What is covered in a Term Insurance Policy?

What is covered in a Term Insurance Policy? A term insurance policy is the simplest and inexpensive form of life insurance available to individual life. Under this policy, the insurer promises to pay a large sum assured amount to the nominee of the insured individual, in case the insured dies within the policy term. There […]

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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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