What Are Some Life Insurance Key Terms One Should Know?

When you're on the lookout for life insurance, you’re bound to come across some unfamiliar terms. Insurance jargon can indeed be quite complex and difficult to comprehend no matter how you look at it. Understanding key insurance terms is extremely crucial when you're trying to narrow down on the best choice else you might end up buying whatever the agent recommends.Whether you’re starting your search for a policy or you just got approved for one, here are some basic terms that you......

Life Insurance 101: All You Need to Know About it Works

Overview

A life insurance policy is usually taken out when you feel the need to protect your life or the lives of your near and dear ones in case something untoward were to happen in the ordinary course of life. You might think that you’re hale & hearty and nothing will ever happen to you but the fact of the matter is that life is filled with various uncertainties and eventualities. An accident or an illness never comes preannounced and your family m......

Why is Early Financial Planning Important?

The Need to Invest Early

Every single one of us dreams of the day where we can retire in peace and take it easy for the rest of our lives. However, most of us make the brazen mistake of erroneously thinking that financial planning is something to start later on in life when nearing retirement. However, the truth of the matter is that the earlier you begin chalking out a sound financial strategy for your future, the better off you will be in meeting you......

Extracurricular activities are important for your child!

 

School plays an important role in a child's life as it is essentially a preparatory stage before entering public life. Moreover, it helps in broadening a child’s outlook while instilling values such as perseverance, sincerity, truthfulness, tolerance, discipline, and obedience as well. However, today, there’s been a major paradigm shift in how children and parents alike perceive school life. The emphasis on giving it all and scoring good grades has completely over......

What are Unit Linked Insurance Plans (ULIPs)?

What are ULIPs?

ULIP is a unique investment vehicle that seamlessly combines the benefits of an insurance policy with a market-linked investment. They are essentially a wealth-creating tool that can help you fulfill your financial goals keeping in mind a medium to long-term horizon. The premium paid for a ULIP is divided into two components; one part goes towards life coverage while the ......