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Is There An Option To Buy Unlimited Life Insurance Cover?
Unlimited life insurance cover, though sounding to be a highly enticing bet, is in no way possible, even if the life insured has the capability to pay premiums towards it. And as such the main factors which the sum assured value ...
Now pay TDS on maturity of your Life Insurance Policy
Finance Minister, Arun Jaitley, has done quite a few things for insurance in the Union Budget 2014. He has increased the Foreign Direct Investment (FDI) in insurance sector during Budget 2014. The Cabinet also approved the Finance Bill 2014 ensuring management ...
5 factors that decide your insurance premium in India
With the rise of life diseases it is important that we have an insurance cover for everyone in our family. The prime reason is otherwise it could be a severe drain on our financial resources, particularly if the earning member passes ...
A layman’s guide to the basics of life insurance
Life insurance is a bond that offers protection to the human life by assuring the nominees would receive a fixed sum of money if the insured person dies. The money received in the form of life insurance is meant to be ...
Sbi Life Power Insurance: SBI Life's Type I ULIP plan
An ULIP or unit-linked insurance plan that can meet both your life insurance as well as savings requirement comes with level as well as increasing cover option. In respect of the increasing cover plan, sum assured value gets increased by 0% ...
Money Apps to assist you in your finances
In this technology-driven era, where there is an application or more generically referred to as app for everything from travel to food, the field of finance is also not left behind. And for different areas that constitute the world of ...
What is a micro-insurance policy?
Insurance Regulatory and Development Authority (IRDA), the body regulating the functioning of insurance industry in India, in order to promote insurance among economically weaker or vulnerable sections of the society has introduced a special class of insurance policy termed as micro-insurance. ...
What is paid-up value in insurance?
Paid-up value in the insurance parlance refers to lowered sum assured value that is paid by the insurer in case the insured discontinues premium payment after 3 policy years. Conventional insurance products, including whole life insurance plans, endowment plans and money ...
LIC's Amulya Jeevan II Term Plan offers high cover
The new Amulya Jeevan II plan of LIC is a pure protection plan that offers financial security to the family members of the life insured in case of his/her unfortunate death. The plan is suitable for individuals who seek a high ...
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