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What Is The Maximum Age Limit In Term Life Insurance Policy?
In most cases, life insurance policies have a certain requirement when it comes to the minimum age at which you can enter such a policy and the maximum age till which you can hold the same. This is also referred to as the life insurance age limit. There are plenty of myths in life and as such insurance cannot be an exception to the same. There are several assumptions that people have in these cases. A lot of people think that you should buy these policies for a period of 50 or 60 years. Then you have people who think that you need term insurance only after you have retired. There are plenty of term policies that have a maximum term insurance age limit of 70 to 75 years.
How to Calculate Return on LIC Policies?
If you are looking at LIC policies that offer benefits to the policyholder if they outlive the plan, you must search for ULIPs and Endowment plans offered by LIC that come with maturity benefits. Not all LIC policies are available with guaranteed returns. To calculate the returns on such plans you can use LIC life insurance plan calculators. Read on to know more.
What is the process of Changing Nominee Name in LIC Online?
A nominee is the person who receives the benefit of a policy in case of the unfortunate death of the policyholder. In this post, you will read the process of how to change the nominee in a LIC policy online.
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