Both, Term insurance and money back policy plans offer tax benefits under the Income Tax Act
The longer the tenure of term insurance, higher will be the policy's premium throughout the term
Some joint life insurance plans offer fixed monthly payments to the spouse in case of the death of the primary insured
Buying a suitable term insurance plan is a must formula for everyone regardless of their age, responsibilities and gender
Rising group term insurance premiums & added self-declaration requirement by insurers is forcing mutual funds to relook at free term insurance
The most important decision while buying an insurance policy is to choose between lump sum and staggered payment options
In a joint term insurance plan, not many insurers provide add-on covers along with a primary joint life insurance plan
Both, individual life insurance and group insurance plans, come with their own set of features and advantages and disadvantages
Money9 Helpline hosted Amit Chhabra, Business Head, Health, Policybazaar.com, to resolve queries related to choosing and buying a suitable insurance
Guiding your family through the basic yet most effective financial planning ideas will secure their present as well as future