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Showing posts from December, 2020

Enjoy the Benefits of the Best Term Insurance Plans for the Best Price

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  Term life insurance is the most basic type of life insurance plan. It is affordable and offers wide-ranging benefits. In exchange for a fixed premium, the insured is offered robust protection for a specific term. In the middle of the tenure of the term insurance plan , if the insured passes away, the family of the policyholder will be provided with the amount of the policy. The sum insured of a term plan is considerably higher and it costs less when compared to other type of life insurance plans.   All the providers of life insurance policies today offer different types of term plans. In order to avail the best term life plan for the protection of your family, it is advisable to compare different term plans online. Online comparison of term plans will bring you the top covers for the lowest premium.   In addition to that, you will not have to pay any additional costs to any agents. You will only be paying for what you are buying. Term life offers good coverage ...

Why to Buy Life Insurance Plans Online?

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  Life insurance ensures total protection to your loved ones and family in your absence. It takes care of the economical needs of the family in case you do not make it tomorrow. Apart from that, there are also a bunch of online life insurance plans that can be purchased for the fulfilment of short term goals such as the marriage of children, educational needs, etc. Plus, there are various life insurance plans online that gives a good return after a specific term. It can be used as an investment.   People buy life insurance for the protection and security of their family. Most of us prefer to buy life insurance from our agents and go with the plan that they ask us to buy.   However, it is always advisable to buy life insurance online for the following reasons:   ●         Online purchase of life insurance plans will bring all the top plans from the top insurance companies in your fingertips.   ●   ...

How Effective Is Online Life Insurance Buying?

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  Today the entire world is online. Everything is accessible in a few clicks. And in the age of smartphones, everything is in our fingertips. From vegetables, medicines, grocery to clothes or ordering your favourite food online, we can get access to almost anything today - online. life insurance too, in this aspect, can be purchased today online without any hassle.   By visiting the official website of your life insurance provider or by simply logging into any reliable insurance broking portal, you can instantly buy the life insurance plan of your choice.   But Why Should I Buy Life Insurance Online?   ●         To answer this question, when you buy life insurance online, you will be able to see the different benefits of the policy.   ●         In addition to that, you will have access to all types of different life insurance companies and their plans. You will no longer have ...

Life Insurance Claim Process

  When we buy a life insurance policy , we consider several factors like the price, the sum assured of the plan, policy coverage, exclusions and so on. It is equally important to know how to make a life insurance claim in case the worst event happens.   In addition to that, the nominee or family members should also be conscious of the process of filing a claim. Note that there could be two scenarios for filing a claim:   Have a look at the general process and documents required for filing insurance claims under both the scenarios. How to File a Death Claim?   When a person with a life insurance policy called "life assured" – dies, a claim intimation should be sent to the insurance company as early as possible. The nominee or the assignee under the policy can do this. Any close relative of the insured or the agent who oversees the policy may also do the needful.   The claim intimation should comprise of some important information like the date, ...