In its bid to increase the penetration of insurance in India, the Insurance Regulatory and Development Authority of India (IRDAI) has approved a total of 33 proposals for coming of age and innovative financial products under regulatory sandbox. Regulatory Sandbox initiative is meant to help Fintech companies to innovate products and test them commercially without …
Based Plans Needed for Vehicle Floater & Group Health Plans Read More »
Have you been still pondering on whether to buy term insurance and which one to buy? Our advice is; do not waste time as this is the perfect time to buy a term insurance policy. The experts in the actuary and insurance industries are suggesting that the premium rates of term insurance policies are likely to increase …
Term Insurance Policy Premium Rates Likely to Increase Read More »
We usually believe that purchasing a term protection plan guarantees the financial safety and security of our family, especially spouse and children, in case of an emergent situation. Actually, purchasing a life cover alone will not guarantee that your friends and family get the protection sum after your demise. The sum assured is not guaranteed …
Do You Know You Can Add Your Wife to Your Term Plan Read More »
Facts About Term Insurance The term insurance plan is a pure life insurance plan which gives you an option of buying life insurance in the most economical way. It is also known as a pure life insurance plan because it provides cover against death only, without any investment and saving component. There are multiple benefits …
Why should I opt for a term life insurance when I will get nothing after the expiry of its coverage period. This is an excellent question. First you understand the concept of life insurance, life insurance have two parts i.e. mortality and investment. Mortality charges are not reimbursable while the investment part is reimbursed along …
What is Term Insurance? Term insurance stands for an agreement between the insurer and the insured under which the insurer pays a death benefit to the beneficiary either in parts or lump sum. It refers to the sum assured to the family in case of any unfortunate demise (natural or accidental) of the policyholder at …
We usually believe that purchasing a term protection plan guarantees the financial safety and security of our family, especially spouse and children, in case of an emergent situation. Actually, purchasing a life cover alone will not guarantee that your friends and family get the protection sum after your demise. The sum assured is not guaranteed …
In today’s world, we as an individual, family and property are exposed to various kinds of risks which may include disability or destruction. In such a scenario, it is important for us to be prepared for these losses coming our way. With the increase of risks coming our way there is a room created for …
Cover 360 lets you live a long life with protection Read More »
