Do Term Plans Have Maturity Benefits?
No, term insurance does not offer maturity benefits. However, few companies return the total premium paid by the policyholder after the policy gets...
What mandatory documents are required to buy Best Term Plans?
Following is the list of documents that are required to buy the term insurance online: Income Proof Age Proof Education Certificates Address Proof...
Will I get tax benefits from the best Term Insurance Plans?
The policyholder with a term insurance plan can avail of the tax benefits under section 80D. If the policyholder has availed a term insurance polic...
Am I allowed to add riders to my existing best-term insurance plan?
Well, the answer to this differs from insurance company to company. Some insurance companies allow riders to be added only at the inception of the...
I am an NRI, can I avail the benefits of the best Term Plan in India?
If you are a non-resident Indian (NRI), you can purchase term insurance plans designed specifically for people who reside outside India. You can pu...
What will happen to my Term Insurance if my nominee will die before me?
In such a case where the nominee of your Term Insurance is dead, you need to intimidate your insurance company and then can change your nominee.
Why should I add riders to my Best Term Life Insurance?
A rider is an insurance policy provision that adds benefits to or amends the terms of a basic insurance policy to provide additional coverage. Ride...
Do I need to mention that I am a smoker if I only smoke occasionally?
Yes, it is important for you to not hide any information from your insurer that is mandated by them. If you hide your occasional smoking habits and...
What are the key features of the best Term Insurance plan?
To choose best term insurance plans you need to consider factors like Budget Friendliness Long-term life protection Availability of riders Easy to...