Lack of awareness is still the biggest stumbling block in insurance adoption in India, and around 47.6 per cent of Indians remain unaware of term insurance and its benefits, a new report has shown. Term insurance has grown by 18 per cent in FY24 across the industry as compared to a CAGR of just 2 … Read more
You need to choose the right term insurance policy to provide for your family. Still, it is important to ensure that you don’t make avoidable errors such as: inadequate coverage, hazy policy terms, higher premiums, vague add ons etc. Also Read | How to Choose the Best Term Insurance Plan This should be kept in … Read more
Despite taking both life and health insurance policies, policyholders are suggested to opt for a critical illness rider. This is because it helps policyholders manage their finances well in case of an eventuality. Those who are not aware, a critical illness rider is attached to the life insurance policy and provides financial protection against life-threatening critical illnesses. This … Read more