Category: Term Life Insurance

A checklist with text '5 Things to Consider Before Choosing a Term Life Insurance Policy' against a background of financial icons and a life insurance symbol

5 Things to Consider Before Choosing a Term Life Insurance Policy

Term insurance is mostly a one-time buy product, unlike motor insurance, which needs to be purchased very frequently. Term insurance is designed to provide compensation to the family members of the insured in case of the death of the insured due to an insured peril. In general term insurance plans cover all types of death […]

Right Term Insurance Plan - Vector image having check boxes

The Right Term in a Term Insurance Plan.

Yesterday I overheard a conversation between two friends, here’s a transcript of how it went – Amit : Hey Suman, I turn 30 next month, what do you think should I gift myself? Suman : Haha, finally you go to the wrong side of youth, very soon you will be the disadvantageous demographic dividend 😄 […]

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Why Insurance claims of accidental deaths caused by drunk and drive are denied?

I was having an interesting chat with one of the corporate hr leaders yesterday. His question was: “Why in Accidental Deaths, if the person died is found drunken driving, he is denied the insurance claim ” He continued “the proceeds of the claim are meant for his family members. Why punish family members for the mistake […]