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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).

Death Claim: Is it possible to claim from more than one Life Insurance policy?

It is perfectly legal to buy and hold more than one life insurance policy. Your beneficiary can rightfully claim from all the life insurance policies you hold in the unfortunate event of your death. Multiple policies offer an extra level of protection that a single plan might not necessarily provide you.

All about bonuses in life insurance plans

Bonus, in common parlance, refers to an extra payment received over and above the assured income. But what does it mean in 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.

What makes buying life insurance online click?

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.