Premiums
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Insurance
LIC Introduces Innovative Unit-Linked Life Insurance Plan: Index Plus
On Monday, Life Insurance Corporation of India (LIC) revealed the introduction of Index Plus, a unit-linked individual life insurance plan featuring regular premiums. In a statement, LIC highlighted that the plan provides a combination of life insurance coverage and savings throughout the policy’s duration. The statement further explained, “Guaranteed additions as a percentage of annualized premium shall be added to…
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Insurance
15 Terms You Must Know Before Buying Health Insurance
Navigating the world of health insurance can feel like deciphering another language. Between confusing technical jargon and unfamiliar acronyms, choosing the right policy can be overwhelming. This comprehensive guide unpacks 15 vital terms you’ll encounter in your health insurance journey, empowering you to make informed decisions for your well-being. 1. Premium: The regular payment you make to maintain your health…
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Insurance
Your Legacy, Your Choice: Term or Whole Life Insurance – Making Every Moment Matter!
Life insurance plays a crucial role in securing the financial future of your loved ones, providing a safety net in times of need. Choosing the right type of life insurance is a pivotal decision, with term life and whole life insurance emerging as two popular options. In this article, we will delve into the nuances of term and whole life…
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