SIP Insure is an attractive option to have a life cover, but it cannot be your primary insurance cover
Senior citizens get travel insurance up to the age of 85 without having to undergo any medical tests
Saral Suraksha Bima policy: The minimum sum insured under the cover will be Rs 2.5 lakh, and maximum limit is Rs 1 crore
Though life insurance is an integral part of financial planning here are a few examples of people who can consider skipping term insurance.
Life Insurance Corporation of India has a bouquet of 21 insurance products covering different segments
The most important condition for the policy is that the minimum age of the investor should be at least 30 years or more
Restoration benefit is an add-on facility to the existing plan and can be ustilised in case of a second hospitalisation within one year
While partial withdrawals can come in handy when trying to meet short-term financial goals/needs, this facility needs to be used judiciously
Most policies have the upper limit decided for hospital room rent charges on a per day basis and on some occasions the room type is also capped
Here are a few important points about critical illness and disease-specific insurance plans you should know before buying a policy.