Life Insurance

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5 Reasons why millennials are staying away from term insurance

Despite the financial power millennials have, only 17% of them have bought a term insurance plan.

What does the Employee Deposit Linked Insurance (EDLI) scheme mean for private sector employees?

How private sector employees can avail of life insurance under EDLI

Does your life insurance policy cover death due to COVID-19?

In case of death due to COVID-19, how are life insurance plans decided regarding the claims made?

FAQs about life insurance coverage during pandemic times

Here are some answers to some common queries a life insurance policy holder might have about coronavirus.

Life insurance: Understand survival benefit, maturity benefit and death benefit

An account of life insurance benefits on survival, maturity, and death, and how to select a policy that’s right for you.

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.

Everything you need to know about ULIPs (Part 2)

With many different types of ULIPs available in the market, it is important to make sure that you invest in one that meets your investment goals and your insurance needs.

What are the major life insurance payouts in India?

Let us, for our own sakes, think morbidly and ask: what kind of payouts are insurance companies obliged to pay?