Jun 10, 2022 08:27 AM IST

Three reasons why you must consider buying term insurance, even if you are single

A term life policy is as valuable for singles as for those married and with children. It will cover your liabilities, and ensure your dependents have financial protection in your absence.

Should you revive your old term insurance policy or buy a new one?

The best option is always to ensure that your policy remains active and the premiums are paid on time. If, for some reason, your policy lapses, get yourself covered again as soon as possible.

Securing a home loan liability: Home loan insurance or term policy?

The main difference is that home loan insurance covers property, while a term policy covers a person’s life

‘Are we sufficiently insured?’ The one conversation you must have with your spouse in your 40s

Many couples put off buying insurance, especially life insurance, considering the subject too morbid. But there are ways to bring this up by highlighting that it is actually a life-saver for your dependents.

Making term insurance policy claims smooth for your family in your absence

Create an email that includes all that your family needs to know to make an insurance claim

Four steps to make term insurance claim smooth for your nominee

It is important to take your nominee through the claim settlement process immediately after you purchase the term policy

HDFC Life indicates gradual rise in term insurance premiums: Here's what you must do

Term insurance premiums are on the rise. Do not delay your decision if you have been planning to buy one, but let price not be the sole driving factor

What the hike in term insurance premiums means for policyholders

Irrespective of the price hike, it is only prudent to revisit one’s financial portfolio and rejig it with a term plan

Do you need multiple term insurance policies as you age?

Increase the cover of your existing policy. Else, go ahead and buy a new term insurance plan to cover the deficit amount

2021 review: How health and term insurance buying changed completely due to COVID-19

The era of low term insurance premiums is now over. But the increase in awareness about the importance of life and health insurance augurs well for policyholders and the industry

COVID impact: Taking a term insurance policy has become costly and tedious

As insurers tighten their underwriting norms, those who are not graduates could find it tougher to get a term life insurance policy. Similar could be the case for those who draw an annual income of less than Rs 5 lakh

Term insurance premiums are set to rise from December: Here’s what you should do

Once you buy a policy, the term rates will remain the same throughout the tenure, so it makes sense to lock into lower rates now

HDFC Life, ICICI Pru Life face tough balancing act as reinsurers raise rates

The share of the term insurance (protection) business in total revenue declined at both HDFC Life and ICICI Pru Life last quarter due to multiple reasons

Why term insurance with return of premium option isn't the best risk cover for you

The premiums are twice or thrice those of a regular term plan

Add disease and disability riders to strengthen your term insurance cover

What if you end up becoming disabled at 35, but stay alive until 65? A disability rider would help in such cases.

SBI Life’s eShield Next: Should you take the term insurance cover?

eShield Next gives you the option to increase your sum assured as you grow older

Why you should buy term insurance and how to choose the right one

With a severe second wave of Covid peak in India during April and May, the number of people between the age of 25 and 35 buying term insurance was 30% higher than in the previous three months combined, according to data from Policy Bazaar. According to industry insiders, enquiries about insurance plans have sky-rocketed even after infections subsided, perhaps on strong prospects of a third wave. If you plan to buy term insurance too, watch this video as Karunya Rao gets you a detailed checklist with step-by-step guidance before you finalize your insurance provider.

Term insurance: Ensure sum assured covers loans and future expenses

It is recommended that you have a coverage of 10-15 times your annual income. But your liabilities, current and future expenses, are the main factors that you must take into account while calculating the term cover amount.

Why term insurance policies that promise to pay back premiums are avoidable?

Term insurance policies also come with an option to return your premiums. But they are costly. If you invest the premium difference in a mutual fund SIP, you can earn more.

All you need to know about Pradhan Mantri Jeevan Jyoti Bima Yojana

Term insurance premiums to rise from April: Lock into lower rates now

An increase of 10-20 percent is expected life insurance premiums. It may be cheaper to buy a cover now.

Saral Jeevan Bima: Simple term insurance covers with expensive premiums

The IRDAI-mandated standard term insurance cover’s premiums are 25-100 percent costlier than regular term policies

How you can increase your term insurance cover amount

You can buy a new term policy or choose the increasing cover option with your existing insurer.

5 myths on buying term insurance busted

If you have an existing condition, it might increase your term insurance premium amounts. But go ahead and pay the price

Coming on January 1: Saral Jeevan Bima - a simple, standardised term insurance policy

A standardised term insurance policy ensures that policy features are the same and worded similarly, irrespective of which insurance company you buy it from