When it comes to ULIPs (Unit Linked Insurance Plans), one term that holds significant importance is the "Sum Assured. " It is vital in shaping your financial future by providing insurance coverage and investment opportunities.

Wed, August 9, 2023 | 2 min read

Are you worried about your child’s future needs and wish to secure your little one's future? Look no further than child insurance policies. These plans cover everything from education to marriage and other life events, ensuring your child's financial security in case of the unexpected.

Wed, August 9, 2023 | 4 min read

Launched in July 2009, the Chief Minister Comprehensive Health Insurance Scheme was earlier called ‘Kalaignar Kapitu Thittam’ in Tamil Nadu. The primary objective is to offer high-quality healthcare to eligible individuals through the government of Tamil Nadu and private hospitals in the state that have been approved for participation in the scheme.

Wed, August 2, 2023 | 3 min read

Group Life Insurance safeguards a collection of individuals, usually employees of a business or members of an association. The policy provides a lump-sum payment to the beneficiaries of an insured person in the event of their death.

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.

Wed, August 2, 2023 | 3 min read

A Group Life Insurance policy is a form of insurance that offers life insurance coverage to multiple individuals who are united under one policy. This insurance policy is typically purchased by employers for their employees, but it can also be purchased by other organisations such as banks, societies, and other groups.

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.