Author Bio
Paybima Team
Paybima is an Indian insurance aggregator on a mission to make insurance simple for people. Paybima is the Digital arm of the already established and trusted Mahindra Insurance Brokers Ltd., a reputed name in the insurance broking industry with 17 years of experience. Paybima promises you the easy-to-access online platform to buy insurance policies, and also extend their unrelented assistance with all your policy related queries and services.
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India is a country where you can find many people who are the sole breadwinners of their families. Ever imagined what may happen if that person passes away leaving behind his/her family? Well, in one such situation, the family goes through a difficult financial patch. To avoid such a situation, whether you are the only breadwinner or not, you must buy a term insurance policy. It can be of great help to your family when you are not around anymore.
The online term insurance plans available in India are loaded with features and benefits. As a result, many people prefer to buy their term insurance plan online. If you are in the process of buying a term plan, do consider getting the cover online.
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Buying a life insurance policy is one of the most traditional ways of investing money. There are NRIs who also want to invest in life insurance but are not sure how can they do it. Well, life insurance for NRIs in India is very much possible and easily available. It is a smart move for them especially due to the tax deductions that they are entitled to if they are filing income tax in India. However, certain factors need to be considered by the NRIs before they purchase a life insurance policy in India. Let us check them out today.
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