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Coverfox Blog

The ultimate reader's choice for everything that's insurance.

life insurance loans
Understanding Life Insurance Loans
by Shristi Nigam on Tue, Dec 06 2022

Life insurance loans offer certain advantages to the borrower that conventional loan products from traditional institutions do not provide. If you are looking for life insurance in form of a loan, Read this article for detail understanding of life insurance loans.

life insurance tax benefits
How life insurance policies are taxed?
by Shristi Nigam on Mon, Dec 05 2022

Life insurance policies exist to help your loved ones cope financially in the event of your unexpected death. To leave a healthy amount of cash for your dependents, it is important to know about the tax benefits from life insurance policies.

finacial goals
Financial Goals- Life insurance aims to replace lost income.
by Shristi Nigam on Fri, Dec 02 2022

The financial goals of life insurance policies are to provide compensation to the plan beneficiary in case of a policy-specified unfortunate scenario during the policy term. This article will help you understand the benefits of life insurance.

Scope of Life Insurance
Nature and Scope of Life Insurance - All You Need to Know!
by Shristi Nigam on Mon, Nov 21 2022

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.

Difference between life insurance and life assurance
Difference Between Life Insurance and Life Assurance
by Shristi Nigam on Fri, Nov 04 2022

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.

Differences Between Life And General Insurance
Understand The Differences Between Life And General Insurance?
by Shristi Nigam on Mon, Aug 22 2022

Insurance can be divided into two broad categories: Life insurance and General Insurance. Both are equally important but different from each other. Read the article to learn more.

life insurance premiums
What Happens If You Stop Paying Life Insurance Premiums?
by Shristi Nigam on Wed, Aug 03 2022

Sometimes due to forgetfulness or rising expenses, the policy gets terminated when you miss paying the premiums within the grace period. If you cannot pay the premium, inform your insurance agent and find ways to continue your policy and get all the insurance benefits.

Life Insurance premiums are expected to increase
Will The 3rd Covid-19 Wave Going To Increase Life Insurance Premium Rates?
by Shristi Nigam on Fri, Jul 29 2022

Life Insurance premiums are expected to increase on arrival of the 3rd Covid-19,as many reinsurers and companies have increased their term insurance policy rates. Read article to learn more.

Can Life Insurance offer Health Plans
Can Life Insurers Offer Health Plans?
by Krishna Desai on Fri, Jul 15 2022

The Insurance Regulatory Development Authority of India (Irdai) may soon allow life insurance companies to offer health insurance policies.

Apply for life insurance with a pre existing medical condition
Applying for Life Insurance with a Pre-Existing Medical Condition
by Joan Mathews on Wed, Feb 05 2020

Want to know whether life insurance companies will provide cover to individuals with pre-existing medical conditions? Get details in this article.

Ulip
Are 4G ULIPs As Good As Mutual Funds?
by Joan Mathews on Tue, Feb 04 2020

4G ULIPs are being recognized among the best investment options in recent times. Read this article to know more about how the new age unit linked insurance plans fare against mutual funds.

Reasons you need to buy life insurance
10 Reasons You Need to Buy Life Insurance
by Jagrity Sharma on Tue, Feb 04 2020

Buying a life insurance policy early in life is one of the smartest financial decision you can make. It is important to plan and save up to secure your financial future and that of your family.

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