Riders along with insurance policies are additional benefits that could be opted for over and above the base policy. Available at an extra premium, they enhance and customize your insurance policy to meet your specific needs. Insurance companies offer a host of insurance riders to choose from. From critical illness to disability, these riders are … Continue reading Choosing the Right Insurance Rider
Online term insurance plans, in recent times, have gained considerable popularity. Marketed as a quick and cost effective life insurance option by almost all major insurance companies, online term plans are definitely here to stay. What do these plans actually have in store? Here is a quick look at the pros and cons of buying … Continue reading Online Term Insurance Plans- What to Watch Out For
Top-up and super top-up plans are two unique options to health insurance policy holders to enhance their existing sum assured. With rising inflation often actual medical expenses far exceed the existing health cover. Now with these two options available in the market, you get an advantage to meet these extra health care expenses. Top-up and … Continue reading Difference between Top-up and Super Top-up Plans
To insure a car, home, or any other material asset, the general procedure involves valuing them in terms of rupees as per its market value. But what about life? Determining how much you are worth and insuring it is a surely no easy task The Human Life Value (HLV) approach comes to your rescue here. … Continue reading What is Your Human Life Value?
When it comes to premium pricing, it is found that the costs of ULIPs are far higher than their counterparts-term and endowment. The reason for this high premium lies in the plans working structure, and what it has in store for an investor. To get an answer to the question of why Unit linked plans quote … Continue reading Why are Premiums Higher in Unit Linked Plans
Life insurance plans are plenty. Pension, endowment, ULIP or term, the list is exhaustive and making a choice may often be perplexing. With the wide range of options available in the market today, how do you know what’s the right kind for you? Here’s a roundup of it, and how you should go about making … Continue reading What is the Right Type of Life Insurance Policy for Me?