Making mistakes when you buy a financial product is very common for investors. So, in this article we’ll be discussing life insurance mistakes to avoid when buying a policy. It’s gruesome when the product is life insurance. Imagine you think you are efficiently insured when actually you are not and your family ends up withRead More
Insurance
Queries on life insurance answered
Here are some common life insurance queries that investors from India have. This is part of a series of common doubts investors have on life insurance policies. Today’s questions relate to how much life insurance a person can take; whether it is valid outside India; will claims be allowed if premium is unpaid; can theRead More
Go online for the best and cheapest term insurance plans in India
Blame it on technology. Many insurance agents are ducking for cover as term insurance plans go online in India resulting in cheaper premiums for the customer. Life insurers have become more innovative as the years have gone by and launched best and cheapest term life insurance policies keeping the customer’s wallet in mind. The greatRead More
Different types of life insurance policies in india
Depending on their objectives, there are at least three types of life insurance policy classifications. A life insurance policy could offer pure protection (insurance), another variant could offer protection as well as investment while some others could offer only investment. In India, life insurance has been used more for investment purposes than for protection inRead More
What is Personal Accident Insurance Cover ?
Amongst all your must have insurance policies, personal accident insurance cover or personal accident insurance policy stands out as important as the others, namely term insurance and medical insurance. If you don’t have one, your financial planning could go haywire. Imagine you commute to work in a two wheeler and are knocked down by aRead More
How many insurance policies can one person have ?
This is in continuation of my “How Many” series articles. The topic this time is how many insurance policies can one person have ? While we did touch upon must have insurance policies for an investor in his overall financial planning, what might confuse the investor is how many such should he totally have. If youRead More