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  • Three reasons why you must consider buying term insurance, even if you are single 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? Jun 01, 2022 08:55 AM IST

    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? Apr 27, 2022 07:27 AM IST

    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 Mar 24, 2022 09:11 AM IST

    ‘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 Mar 02, 2022 09:32 AM IST

    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 Feb 18, 2022 09:42 AM IST

    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 Jan 24, 2022 11:08 AM IST

    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 Jan 07, 2022 10:01 AM IST

    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? Dec 28, 2021 10:08 AM IST

    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 Dec 23, 2021 09:56 AM IST

    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 Dec 14, 2021 10:47 AM IST

    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 Nov 29, 2021 09:33 AM IST

    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 Oct 26, 2021 10:38 AM IST

    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 Oct 20, 2021 10:22 AM IST

    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 Sep 30, 2021 10:36 AM IST

    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? Sep 23, 2021 10:15 AM IST

    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 Jun 22, 2021 03:45 PM IST

    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 Jun 11, 2021 10:13 AM IST

    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? May 31, 2021 10:44 AM IST

    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 May 26, 2021 04:23 PM IST

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

  • Term insurance premiums to rise from April: Lock into lower rates now Mar 15, 2021 10:31 AM IST

    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 Mar 15, 2021 10:04 AM IST

    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 Feb 25, 2021 10:39 AM IST

    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 Jan 07, 2021 09:28 AM IST

    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 Dec 28, 2020 07:59 AM IST

    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

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