Life Insurance Articles

A few months back I attended a dinner party at an ex-colleague’s place in Gurgaon. One of the invitees to the party was a chartered accountant cum financial planner, who runs a very successful tax and financial advisory practice in the National Capital...

Last year I was speaking with a life insurance advisor. Among other things, I urged him to recommend only term life insurance plans to his clients. Term plans are straightforward protection plans and are in the best interest of the insurance buyer...

We have discussed a number of times on our blogs that term insurance is the best form of life insurance. It is a straightforward protection policy and the premium is much less than life insurance cum savings products...

The most important objective of life insurance is to get life cover for the dependents of the insured in the event of an unfortunate death. In other words, in the event of an unfortunate death, your family should receive the sum assured from the...

With growing awareness about term plans, these plans are increasingly gaining popularity in India. We have discussed a number of times on our blog that term plan is the best form of life insurance since it is a...

There are times when you think whether you should surrender your endowment or money back life insurance policies. You may want to surrender your policy for a number of reasons. You may have...

There is a perception among some people that if you are single you do not need life insurance. On the face of it, the logic seems to make sense. Since single people do not have spouse and children to provide...

Sushant has one term insurance plan of र 50 lacs sum assured. Mukul has two term plans of र 25 lacs each from two different life insurance companies. Which is more advantageous? Sushant pays an annual premium of...

What does your life insurance policy depend on? It is common knowledge that the premium depends on four factors. Age, Sum Assured, Term of the policy, Type of plan (e.g. term, endowment, money back etc)...

Life insurance is essential for our financial security. However, life insurance as a financial product, popular as it may be, is still widely misunderstood due to the general lack of financial literacy and widespread misselling...