Life Insurance Policy.com

Max Life Insurance is only the name of the insurance company and Online Savings Plan (UIN: 104L098V02) is only the name of the unit linked life insurance contract and does not in any way indicate the quality of the contract, its future prospects or returns.. Buy Life Insurance Plans and Policies in India at Max Life Insurance. Get instant quotes for Max Life Term Insurance Plans and choose the best term insurance policy for your family.. Term life policies have no value other than the guaranteed death benefit. There is no savings component as found in a whole life insurance product. The policy's purpose is to give insurance to .... Life Insurance-Life insurance is a contract between an insurer and an insured. Under a life insurance plan, in exchange for a premium, the insurer promises to provide the policy nominee with a pre-decided sum of money upon the death of the policyholder (as per applicable terms and conditions).. Term life insurance is a type of life insurance that lasts for a certain period of time. Another name for this type of coverage is “pure life insurance.” That’s because it mainly protects your family if you die before your time is up. This is designed for people who have families, who are the main breadwinners for the family..

how to read your life insurance policy

Life insurance companies are gender biased as far as premiums are concerned. As per statistics, the life expectancy of females is higher than males implying females tend to live longer than males. The life insurance company charges lesser premium from females as compared to males of same age.. The latest life insurance penetration stood at 2.76% and the level of life insurance density was USD 55. During 2017-18, the life insurance business registered a growth rate of 8% in India (inflation adjusted). Among the life insurance companies, Life Insurance Corporation (LIC) is the single public sector company in India..

individual life insurance vs. group term life insurance

A life insurance policy is something that provides a dedicated sum of money on the demise of the policyholder or after a certain period of time. Life insurance is a contract wherein an individual is offered financial coverage by an insurance company in exchange for a payment over a period.. PolicyX.com is the leading and trusted insurance web aggregator. An IRDA approved comparison portal helping customers to compare insurance policies and choose the best one out of all. We offer free and unbiased quotes of insurance products such as life, car, health, travel, investment, pension and business among others with the help of our tie-ups with top insurance companies..