insurance
When is a joint life term insurance policy that covers a couple is useful? Find out
Mon, Oct 08, 2018
The primary feature is that they provide you with an option to extend your term insurance plan to your spouse, irrespective of the fact whether he/she is employed. Typically, it is the wife who is the non-working spouse. Under this option, the spouse is eligible for 50% of the sum assured of the primary life insured, that is, if the husband has a sum assured of Rs 1 crore, then the wife gets a sum assured of Rs 50 lakh.
More >
Insurance: Why you should increase your term life cover going forward
Wed, Aug 01, 2018
The primary objective of life insurance is to eliminate financial burdens a family might face in case of an untimely death of an earning member, by providing adequate financial support. Term insurance policies are pure protection covers that offer death benefit and cover the financial loss in the form of either a lump-sum payment or regular income payments.
More >
Good news! These small ticket insurance policies cover wallets, mobiles to lost stuff in cabs
Thu, Jul 19, 2018
One can also avail an insurance policy for the losses that may happen during rides on cabs like Ola and Uber. The insurance offered at a premium of Re 1 each provides a coverage of Rs 5 lakh. The policy covers you from accidents to delays that happen in catching flights.
More >
Have life insurance policy? Save your wife, kids from shock, check Married Women's Property Act
Thu, May 03, 2018
It is a common phenomenon that people think after buying a term life insurance policy, their family and specifically their wife and children are protected against any unexpected events. Well, it doesn’t, because just buying a life insurance policy would not necessarily safeguard your family in getting the insurance claim money in case of your death.
More >
