Why Should You Buy Life Insurance?

Life is very unpredictable and you cannot be sure of the future. In spite of taking all the necessary precautions, life sometimes throws you out of your rhythm with deadly surprises. At times things happen out of the blue and you get taken aback. Life insurance is one way to ensure that your loved ones are protected from such nasty…

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Importance of Liability Insurance

Liability insurance covers a person or company from meeting third-party claims. As a result, any business and people who transact on areas prone to accidents should buy this Policy or else, remain at the Risk of meeting claims whenever an Accident happens within their places of work. Meeting such accident claims often results in financial losses and lost income which…

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Importance of Assignment of Life Insurance Policy

If you are looking for ways to take a loan, here is a solution at hand through Assignment of the life insurance policy. A life insurance Policy is a protection plan with Death Benefit and/ or Maturity benefit which is entitled to the beneficiary. How about keeping it as a pledge to another person or an institution so that you…

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Why Do I Need a Term Insurance?

Term insurance is basic life insurance that provides death coverage at fixed rate of payments for a fixed duration or term (ranging from 5-30 years) in return of a specific premium. If the Insured dies within the term the nominee mentioned in the policy, receive the Death Benefit of the policy. No cash value is built and if the insured…

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Smoking and Term Insurance

Smoking and Term Insurance

Term Insurance is a life cover offered by companies for fixed tenures. This is a very cheap category of life insurance and offers you only death benefits. The investor pays an amount of Premium to the insurance company which is calculated on the Policy value you have chosen. We have various types of Term insurance policies offered by multiple companies….

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