Tag: term insurance

There’s more to term insurance than low premiums

Term insurance has become an important element of many people’s lives today. Almost all life insurance companies have introduced term insurance products in response to...

Buying term insurance in your 50s? Better late than never

In such a situation, if, for instance, your existing life insurance policy term gets over, or you haven’t even purchased a policy yet, then should...

A simple formula to check your life insurance needs

In general, the ideal life insurance policy amount can be calculated by considering your long-term financial obligations. Need for life insurance: The universal rule is...

Term and health insurance top priority amidst Covid-19 pandemic: Study

NEW DELHI: Over 90% of Indians believe that health and term insurance is important for their financial safety and mental wellbeing, as per the findings...

Health insurance policies covering domiciliary covid treatment in demand

NEW DELHI: The pandemic has indeed brought health insurance products to the forefront and with lockdowns in effect, customers have been steadily discovering the ease...

Don’t go by thumb rules while determining term insurance cover

NEW DELHI: Term insurance is the simplest form of life insurance that pays out the sum assured if the insured dies during the term of...

Max Life Insurance launches term plan with Special Exit Value option

NEW DELHI: Max Life Insurance Company has launched a comprehensive term life insurance plan that offers enhanced financial benefits, customised for new-age subscribers. It is...

The right way of choosing a Saral Jeevan Bima plan

NEW DELHI:After a long wait, life insurers in India have started to roll out regulator-mandated standard term insurance plan, Saral Jeevan Bima. To help individuals...

Term cover bundled with income option may not offer a good deal

In a press release, the company said, “This term policy option is a unique proposition in the life insurance industry as it bundles regular pension...

Term insurance policy premium likely to get costlier

Term life insurance premiums are likely to increase as reinsurers have revised their premiums upward. This is the premium which life insurers have to pay...

Charges you must know before investing in Ulips

However, with the economy gradually opening up, some insurers are seeing a revival in demand for unit-linked insurance plans (Ulips). “We are observing that the...

Don’t let rising term insurance rates deter you from buying it

Term plans are pure protection covers that pay a predetermined sum assured on the death of the insured. Such plans offer a large cover at...

Rising mortality rate drives term insurance premiums upwards

Such plans offer a large cover at affordable premiums. This year, however, most insurers such as ICICI Prudential Life Insurance Co. Ltd, Tata AIA Life...

Why you shouldn’t look at insurance as a discretionary expense

If there’s anything the covid-19 pandemic has helped us realize, it’s the fact that life is filled with uncertainties and there’s no way one can...

It’ll be tough to buy a life cover if you have covid-19 symptoms

According to life insurance companies, reinsurers are asking for covid-19-based disclosures at the time of policy purchase. With social distancing becoming the new normal, most...

Having covid-19 symptoms could come in the way of buying life insurance

According to life insurance companies, reinsurers are asking for covid-19-based disclosures at the time of policy purchase. With social distancing becoming the new normal, most...

Health and term insurance covers gain traction

The covid-19 pandemic has changed the health and life insurance landscape in many ways. People are now taking health insurance more seriously and are preferring...