Mortgage unemployment insurance plans are sometimes recognized as occupation loss mortgage cover plans. Those of us who have been fortunate enough to acquire homes have been offered credit indemnity better known as credit life. This cover plan or indemnity protects the buyer in the event of loss of life. In which case, the mortgage is paid off. Job loss insurance protects us in the event of loss of employment. There are some individuals who...more
These days, many insurance marketing methods have developed, leading to the ability of consumers to purchase direct. Often, direct marketers will let you save a significant amount, more than any other method, such as with an insurance agent or brokers. The huge drawback is that you are stuck with trying to understand the entire process. We'll touch on who should stay away and the few who will benefit greatly.Direct writers of insurance are aimed...more
At times you must wonder how to manage financial urgency. Life is an unpredictable account of incidents. Here, you get no clue of any disaster beforehand. It slams you against adverse situations. You start to float through the basins of unknown circumstances. You need to plan your finance in order to have safe dealing with it. Life insurances are the reliefs that work wonder on these occasions.You know, there are many types of insurance policies to ensure your life. Apart from death benefits you derive many other facilities once you start to pay your monthly premium. But, before you invest you hard earn money, lots of questions arise naturally in your mind. Here, you get an attempt to quench your queries regarding insurance and the substantial benefits you get out of it.How many kinds of life insurance policies are there?Simply speaking, there are two kinds of insurances. One, permanent and the other is temporary. This classification is based on the nature and the tenure of investment. Otherwise, a broad categorization is undoubtedly there. 1. Term Life insurance, 2. Endowment Life insurance, 3. Universal Life insurance and the last one is the Whole Life Insurance. Differences...more
Insurance policies are crucial for many things. Whether it's health insurance, home insurance, legal insurance, or any other type. It's a protection you have against something. If you get sick, and you need to pay thousands of dollars to get better, you may not have that money on hand right at that moment, and it's quite important that you can...more
Any good financial advisor will tell you to buy a term life insurance policy the day you start earning. Now when you go to buy one, the sales person will try to sell you all the riders allowed along with the basic policy. Lets first understand what are RIDERS? Riders are additional benefits you can attach to almost any policy you are buying at a...more
It requires a great deal of courage and maturity to accept an inevitability of life -DEATH. When we accept that we can die anytime and there is no guarantee to life, the first question we will have to deal with as a parent / spouse is that, what will happen to my family? Will they have money to sustain a comfortable lifestyle, complete their education, and fulfill their dreams? Here comes a simple solution INSURANCE. A tiny amount of our income will ensure that our families are secure incase the unforeseen happens. Here I would suggest to all to go for a Term Insurance Plan. Term plan is the basic white bread of insurance. If money is an issue then there is no requirement to add butter/ multigrain / oat etc. All the other adds on will increase the premium. Buy what you can easily afford, to secure your familys future.Questions that will come in mind are1. What if I dont die? My money is wasted..Lets take an example of a mandatory insurance - Car Insurance. If we dont have an accident the amount gets wasted. However, we still take it because in case we dont have it we get penalized by the traffic cop. So to avoid a fine, you pay a premium of approx Rs 15,000 for a cover of Rs 7...more
The main purpose of this insurance is for people to protect themselves from a loss of work. When a person is out of work, he or she is generally limited to the income being earned. Although there are government programs, and other ways to earn money,...more
Whatever the vehicle you drive around, getting the right auto insurance policy is important for you. In case you meet with an accident due to your fault, your insurance will be there to help you. It will help you get your vehicle repaired free of...more
The life insurance market is overflowing with variety products like pure life insurance, health insurance, children insurance plan, pension plan etc. giving you a wide spectrum to choose from. Life insurance is an amazing tax-saving tool and an...more
From the day a child enters a mothers womb, we start protecting the child. We ensure that we gave our best to the child. We give the best nutrition; find the best school, make big plans for the future. But most of us forget that in todays fast pace,...more
In last few years ULIP is more popular among individuals rather than a term plan or an endowment plan. The people who have chosen term or endowment plan are switching to Ulips. Therefore it is very important to understand how ULIPs workULIP is an...more
From young adults to senior citizens, yoga instructors have students of all ages in their classrooms. No matter whether you focus on one specific age group or teach classes to wide range of students, yoga insurance is most likely a good idea for...more