Page 5 - Life Insurance Policy

With 30 days more to pay premium, make sure you don't let your policy lapse

Usually, general insurers give 30 days for health and 90 days for auto insurance policyholders to pay renewal premiums, even after the due date has passed

Utilise extended deadline to make the right tax-saving investment choices

Avoid errors like investing beyond the permissible limit

How LIC should be valued

The Life Insurance Corporation differs from its listed peers in a number of ways, and these should be factored into its valuation prior to its proposed initial public offering

Can one challenge the rejection of insurance claim? Expert answers

The first reason could be non-disclosure during the purchase of insurance. Information and disclosures mentioned in the proposal form are critical and material for the issuance of an insurance policy.

Money-saving tips: Here are five ways to lower life insurance premium

It is necessary to have a policy. But it need not be a burden on your budget

Life insurance policy: Can individuals buy policies other than their own?

One's decision to opt for a new policy should not be based on the premium to be paid alone.

Life insurance policy: Should you revive old plan or buy new one?

Term plan premium rates have fallen, but poor health can be an obstacle

Explained: Why life insurance is a must for stay-at-home housewives, too

The spouse's economic value can be arrived at by estimating the cost of outsourcing such services

Purchase term plan from insurer which has a high claim settlement ratio

Since it is advisable to keep insurance and investment separate, a term plan should be your first choice among insurance products

Irdai's regulatory changes likely to make insurance products more appealing

Now policies will acquire a surrender value after two premiums have been paid

Policyholders still want to buy insurance physically, reveals study

This is because life insurance has traditionally been a sector with high human engagement and intervention

New-age digital push help private life insurers gain market share

Among private insurers, the largest share is held by HDFC Life, which account for 9.24 per cent of market share, followed by SBI Life a 6.49 per cent

Group life insurance with home loan: Things you should always keep in mind

To lure a loan borrower to also buy an insurance product at one go, the lender may offer a slight discount on the interest rate. Should that lure you to purchase the bundled arrangement?

With 75% grossly underinsured, why aren't Indians sufficiently covered?

Insurance cover offered by endowment insurance products tends to be much lower than that offered by pure protection products

Reader's corner: Factors to consider before getting a life insurance policy

The premium charged under family floater policy is comparatively lesser as compared to individual policy

Readers' corner: How do you decide on the right life insurance policy?

Identify your financial goals and the lifestyle needs you would like to achieve at different stages of your life and then opt for a suitable plan

Life insurance products with high upfront commission not the best choice

With high upfront commission and low renewal commission, distributors often influence customers into buying new products every year instead of continuing with their existing policies, one expert said.

Don't invest only for free insurance, opt for a fund based on performance

Consider life cover an additional incentive

Communicate to the right person

Merely because an article is delivered to the correct address does not mean it's delivered to the intended recipient

Readers' Corner: Life Insurance

A policyholder has the right to nominate any individual as his or her nominee