Frequently Asked Questions (FAQs)
- Life Insurance
- Insurance Parlance
- Product
- Policy Serving
- GST Waiver
- Tax Benefit
What is Life Insurance?
How is life insurance different from general and health insurance?
Is Life Insurance an indemnity based cover?
Why do I need Life Insurance cover?
How much of Life Cover do I need?
Should you invest in Life Insurance Policy?
What are the types of Life Insurance Products?
Which type of Life Insurance cover suits me/ do I need?
What is a Money back insurance policy?
What is a bonus and how a bonus is calculated?
What are the type of bonuses and when are they paid?
Life insurance is a legally binding contract between the policyholder and an insurance company.
In exchange for the premiums paid by the policy holder, during the agreed Premium Payment Term (PPT) and payment frequency, a life insurance policy ensures financial support to the policy holder and the policy holder’s nominees in case of eventualities.
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