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Tag: Life Insurance

If you have insured your life, you are probably familiar with the term ‘nomination’. But are you aware of how important having a nomination on your life insurance policy is?
The Oceangate Disaster – One year later

By: Insurancepe June 20, 2024

The Oceangate Disaster – One year later June 18th 2024 marked one year since the accidental implosion of Oceangate’s Titan submersible which killed five people who were on their way
Utmost Good Faith
If you have ever carefully read a proposal form of any type of insurance you are or were considering taking, you may have noticed a statement (usually in the Declaration)
Annuities – the Retirement Revolution

By: Insurancepe May 8, 2024

Welcome to the dawn of a new era in retirement planning—a revolution fuelled by innovative financial tools and strategies aimed at empowering individuals to achieve financial freedom and security in
How did they (try to) carry out the scam?
In 2023, a university student in Taiwan tried to scam his insurers in an attempt to get a payout of $1.3 million dollars! By amputating his own legs! What did
section 45
If you go through your life insurance policy wording, you will come across Section 45, a provision of the Insurance Act, 1938 as amended by Insurance Laws (Amendment) Act, 2015.
Financial Year 2024
SURRENDER VALUE in Life Insurance policies Starting April 1, 2024, as announced by the insurance regulator IRDAI, revised surrender values in non-linked or linked life insurance products – traditional endowment
The Myth of 'Sold, Not Bought'
Insurance is not Bought, but Sold

By: Insurancepe March 28, 2024

People tend to be certain that they will live a hundred years; be damn sure that their house will not burn down; that their car will not be totaled in
Family Health Optima Insurance
The cost of poor service in Health Insurance

By: Insurancepe January 8, 2024

What happens when a legitimate claim is rejected by an insurance company? The insurance company ends up paying more than the original cost of the claim. At least that is
Is this a term plan? A savings plan? A retirement plan? An investment linked plan?
If you have ever bought life insurance in India, you have most certainly gone through various products from different life insurance companies in your search for the perfect plan, and