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In case the nominee dies before the policyholder, depending on the terms of the plan, changing the nominee is possible. Once the nominee is changed, the previous nominations automatically get null by the current nomination.

IRDAI considers the solvency ratio at the prime. It has been made mandatory for every insurance provider to maintain a minimum solvency ratio of 1.5 with a 150% solvency margin. IRDAI closely monitors the solvency ratios of insurance companies across India.

Replacing airbags can be expensive. It's not entirely covered under insurance due to depreciation rates. You lose out 50% value on airbags made of nylon.

Now a days battery is the key feature for a bike to start in smooth manner, Get the best insurance which covers the battery will be the best option for the bike owner.

Highway Hypnosis refers to a state where you feel zoned out while driving and have no clear memory of any events that take place while traveling.

Life insurance is to protect the needs of loved ones following the policyholder's unexpected death. Read the article to understand the exact nature and scope of life insurance.

Married Women's Property (MWP)Act of 1974, the claim amount will only go to the wife and children of the insured. No creditor of any unpaid loan, or any government agency, can make a claim on the proceeds after the death of the insured individual.

Know about the Non-Linked and Non-Participating Term Insurance Plans. While buying term plan, make sure to understand types of term plans for making a well-informed decision as term plan that is non-linked and non-participating is an example of a pure life cover.

Coma, gets covered as a critical illness rider when bought along with the basic term plan but the target of any standard-term insurance plan is to offer financial protection to the insured and the family. during any unfortunate circumstances.

A life insurance plan is purchased for a fixed tenure whereas life assurance plan is a pure/whole life plan. Before purchasing any policy do not skip on reading the important policy documents and understanding all the terms and claim process.

Child Insurance Plan is an investment explicitly made for a child's future financial requirements and term insurance plan is solely a life insurance scheme purchased for a specific period. Read the article to know the comparison between them.

Choosing the best term insurance plan is a serious and important matter. If you feel you are unable to make the right choice, Read the article to know the 9 Tips to Choose the Best Term Insurance Plans.