Term Insurance

How you can stop your investment from slipping into insurance unclaimed funds

How you can stop your investment from slipping into insurance unclaimed funds

Recently, PTI reported that as much as Rs 15,167 crore of policyholders’ money was lying unclaimed with 23 life insurers as on March 31, 2018. Out of this, Life Insurance Corporation (LIC) has Rs 10,509 crore as unclaimed funds, while the remaining Rs 4,657.45 crore is with the 22 private sector insurers. Key reasons for rising unclaimed amount with these insurance companies 1. Failure in filing claims The biggest reason for a large number of unclaimed funds lying with the insurer is [...]

Read more...
How Term Insurance help to ensure your family's financial stability

How Term Insurance help to ensure your family’s financial stability

Life is an uncertain journey wherein many factors can disrupt the flow of life. If you are a part of the growing middle class who is working for a company, you are dependent on a regular monthly income. This regular monthly salary ensures that one can take care of every need promptly and plan accordingly. Electricity bill, telephone bill, mobile and internet bills, and other monthly expenses dine outs with the family etc. These all expenses are dependent on the [...]

Read more...
What is this buzz about term insurance

What is this buzz about term insurance?

What is this buzz about term insurance? In India, most people either familiar with Life Insurance or insured with various policies in their name. All through this range of interest for insurance, Term Insurance plan is popular among them. Providing a low-cost track to financial security, term insurance policies sell like icecreams on a hot day. Be it their affordable premiums, long-term financial benefits, or their exciting tax savings, term insurance is all the rage. Particularly now, during peak tax [...]

Read more...