Insurance for Millennials: A Smart Way to Build Wealth

Are you an Indian millennial? If so, you're part of a generation that has faced unique financial challenges. Economic downturns like the 2008 financial crisis and the recent COVID-19 pandemic have made building wealth a fairly challenging task. Add student loans, rising living costs, high housing expenses, and stagnant wages to the mix, and it's no wonder that many of us feel financially stressed. But there's good news: life insurance can be a smart way to secure your financial fu......

Comparing Online Insurance Providers: How to Choose the Right One

In the fast-paced digital age, most industries are evolving as they embrace technology and undergo a digital transformation. Insurance is among these industries, and users are banking on unlimited convenience, thanks to the ever-increasing digital capabilities of the space. Prospective insurance buyers now have a multitude of options to choose from, right from the comfort of their homes. However, because of the overwhelming number of options, choosing the right insurance provider ......

The Role of Technology in the Evolution of Online Insurance

In recent years, the insurance industry has witnessed a significant transformation, largely driven by advancements in technology. Online insurance, also known as insurtech, has emerged as a disruptive force, reshaping the way insurance products are sold, underwritten, and serviced. This article explores the pivotal role technology plays in the evolution of online insurance, highlighting key trends and their implications for the industry and consumers alike.

The Digital Tran......

Understanding Riders and Their Benefits for your Term Insurance

Term insurance, as we all know, is a type of life insurance policy that offers financial protection to your family members in the event of your unfortunate death during a specified period. It offers a high amount of coverage for a specific period of time, such as during their working years or when you have significant financial responsibilities. 

You can also add an extra layer of financial protection to these term insurance plans. Riders enable you to take your term in......

How to Determine the Ideal Coverage Amount for Term Insurance

The unpredictability of life, especially in the face of events like natural disasters or epidemics, underscores the importance of life insurance. However, selecting the right life insurance policy with appropriate coverage can be challenging. Many individuals often wonder, how much term insurance should I buy to ensure adequate protection. As a general rule of thumb, those below 55 are advised to opt for coverage 10–12 times their gross annual income. However, there is more to thi......