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If you are financially independent and want to plan your finances ahead, you must buy a Life Insurance Policy. It will give you coverage and in case of your death, the nominee will get the death benefit. Nevertheless, before you purchase an insurance policy, you must go through some insurance questions. Here are some of the life insurance FAQs.
Life Insurance
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.
Life Insurance
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Cancer as a disease brings devastation not only to the patient but to the loved ones too. And it is not just the genes that make one susceptible to it; there are other contributing risk factors, making it completely unpredictable. Over the years, research confirms that even the healthiest of individuals are falling prey to this lethal disease. Hence, the need for cancer insurance plans is evident to mitigate the financial burden of treatment and get comprehensive care to give this disease a tough fight.
Health Insurance
Dec 02, 2024
Health Insurance
Dec 02, 2024
Health Insurance
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If you have any questions on how to choose the best insurance plan, you can connect with our IRDAI certified insurance advisors.
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