Facing a situation where your insurance claim got rejected or denied…it can be frustrating and confusing. However, it’s crucial to remember that Insurance Claim Rejection can happen for various reasons, and understanding them can help you navigate the process effectively. In this article, we will explore common reasons why insurance companies reject claims and provideRead More
basics of life insurance
Whole life insurance plans in India
Among the different types of life insurance policies in India, whole life insurance plans are a category which many investors have warmed upto. The reasons range from the fact that they provide life cover all through your life, as their name itself suggests to the fact that they have a savings component built into them.Read More
What is surrender value and paid-up value of a life insurance policy ?
Are you stuck with a life insurance policy that you want to surrender or discontinue? Surrendering a life insurance policy is a tough job as it often means a loss of a small amount of premium in many cases. You also have the option of making your policy paid up. What is surrender value and paid-upRead More
5 ways on how to calculate your life insurance needs
How to calculate your life insurance needs is an often asked question and many investors use quick thumb rules to get to the actual requirement. Then there are more sophisticated methods which financial planners use to zero down on the accurate figure. This post is about all the methods which exists and investors need to beRead More
Do single premium term insurance plans make sense ?
The insurance regulator IRDA was in the thick of news recently after it went after single premium insurance plans saying they needed to be taken off the shelf. While the industry stalwarts continue their flip flop on topic, we decided to check whether is makes sense to buy single premium term insurance plans in India.Read More
The best way to protect your home loan – home loan insurance or term insurance ?
A home is one of the biggest investments of your life. In most of the cases, investors take a home loan in order to buy the house. When a home loan is taken, it essentially puts your house on mortgage. The house is owned by the lender as the lender has paid you a loanRead More