When you buy a life insurance policy, the most important aspect is choosing the sum assured. Sum assured is the amount that your beneficiary will get if you die during the policy term. Therefore, ...

The sum assured is the amount of money an insurance policy guarantees to pay up before any bonuses are added. In other words, sum assured is the guaranteed amount the policyholder will receive. This ...

The Insurance Regulatory and Development Authority, Irda, announced new product regulations for life insurance policies in April this year. According to the regulations, the minimum sum assured or the ...

For a policy term between 10 years to 25 years, the policyholder can get a guaranteed return of 10 per cent to 25 per cent of the fixed annualised premium. The minimum policy term is 10 years while ...

Health insurance has become a must for every one these days. But it comes at a premium. It is gaining traction, more so since Covid outbreak, as individuals are looking for avenues through which they ...

If you have liabilities such as a home loan, car loan, personal loan, or you have financial dependents and you wish to financially provide for them in your absence, you are one of the people that ...

When IRDAI defines success as premium collected, and the industry maximises commissions by selling products that collect ...

Life insurance is vital for securing your family's financial future in case something unfortunate happens to you. Choosing the right sum assured is, therefore, critical to providing adequate ...

As per the information provided by LIC, Jeevan Shiromani is a limited premium payment money back life insurance plan with minimum basic sum assured of Rs 1 crore especially designed for targeted ...