Aegon Life has launched a new variant of iTerm plan, where the policyholder gets a monthly income after the age of 60 years till his/her demise. This is in addition to the lumpsum pay-out at the age of 60. In a way, it is a term plan with a pension feature. For those who simply can’t let their insurance premiums go waste, it looks like a good option. However, as always, let’s … [Read more...] about Aegon Life iTerm: Dual Protect: A Term plan with Monthly Pension
term life insurance plan
Your life insurance needs are not static. Your life cover requirement keeps changing during your life. Your life cover need increases when you assume additional responsibility (marriage or birth of a child). On the other hand, it decreases as you achieve your financial goals or your savings for the goals grow. For example, your outstanding home loan will keep going down … [Read more...] about A Life Insurance Ladder can Save you Money
LIC has launched a new online term plan, LIC Tech Term Plan (Plan 854). It is a purely online plan and you cannot buy it from an agent. Due to this reason, this is cheaper than other term life insurance plans offered by LIC. If you have been planning to buy a term plan (or you need to purchase a term insurance plan), then you can add this plan from LIC as part of your … [Read more...] about LIC Tech Term (Plan 854): A New online term plan from LIC
Term life insurance is the best way to purchase life insurance. However, many stay away from term life insurance plans because they (or their family) do not get anything if they survive the policy term. What if there was a term plan where you will never be able to survive the policy term? Don’t worry the insurance company won’t hunt you down. They are insurers, not … [Read more...] about Will you a purchase a Term Plan that provides you Life Cover for your entire life?