Whenever you want to buy a term insurance policy you make a comparison of features, premium, and riders and purchase the policy. Do you ever try to negotiate term insurance premium rate? The answer is NO, Why? Because term insurance premium is fixed based on your age. However, it is possible to reduce term insurance premium if you follow the tips given below. 10 Tips to reduce term insurance premium 1. Start at Young Age In order to reduce premium […]
You might have heard enough about term insurance plans these days and planning to buy a new term plan to secure your future. But do you know buying term insurance plan may not be so easy? There are various factors which one should know to evaluate the need for term insurance and how to get the best term plan. In this article, I will share such 10 point checklist which will help you to buy a term insurance product. Awareness […]
Term insurance plans – Term insurance policies are very popular now a day. Premium rates of such policies are very low, companies are advertising term plans in a big way. Financial planner always advice that term plan is best for insurance, as it covers high risk at low price. The premium of term plan is lowest compared to ULIP, endowment or money back plan. Term plan policy is purely for risk cover. There are many term insurance plans in India, but […]