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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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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Guarantee of regular income for lifetime We are talking about a life-long guaranteed tax-free income. Think of a time 15 years, 20 years, 25 years, or 30 years from now when you will retire and stop earning an active income but still on the 1st of every month a guaranteed sum of money gets deposited
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LIC’s Jeevan Shiromani Premium plan for HNIs. A policy for high net-worth individuals that combines protection, savings, attractive returns, and medical cover. Benefits of LIC’s Jeevan Shiromani Premium plan for HNIs 1. Survival Benefit: On the life assured surviving to each of the specified durations during the policy term, provided all due premiums have been
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AD&DB rider is a rider, which means it is an extra benefit that is optional and can be opted in an insurance policy by paying a very affordable additional premium. As the name suggests, it covers 2 conditions: What are the benefits offered by AD&DB rider? Let’s understand the benefits to be received in each
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