Know about Group Term Life Insurance

Group term life insurance policy is a master policy taken by any organization for its employees. A life of an individual is a journey full of uncertainties. Nobody wants to face difficulties and mishaps, but sudden accidents or events affecting the life badly are in nobody’s control. Also, an individual that works and earns doesn’t […]

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Most term insurance policies do not offer surrender value

Published in Mint on 26 May 2015, Written by Abhishek Bondia How should one decide the tenor of a life insurance policy? —Deepti Kumar The tenor of a life insurance policy should be based on the underlying goal. For instance, in case of a term insurance plan, the goal is to replace income flow. So, […]

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One may buy term insurance along with a home loan

Published in Mint on 23 June 2015, Written by Abhishek Bondia What is a free look period? Why is it important? —Bhargav In a free look period, a policy can be canceled without penalties. Typical premature withdrawal or surrender charges associated with life insurance are not applied during the free look period. When a policy […]

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How Does Group Term Life Insurance Work?

Employees are the most valuable assets of an organization. As an employer, one may feel responsible for their well-being and the security of their respective families. In case an employee dies a natural or accidental death, it affects not only his family but is unpleasant for the organization and his colleagues as well. The best […]

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Why should one take riders with term life insurance

Riders are add-on covers insurers provide to enhance the scope of a life policy. Riders cover risks that are beyond the scope of the main life policy, resulting in a more comprehensive protection. The most common riders cover critical illness (or dreaded diseases) or personal accident (or accidental death and dismemberment). These add-ons step in […]

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