LIC launches benefit based health insurance plan Arogya Rakshak, know how it will work
It differs from the conventional health insurance plan in terms of method of payment. While the latter re-imburses the actual cost incurred on treatment, Arogya Rakshak provides fixed benefit health insurance cover.
How the coronavirus pandemic will determine your health and life insurance choices
A well-insured household is always better equipped to deal with economic uncertainties. Protection products are becoming the foundation of financial planning especially considering the impact of a deadly pandemic.
Endowment policies: All you need to know about coverage, premium, suitability
Typically, endowment plans have a policy term of over 10 years and the rate of returns generated over such a long term, including various bonuses.
Dos and don’ts when buying life insurance cover
The insured should make sure that all the terms, sum assured, premium period, amount etc. match with the terms explained by the agent at the time of purchasing the policy. Any query should be highlighted immediately.
