Sahil bought a life insurance policy a couple of years ago from the Life Insurance Corporation of India (LIC). However, due to COVID-19, Sahil had to go through a lot of financial crises because of which he could not be… Continue Reading
Rohit was an MBA in Finance. Once he got his first job, one of his Aunt Vinita Aunt came home and pressurized him to take Insurance. She told him that how money back plans are best for future tax saving… Continue Reading
Preeti is a software engineer with experience of over 7 years. She is married to Aneesh for 5 years. She is a firm believer of equality and often talks about how education is important to everyone and how every woman… Continue Reading
Rohan is a businessman and the kind of person who believes in securing the future of his family. Therefore, he puts money into all the possible things that can give him a good return or something that he can use… Continue Reading
Mahesh lives happily with his family, consisting of his elderly parents, wife, and two children. Ever since the outbreak of COVID-19, Mahesh has been planning to buy a term insurance plan. Since he is the only breadwinner in the family,… Continue Reading
Premium payment term is the regular cause of dispute among all grievances with Life Insurance. Life Insurance is a contract where the Insured agrees to pay a premium each year as per the payment term given in the Policy schedule… Continue Reading
Walk into any bank and ask for a fixed deposit, some relationship manager would take you on a side and recommend Single premium insurance policies. They would promise superior returns, life cover and tax benefits. They would commit liquidity in… Continue Reading
After receiving the policy document, it’s always recommended to read the policy document since you have entered a long-term commitment with your insurance company. While your insurance company has agreed to protect you from the risk for which you have… Continue Reading
“Insurers can’t repudiate claims by citing existing medical conditions: SC” The Supreme Court has ruled that once a policy has been granted, an insurer cannot reject a claim by using an existing medical condition that was declared by the insured… Continue Reading
Raj Kumar retired from a private job. He received Rs 60 lakh from his Provident Fund and gratuity. He wanted to begin a fixed deposit to ensure a regular income of approx Rs 3 lakh per year. In the bank,… Continue Reading