Insurance

Finally, LIC has started offering an online term insurance plan (LIC’s e-Term Plan UIN: 512N88V01) In this post, we will discuss the various features of this plan as well as merits & demerits, cost of LIC e-term plan etc. LIC's e-Term is a regular premium non-participating "on-line term assurance policy" which provides financial protection to the insured's family in case of his/her unfortunate demise. This plan will be available through ONLINE application process only and no intermediaries will be involved. A. Key features of this plan are : Available only through Online mode (www.licindia.in) Pure Term plan ( No Survival Benefit) Differential premium rates for Smoker/Non-Smoker lives Proposal on own life ONLY will be considered There are no accidental benefit rider or o...

Objective of this article To briefly explain the Life Insurance in India and Insurance companies available To briefly explain the type of insurance policies available and their key features Should you take a Life Insurance Policy? Have you secured your family in case something happens to you? If not, you should consider taking a Life Insurance Policy. What is Life Insurance? Life insurance is a policy which helps beneficiaries financially after the policyholder dies. It is a contract between the policy holder (you) and the life insurance company, which assures the paying out of a certain amount in the event of the policy holder's death / terminal / critical illness. The premium of life insurance is dependent on your age, type of coverage, amount of coverage you need. Life Insurance ...

LIC e-Term Plan – Details & Review (Online Life Insurance Term Plan)

Type of Life Insurance Policies – You must know