TomorrowMakers ™

Insurance Plans

Types of Insurance Plans

Life, as Forrest Gump puts it, is like a box of chocolates; you never know what to expect. Therefore, it makes sense that you should be prepared for every eventuality, especially the unpleasant ones. Certainly the most disagreeable of these eventualities is the prospect of your untimely and unfortunate demise. In such a situation, not only would your family be crippled with grief, they could find themselves in considerable financial distress as well, if you were not prepared for it in advance.

Once you’re in the market for a life insurance policy, the question that arises is: which one should you choose? After all, there are tons of different policies and different insurance providers out there and for someone who isn’t well aware of the pros and cons of them all, making a crucial decision like this can be daunting.

A guide to ULIPS: how exactly they work, what benefits they provide, and what types of investors they are perfect for.

Child Plans are specific insurance plans which help parents save for their child’s future expenses in a systematic manner.

Home insurance is a fairly new concept in India when compared to other types of insurance like life and health. We’ve thus created an easy to understand guide to Home insurance for your ready reference.

We’ve prepared for you a comprehensive guide to car insurance- it’s everything you’ve ever wanted to know, and more.

A prolonged illness and a sudden accident alike can greatly impact your financial stability. Choose the right insurance plan to protect you and your family against unplanned disasters

Life insurance is one of the pillars of proper financial planning of a family.

If at some point you have asked yourself, “Who will look after my family when I’m not around?”, you are not alone.

 
 
 

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Life insurance is another such thing, and the right time to learn about it- any time between when you start earning money to when you’re forced to stop.

What makes buying life insurance online click?

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From buying mobile phones to placing orders for grocery items Indians are getting hooked on online shopping in a big way. Till a few years ago life insurance was mainly bought offline but now customers are also showing increasing interest in buying life covers online.

Life insurance types simplified

Life insurance types simplified

Broadly speaking, there are only two types of life insurance policies – ones that offer only a death benefit (Term insurance) and others that offer death + maturity or investment benefit (e.g. Endowment Plans or Unit Liked Insurance Plans).

Why should you avail life insurance?

Why should you avail life insurance?

At times when household budgets are spread thin, investing a part of your hard-earned money towardslife insurance might seem unnecessary.

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