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A NOMINEE is the person who has been proposed by the policyholder for receiving the claim amount of the life insurance policy, upon his/her death. It is important that the nominee has an insurable interest in the life of the insured.
Read MoreThe concept of life insurance is not a new one. However, the purposes it fulfills go a lot beyond providing financial security upon the death of the breadwinner of the family. In addition to securing a person’s future, life insurance also offers various other benefits too.
Read MoreToday you have a wide variety of life insurance products to choose from. In such a case, it is important that you select a product that suits your requirements most appropriately. However, the question is how to identify what suits your requirement best. Here are a few essential questions that you must ask yourself to … Continue reading Questions to Ask Before Purchasing a Life Insurance Policy
Read MoreProviding for your family’s needs and wants most definitely means parting with a portion of your income. It becomes worse when the price of products is increasing and you may need to take a loan to procure the same.
Read MoreIn the most common understanding of the word, 'bonus' is a reward or any extra amount that one may receive over and above the base amount. A similar concept is also applicable to your life insurance policy. In this context, a bonus is an additional sum which gets accrued to the policy on a yearly basis.
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