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Mar 12, 2025

Money Back Life Insurance Policy : What is a Money-Back Plan in Life Insurance?

Life Insurance

What Happens If You Provide False Information On A Life Insurance Proposal Form?

What consequences does it bring upon the insured if the person offers wrong information on his/her life insurance proposal form? Let us find out in this post!

Life Insurance

Top 8 Life Insurance Myths in India and Facts

There are plenty of life insurance myths that people have regarding and they need to be dispelled. It is thanks to these wrong ideas that people fail to see insurance as what it truly is – a vital part of your financial planning. You need to understand that these policies are an important constituent of your financial contingency plan – one that would protect your near and dear ones financially in the future. It would make sure that they do not experience a shortage of funds when they need them in the future. In certain cases, it can also act as a source of income following retirement as well as ailments and accidents that render you unable to work and earn.

Life Insurance

Tata AIA Life Insurance Claim Settlement Ratio

When Rajesh wanted to purchase a new life insurance policy for his family, many of his friends advised him to understand the claim settlement ratio of a company. Although he didn’t understand what claim settlement ratio is, he knew that it was relevant in making the decision to buy a policy from a particular company. He therefore researched about it, compared plans and at last, he bought a policy from a company that had a high claim settlement ratio. Buying a new online term insurance plan involves researching on various things like cover, exclusions, add-ons, and one should know about them in detail. For example, Tata AIA is a leading insurance company that offers a wide range of insurance plans in market at very competitive prices. However, being competitive in pricing alone is not enough, it is necessary to understand the company’s claim settlement ratio (CSR) before purchasing a plan.

Life Insurance