Category: Articles

When applying for insurance in India, you may find that your application isn’t just about your present health but also heavily influenced by your medical past. One of the most crucial factors that insurers scrutinize is your medical history—a comprehensive record of past illnesses, injuries, or ongoing health conditions. But there’s more. Have you ever… Continue reading Understanding the Link Between Family Health History and Life Insurance Costs

Imagine you’re standing at a crossroads, tasked with a decision that could shape your family’s future. On one path, you have financial security, a safety net for your loved ones, and a clear plan in place should life throw any curveballs. Conversely, uncertainty appears—what happens if you’re not there to provide or protect? This is… Continue reading Human Life Value- What Is It and How To Calculate It?

You’ve spent years working hard, making sacrifices, and building a future for your loved ones. You want to make sure that, no matter what happens, they’ll be taken care of financially. That’s where life insurance comes in—a safety net for the ones you hold dearest, which ensures their security when you’re no longer around. But… Continue reading Common Life Insurance Scams and How to Avoid Them

Do you have a life insurance policy but are thinking about cancelling it or switching to a different one? If so, there’s some good news for you! Starting from October 1, 2024, life insurance policyholders will receive a higher refund if they decide to discontinue their policy during the early years after opening it. The… Continue reading Surrendering Your Life Insurance? New Rule Changes Ensure a Bigger Payout!

As one of the vital components of financial planning, life insurance helps individuals and families effectively deal with their life’s unexpected circumstances. During the fiscal year 2023, the Indian Life Insurance Industry sold life insurance policies totaling more than INR 7 trillion. This increase in premiums was a major one when compared to what was recorded… Continue reading Policyholder vs life assured

No matter where you live or work, every breadwinner’s goal is to protect their loved ones financially. If you want to protect your loved ones in your absence, you cannot overlook the importance of “Life insurance”. But if you are a policyholder, it’s you who will decide that the person will receive the benefit in… Continue reading Nominee In Life Insurance

If you want to protect yourself and your loved ones, you cannot overlook the importance of an insurance policy for financial emergencies. However, it’s not enough to have a policy; you must pay regular premiums to ensure that your coverage remains active. If you stop paying these premiums, your policy will lapse, which means you… Continue reading Understanding All Details About Policy Lapse

Since the implementation of the GST (Goods and Services Tax) in India on July 1st, 2017, it has drastically affected the taxation and economic services industry. It became a subject of extensive conversation overnight because it affected almost all sectors, including life insurance premiums, with its associated rules. The GST, which is an all-inclusive multi-stage,… Continue reading GST on life insurance premiums

No matter where you live in India, securing your family is a fundamental priority, especially when you’re an individual earning Rs. 25k per month. When it comes to protection, “term insurance” stands out as the best option to provide financial protection in your absence. Furthermore, it gives you peace of mind that if anything wrong… Continue reading Term Insurance for Individuals With 25K Salary

It is no secret that life insurance is just like a promise between you and an insurance company. If something happens to you while you have the insurance, the company will give money to your family.  In India, there are 20+ life insurance companies in India registered with the Insurance Regulatory and Development Authority of… Continue reading Top 10 Life Insurance Companies in India