Life Insurance Corporation declares interim bonus every year and added in the account of respective policy holder. Policies which are categorized as With Profit policy tend to get the bonus while non-profit policies like term insurance or term insurance with return of premium plans won’t get the bonus. Bonus declared is generally depends on Type…
Child Plans – How They Work & Should You Buy Them?
Child – parent relation is of natural love & affection and planning for there education/marriage is of prime importance for them.Thats were Child plans comes into focus.Such plans are being offered by insurance as well from few mutual funds.Today we will have some thoughts on Child plans offered by life insurance companies. Most of the…
Critical Illness Insurance Cover – Overview,Importance & Options
Critical Illness – As name indicates these are the life threatening illness and very limited options are available to cure such illnesses. Please View – Six Critical Illnesses Those Needs To Be Covered List Of critical illnesses in short – Six illnesses have stated in above link.Overall list can be stated as below Cancer. Bypass Surgery –…