LIC Kanyadan Policy: Features, Benefits & Eligibility Criteria

The LIC Kanyadan policy provides excellent financial protection for daughters at a low cost. It is a one-of-a-kind strategy that sets a backup fund for your daughter's future costs in support of her marriage and schooling. When a girl child is born into a family in India, the first issue that concerns the family is the cost of her education and marriage. However, LIC has recently developed a plan that provides financial aid to families in raising their daughters, which is a huge comfort for them. LIC Kanyadan Policy Highlights [...]

By |2021-11-11T11:39:31+00:00November 11th, 2021|Life Insurance|Comments Off on LIC Kanyadan Policy: Features, Benefits & Eligibility Criteria

LIC Jeevan Anand Policy: Features, benefits and how it works

The LIC New Jeevan Anand Policy is a non-linked participating plan that offers an appealing combination of protection and savings. This plan provides financial protection against death for the policyholder's whole life, with the option of receiving a lump sum payment at the conclusion of the policy term if the policyholder survives. With the lending facility, it also takes care of liquidity requirements. It's a classic savings and insurance policy that provides protection in the event of a disaster. The plan is in place to offer the necessary financial assistance [...]

By |2021-11-11T11:31:41+00:00November 11th, 2021|Insurance, Life Insurance|Comments Off on LIC Jeevan Anand Policy: Features, benefits and how it works

LIC Premium Online Payment via Paytm

The Life Insurance Corporation of India (LIC) was founded in 1956 and is one of India's oldest, most recognizable, and most trusted insurance companies. To present, the Life Insurance Corporation of India (LIC) has provided insurance to millions of Indians. LIC's goods have now been developed to meet the diverse needs of people from various walks of life. It provides life insurance, unit-linked insurance plans (ULIPs), and other insurance options. Citizens can select from a variety of insurance programs to meet their specific requirements. With the advancement of technology, India's [...]

By |2021-11-09T12:31:04+00:00November 9th, 2021|Life Insurance|Comments Off on LIC Premium Online Payment via Paytm

DSA(Direct Selling Agent) Agreement

A Legal Agreement written between a Bank and an Agent authorized to sell the services of a Bank/ Financial institution is a DSA  Agreement. It comprises details about the appointment, rights and answerability, and all terms and conditions related to the services of a Direct Selling Agent (DSA) certified by a Bank/ Financial institution to sell or distribute its products/services within the specified jurisdictional areas on its behalf. Procedure for Direct Selling Agent Agreement: Procedure for DSA Agreement is easy with us at Legalraasta.com   Complete our Simple Form Online Fill up your [...]

Ways to Reduce Life Insurance Premium

Every insurance company deals with a life insurance policy, it is advisable to go through every detail before buying it.  The life insurance premium will be decided according to the risk involved. In many cases, an insurer can reject the claim of the insured because of certain exclusions in life insurance. Mentioned below are some conditions which increase life insurance premium: 1. Excessive Drinking and Smoking As we all know excessive drinking and smoking habit is bad for health and will increase the risks of mortality. Before buying a life [...]

By |2020-12-30T10:00:17+00:00June 22nd, 2018|Life Insurance|0 Comments

Common Exclusions in Life Insurance Policies

In the insurance contract, an insurer promised to cover damages suffered by an insured during the emergency according to the contract's terms. However, an insurance company wants to limit their losses, by inserting some exclusions in life insurance policies. There are certain events and conditions that are not covered by an insurance policy and these are referred to as "exclusions in life insurance". For example, An individual opts for a life insurance policy but suddenly decided to end his life by committing suicide. As per the life insurance policy, the [...]

By |2020-10-13T07:18:33+00:00June 22nd, 2018|Life Insurance|0 Comments

Why Term Insurance Renewal is Much Important?

We start thinking about the safety of us and our beloved ones from a very small age. It is so because our life is full of uncertainties. One such initiative which an individual takes today is buying a life insurance policy. It is to safeguard the future of the family. A life insurance policy gives a financial backup to the insured as a death benefit in exchange for the premium. In this article, we will study about life insurance renewal and its importance. The buyer should think regularly about the premium while buying [...]

By |2020-10-13T07:33:19+00:00June 20th, 2018|Life Insurance|0 Comments

Financial Security by Life Insurane

Have you ever thought after your death, what will happen to the family members? How will they manage themselves? Who will provide them with financial security? How would they pay for food, clothes, school bags? Is the other partner is financially capable enough to manage the family alone?  Would they have to seek government benefits? A life insurance policy is a cost-effective way to safeguard your loved one in case of your untimely demise. By taking good life insurance, one tends to shift their liability on the insurer, so that the [...]

By |2020-10-13T08:35:18+00:00June 20th, 2018|Life Insurance|0 Comments

Select a Best Life Insurance Plan For Yourself

A life insurance plan covers you against the various risks of life and gives financial protection to you and your family. A company will provide you with insurance according to your salary or earnings. According to the basic rule, a company should give you insurance 10 times of your annual earnings. The policyholder will get a lump sum amount if he/she dies, unfortunately. The amount paid to the beneficiary will let them live their life without any compromisation. Benefits of A Life Insurance delivering of money at regular intervals protects [...]

By |2020-12-31T09:41:02+00:00June 20th, 2018|Life Insurance|0 Comments

All about Life Insurance Agent

As people are becoming aware of insurance benefits that lead to accelerating competition in the insurance sector. Now, every life insurance agent wants to increase his number of clients, as they work on a commission basis. Hence, the bigger the life insurance policy is sold, the higher an incentive is earned. Hence, it is mandatory on the client end to check and judge the credibility of a life insurance agent. Mentioned below are some points before checking the credibility of an insurance agent  Make Sure the Life Insurance Agent Has [...]

By |2020-10-13T08:11:04+00:00June 20th, 2018|Life Insurance|0 Comments
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