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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.
With the best term plan, you always associate certain expectations. In this article there is a list of the top 7 typical expectations that you can have from purchasing and maintaining a term plan.
Two wheeler insurance is mandatory why? what is the reasons that third party two wheeler insurance is compulsory and comprehensive is not.
What to-do when your bike is stolen and how insurance companies will help?. A to Z steps that might help you find or minimize the penalty for lost bike.
LIC Tech Term Plan is a pure protection term plan that targets to financially protect the family.The benefits of LIC Tech Term Plan far supersede its disadvantages, making it a perfect choice to act as a protective financial shield even after you are gone.
A single premium term life insurance coverage is available to anyone. Anyone can pay the premium once and receive the advantages over time without having to worry about paying premiums on a regular basis. Read the article to know more.