Tag: term plan

  • Insurance Requirements for Different Life Stages – Part 1

    Risk and uncertainty are part of everyone’s life and the purpose of insurance is to shift this major financial loss caused due to these uncertainties from individual to insurance companies.

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  • How to Choose the Best Term Insurance Plan

    Let’s understand the basics of term insurance for the less finance-savvy readers – a term plan is the most basic kind of life insurance wherein if the policyholder dies during the policy period then his family member (nominated person) gets a certain amount (sum assured).

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  • Questions to Ask Before Purchasing a Life Insurance Policy

    Today 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

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  • Tax Planning Series II – Tax Planning and Life Insurance

    In our first article in this series (Tax Planning Series I – Deductions under Income Tax Act) we spoke about the various tax rebates you can avail under different sections of the Income Tax Act.

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  • Term Insurance – An Exclusive Guide

    Insurance as the name suggests provide assurance of payment of fixed sum of money in the event of unexpected loss against payment of some predictable sum of money called as premium.

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