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Riders are meant to elevate the level of protection coverage for the policyholder, thus making the term insurance plan more comprehensive in nature.
If the insurer asks you to undergo a medical test and the tests reveal your smoking habit, then your application may be rejected.
Many insurers have extended their insurance coverage for the treatment of a medical condition that can be done at home under medical supervision.
LIC collected Rs 1.8 lakh crore in first-year premium from 2.1 crore fresh policies in FY21
The old term insurance policy can be revived after paying the lapsed premium along with interest charges and medical costs.
Aviva Saral Pension Plan: In return for a single premium, the plan offers guaranteed pension income to help an individual plan post-retirement life
All bank deposits including savings, fixed, current and recurring deposit for up to the limit of Rs 5 lakh per bank is insured by the DICGC.
Two-wheeler insurance: Now you can renew your bike insurance online from the comfort of your home.
With portability, the policyholder can benefit by choosing to go for enhanced product with a good serving insurer.
Indian consumers will now get a diversified portfolio of insurance products to choose from insurance companies, on PhonePe.