Do you understand term life insurance? Since it is a very popular type of policy, it would be smart to know what it is before you decide which kind of life insurance policy to buy!A term policy guarantees coverage for a temporary period of time, and that is why it is called term. There will be a fixed premium which will be guaranteed for a period of time as well.Sometimes the fixed length of coverage can be a few years or a few decades. Policy...more
There is a popular saying which goes with the word insurance hand in hand and that is "Insurance is not for the person who passes away, it is for those who survive". An insured life promises you that any eventuality in your life will not hamper the life of your family and they will have same living standard as they are having in your presence. This is the reason why people have become aware for insurance in India. They go for both life insurance...more
Whenever people think of buying life insurance, most of the times they find themselves in a dilemma about which policy to go for. There are numerous options available to one in terms of buying a life insurance policy, both offline and online. One can consult with an insurance agent who can assist you in choosing the best life insurance policy depending on your purchasing capacity and other terms. The second option is to search online.With the advancements in internet technologies, people can now search for various life insurance options online. Before buying any life insurance policy, it is important for you to understand the basics of life insurance. Today various sites provide terms life insurance online. All you need to do is to choose your insurance company and sign up. Make sure not to sign up unless your preferences are met.These sites employ advance tools that are designed to help individuals buy life insurance online. Buying insurance through internet is not only easy but beneficial too. This is the reason why a large number of people are moving towards this online medium to buy term life insurance online. Although, most of the sites are completely secure...more
Whole life insurance or term life insurance is confidential based on many different aspects of the insurers life and health therefore many people are troubled about getting in it. Whole life insurance and term life insurance are both classified based on the same things but it does not mean that if you arent in perfect health you cannot get adequate...more
We try to be well maintained and be better serviced even when we buy something with the intention of personal use and we are always ready to shell out some extra pennies to avail this. Nobody would like to compromise when it comes to one's own life or take a wrong decision about yourself and the wellbeing of your family. The...more
Though prevails in human societies for several centuries but life insurance has become popular with the boom in this industry. There are several factors associated with that. Fast lifestyle of today has made life uncertain than earlier occasions. Secondly awareness has developed for buying insurance policies. Various additional features are associated with life insurance now that was not seen earlier. The concept of pure insurance still prevails but option of treating life insurance as a means for investment purpose is another important factor. The above mentioned factors are some of the important factors linked with life insurance and to make things more feasible many insurance experts are working on this so that they can broaden the life insurance further and make it best usable option for financial security they are also trying to make it more appropriate for a better living and a better option to meet the requirements of life by providing a financial assistance apart from the regular earning source. Life insurance provides a financial assistance and also provides an assurance that in case the breadwinner of the family dies premature even then that there won't...more
Everyone is going to go through the two cycles of life and death. But we have not moved from the ritual of tears and sadness, to one of celebration of life that went from the hell that we live in to heaven with God, as it should be.If...more
There have been various important aspects that have been kept in mind before bringing into force the concept of life insurance no exam policy and these aspects includes easiness in underwriting that ensures instant issue of policy and...more
As we start to get on in age, our mortality becomes an increasingly present concern of ours. You may ask yourself questions about how it will feel, what comes after and other philosophical questions that have plagued humanity since the dawn of time....more
Life annuity is a contract-based insurance between the insurance company (the insurer) and the party paying the insurance company (the insured). If you choose to sign up for a life annuity plan with an insurance company, you agree to pay them a fixed...more
Life insurance is an extremely important policy to consider if you have dependents who are living on the income that you bring in. When looking for a suitable policy you need to consider the quality of the coverage that you get and the reputation of...more
Term life insurance policy has its own specification while considering the options of pure insurance. These policies are issued on the basis of the set rules which are also needed to keep the policy in force. The name "term life...more