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Insurance terms can be quite complicated to understand. However, it is important for us to know these terms before we purchase a policy or make any other decisions like this.
The term Sum Assured comes to play when one buys an insurance policy which has a pre-determined amount payable on the happening of the insured event. This is usually in the case of life insurance policies and other policies which have a guaranteed return, likeMORE
An annuity is a type of pension product which provides an opportunity for long term investments. Most of these plans are available as life insurance policies from the best life insurance companies in India.
An annuity works as a safety blanket for a time when one does not have a stable income or is unemployed. These plans therefore come in handy as long- term investments and are an ideal bet as one’s retirementMORE
Life insurance is a term that we have heard since our childhood. Most of us probably even have a life insurance policy, and if not us, the generation before us definitely does.
Life insurance is basically an insurance drawn on your life, which means that the policy matures on the account of the death of the policy holder. This is created so that the survivors or the nominees of the policy are financially secure after the demise of the policyholder. The tax benefit behindMORE
For a long time, when one thought of higher education, they would not think beyond the best universities in India. But now, we see the world grow smaller and opportunities to study abroad become more feasible. Ivy league colleges are not just the dream colleges of American children. Indians are now also looking at colleges in Germany, Canada, UK and Australia to pursue the courses they love. As appealing as “Harvard” was, and perhaps still is, there has been a change in the priority ofMORE
While it is common knowledge that life insurance plans cover the risk of dying too early, did you know, that they can help you save too?
Life insurance plans come in different forms. While the term insurance policy provides unmatched protection against the risk of death, other life insurance plans are savings oriented which help you create a corpus for your financial goals. One such type of savings oriented lifeMORE