Insurance Knowledge Library

Budget 2020 Expectations & Reactions For Insurance Industry

Pre-budget expectations: Subtle demands of robust fin-tech companies in the insurance sector from the Union Budget 2020-21 To bring a substantial impact on bridging the protection gap, a lot is expected from the Government to incentivize the insurer and insured. There should be some measures taken to encourage first-time buyers to go for insurance; women Read more about Budget 2020 Expectations & Reactions For Insurance Industry[…]

LIC Jeevan Amar

LIC Jeevan Amar – Features, Benefits, Eligibility, and Reviews – 2020

LIC Jeevan Amar is a newly launched non-participating and non-linked pure term insurance plan. As you know pure term plans do not come with any maturity benefit, that’s why this pure term insurance plan doesn’t give you any maturity benefit. LIC is the oldest player in the insurance sector and, active since 1956. Being the only player till Read more about LIC Jeevan Amar – Features, Benefits, Eligibility, and Reviews – 2020[…]

Sum Assured

How to Calculate the Sum Assured Required in Life Insurance?

Calculate Sum Assured & Premium Looking for Term Life Insurance? Calculate Premium for Sum Assured of Rs. 1 Crore Life insurance is an important instrument that ensures financial assistance to the dependents of an Insured person in the event of his/her untimely demise. It is purchased so that another source of income is already there Read more about How to Calculate the Sum Assured Required in Life Insurance?[…]

LIC Jeevan Shanti, Features, Benefits, Reviews – 2020

LIC Jeevan Shanti is a one-time premium payment annuity plan, by LIC India. This plan is very helpful to get fixed payouts at regular intervals for the whole life. Particulars Details Company LIC of India Plan Name LIC Jeevan Shanti Plan Type Annuity (Pension Plan) Plan Details Table No.850 UIN Number 512N328V01 Active Since 12th September Read more about LIC Jeevan Shanti, Features, Benefits, Reviews – 2020[…]

LIC Jeevan Arogya – Benefits, Reviews, Features – 2020

LIC Jeevan Arogya is a health insurance policy offered by LIC India. It is a non-participating, non-linked health plan which provides health cover for medical emergencies. While life insurance gained its huge popularity, health insurance has also become a household name. Life insurance gives financial protection to your family member after you leave them, but Read more about LIC Jeevan Arogya – Benefits, Reviews, Features – 2020[…]

What Happens When I Don’t Pay Life Insurance Premium?

Who doesn’t want to live a financially secured worry-free life? Unwanted occurrences do affect our lives, but life can still go on. This is possible with life insurance. As you grow up, responsibilities multiply. As a social being, you start pursuing a career, get married, have children and take care of your family including dependent Read more about What Happens When I Don’t Pay Life Insurance Premium?[…]

Medical Test For Term Insurance Plans

Medical Tests That You Have to Undergo While Buying a Term Plan!

A term insurance packs in lots of goodies into a compact package. It is one of the cheapest life insurance policies that your money can buy. It provides you with a life cover that is impressive, to say the least for the premiums that you pay. There are various types of term insurance that you Read more about Medical Tests That You Have to Undergo While Buying a Term Plan![…]

Quickbima and Easypolicy come together to complement their strengths to be more customer centric and penetrate deeper in the market.

New Delhi, February 12, 2020: Easypolicy and Quickbima, two leading insurance web aggregators formally announced the merger of the two companies, today. Under the terms of the agreement, the combined company will operate under the name of Easypolicy. Divyanshu Tripathi, Co-Founder & CEO continues to hold his position as Co-founder & CEO of the combined Read more about Quickbima and Easypolicy come together to complement their strengths to be more customer centric and penetrate deeper in the market.[…]