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Single Premium Policy

A life insurance policy for people who want to buy a policy for a one-time lump sum payment and then be covered for the specified term or for life, as per the insurance contract, without paying any additional premiums.

News On Single Premium Policy
Health insurance policy: What to do when premiums increase

16-04-2014| Source:Moneycontrol.com

The effects of the increasing health insurance policy premiums can be devastating for an investor mainly because he'd end up spending a big part of their monthly income in paying these premiums.

Who buys insurance policies?

16-04-2014| Source:Moneycontrol.com

insurance premiums in case he continued to live in which case, he considered premiums paid, a waste of money.

IRDA rules make insurance buying more transparent

02-04-2014| Source:Moneycontrol.com

poor surrender value if in case someone decides to discontinue the policy before it matures. Initially, the surrender value on policies has been 30 per cent minus the first year premium and is applicable

Analysis: Different insurance & tax benefits for premiums

28-03-2014| Source:Moneycontrol.com

The amount that is paid as life insurance premium is eligible for a deduction under Section 80C of the Income Tax act. This is a benefit that allows for a deduction from the taxable income

Why paying annual premiums a good idea

28-03-2014| Source:Moneycontrol.com

As a newbie in the organized job sector, Sujatha currently earns just enough to afford the basics. For the Rs. 5 lakh whole life policy that she is considering, her annual premium comes up to Rs. 10

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