Is life insurance for single people necessary ? If you are single, do you really need any protection ? The answer is no in many cases but it could possibly be yes in many others. Generally, a single person wakes up to the need of life insurance after he gets married but this is generallyRead More
basics of life insurance
How much life insurance do you need ?
How much life insurance do you need? It can be calculated in an excel sheet now. Use the two methods to calculate the figure. Please be aware that there is a better method called Needs Analysis which is the best and most professional way to get to the magic figure. WhenRead More
7 Important Life Insurance Mistakes to Avoid
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
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
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