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Life Insurance

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How To File Maturity Claim in Life Insurance

Posted on May 23, 2022 by Admin
Maturity Claim in Life Insurance Policies: Know Features and Benefits

Purpose of life insurance is to pay the claim to nominee in case of death of life insured and pay the maturity claim to Proposer in case of survival. Life insurance is also a saving instrument which guarantees to fulfill… Continue Reading →

Life Insurance
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How LIC Policy Holders Can Avoid Insurance Fraud

Posted on May 18, 2022 by Admin
LIC Policy Holders: How to avoid insurance frauds and save your money?

Surinder Chopra is a middle-aged cloth merchant who has also been a loyal LIC customer for decades. He purchases a policy from his local LIC agent; however, recently he has also been getting some phone calls regarding some attractive LIC… Continue Reading →

Life Insurance
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Disclosures in Proposal Form of Insurance: Habits

Posted on April 25, 2022 by Admin

Kailash, age 30, took a term insurance of Rs 1 crore for the financial security of our family. Kailash was a smoker and was told that premium rates for smokers will be higher. Kailash decided not to declare his smoking… Continue Reading →

Life Insurance
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LIC Insurance Scams: Top tips to avoid LIC frauds and save your money

Posted on April 15, 2022 by Admin
LIC Insurance Frauds in India

Junaid is a young man who comes from a humble background and is the only son of his aging parents. When he started work he wanted to purchase a health insurance plan for his parents. He decided to go for… Continue Reading →

Life Insurance
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How to avoid being a victim of Life Insurance Mis-Selling in India

Posted on April 11, 2022 by Admin
Guideline to be aware of mis selling of life insurance policy

Sandip Singh Batta is a businessman based in Jaipur and lives with a joint family with many dependents. He and his brother have built the business from the ground up since their father passed away and Sandip has been very… Continue Reading →

Life Insurance
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Common Types of Online Life Insurance Frauds in India and Tips To Avoid It

Posted on April 7, 2022 by Admin
What are the different types of Life Insurance frauds in India and how to avoid those?

Meenal is a middle-aged housewife who always found it convenient to leave the financial management and decision-making to her husband. The ignorance that she maintained about her family’s finances came with a high price once her husband dies due to… Continue Reading →

Life Insurance
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What happens if I miss life insurance premium payments?

Posted on March 16, 2022 by Admin
Know what to do if you miss a life insurance premium payment?

Swati bought a life insurance policy in 2014 and ever since then she has been very consistent in paying the premiums until COVID-19. In the first wave of COVID-19, the companies started downsizing and Swati was also laid off like… Continue Reading →

Life Insurance
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How can a Life Insurance Policy Payout be claimed in India?

Posted on March 11, 2022 by Admin
Know How Does a Life Insurance Policy Payout Work in India?

Chitra’s husband was the sole breadwinner of the family; however, her world came crashing down when he was suddenly diagnosed with COVID-19 and passed away in just one week. With two small children and a hefty home loan, many financial… Continue Reading →

Life Insurance
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Steps to Revive of Lapsed Life Insurance Policy

Posted on March 9, 2022 by Admin
What is the process of reactivating lapsed life insurance policy?

Nitesh was working with an IT company. However, because of COVID-19, the company had to downsize and Nitesh lost his job. Since job opportunities were lesser in the market, he could not get a job for a long time and… Continue Reading →

Life Insurance
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A quick guide to renewing your life, health, and motor insurance policies that have lapsed

Posted on February 24, 2022 by Admin
Know how to renew your Lapsed Life, Health and Motor Insurance Policies in India

Manoj Vashisht was living with his wife and two sons in Bangalore. A couple of months ago he met with a tragic accident and lost his life. Ever since then his family is taking rounds of the insurance company to… Continue Reading →

Health Insurance, Life Insurance

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