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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 asa source of income following retirement as well as ailments and accidents that render you unable to work and earn.

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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!

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

Money back life insurance is a dual benefit product that allow both the advantages of investment as well as protection to the life insured. Let us know more about it in this post. There are many factors to consider before you start investing in a life insurance policy if you are a logical investor. One such factor is the regular payouts that many investors seek from their investment. And since a term life insurance plan do not offer regular payouts and maturity, many people prefer to go for money back life insurance plans.

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