What exactly is Term Insurance? Term insurance is a type of life insurance that provides financial protection for a specified period. If the policyholder passes away during the policy term, the nominee receives the sum assured. Unlike other life insurance policies, term plans are affordable as they do not offer maturity benefits. This makes them […]
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Difference Between Individual and Family Floater Health Insurance Plans When purchasing health insurance, one of the primary decisions to make is whether to opt for an individual (or multi-individual) health insurance plan or a family floater plan. Both options offer benefits but are suited for different needs and circumstances. Below is a brief comparison to
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How to select a health insurance policy? Health insurance policies are essential for safeguarding your financials during medical emergencies. An ideal health insurance policy covers the basic costs of hospital stays and treatments and also include benefits like pre- and post-hospitalization expenses, day-care treatments, and even domiciliary care. Choosing the right plan involves understanding various
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LIC’s Index Plus Plan no. 873 is a Unit Linked Insurance plan (ULIP). It is a Regular Premium, Individual Life Insurance plan which offers life insurance with investment, allowing policyholders to invest in equity market through major indices Nifty 50 & Nifty 100 during the term of the policy. Why should you buy LIC’s Index
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LIC’s New Jeevan Shanti Plan no. 858 is a deferred annuity plan for guaranteed income for life by paying a single premium. It is an annuity plan (Pension Plan) which has option of purchasing deferred annuity (Pension) and can be purchased by paying a lump sum amount (single premium). The plan provides for annuity payments
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