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Life Insurance

Should You Get The Rs 1 Crore Life Insurance Cover?
Life insurance financial secures a family from the unfortunate demise of an earning member of the family. While the need to get one is not debated, the question of how much cover you should get is. Many insurance companies are advertising ...
Should You Get The Rs 1 Crore Life Insurance Cover

What Is Assignment In Life Insurance? Know All
Selling of life insurance policies is not possible as with other assets and herein you need to surrender the policy that entails a costs, however if you wish to liquidate your investment in it, there is an option whereby you can ...
IRDAI Makes Illustrations Mandatory For Life Insurance Products
To reduce mis-selling of life insurance products and improve transparency, IRDAI (Insurance Regulatory and Development Authority of India) has instructed insurance companies to include a "benefit illustration" at point of sale (POS) for their products. Starting 1 December 2019: ...
Irdai Makes Illustrations Mandatory For Life Insurance Products
Is Suicide Covered Under Life Insurance Policy In India?
Multiple data sources show that India's suicide rate is among the highest in the world. When a member of a family dies, it sometimes leaves the dependents financially crippled. It is an unexpected event for the family. An insurer usually gets ...
5 Changes In Life Insurance Set To Benefit You: Know The New Rules
After a hiatus of some nine long years, the IRDAI has proposed some changes for its non-linked category of products and ULIPs. Non-linked insurance products are the traditional life insurance plans including endowment and money back plans. Here the product shares ...
Changes In Life Insurance Set To Benefit You Know The New
Insurance Premiums To Cost Less From April 1
Life insurance is likely to become cheaper coming new financial year as insurers will go with the new table on mortality that provides for the tariffs charged to cover lives. When the reference rates would be reset, there will be a ...
Insurance Premiums Cost Less From April
How To Claim Unclaimed Insurance Benefit?
Unclaimed insurance payouts remain with the insurer because of no-knowledge on such policies with the nominee or beneficiary. Further even if the insurers' try contacting such beneficiaries they may be unavailable so the amount remains unclaimed. Also, there may be incidence ...
How Claim Unclaimed Insurance Benefit
Postal Life Insurance; All You Need To Know
Did you know that post offices also offer life insurance policies? Known as the Postal Life Insurance or PLI, its eligibility was earlier restricted but the rules were recently changed to maintain a competitive edge in par with the other insurance providers of the country....
Postal Life Insurance Types Eligibility
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