Tag: Life Insurance Policy

5-Ways-How-Group-Term-Insurance-Will-Help-Your-SME-Businesses

5 Ways How Group Term Insurance Will Help Your SME Businesses

Small and medium businesses are vulnerable to any minor catastrophic event. Particularly startups are heavily dependent on their employees for their success and if anything were to happen to employees they would be at the receiving end. Bootstrapped companies are a level high when compared to these SME businesses as the owners invest their own […]

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Is an Employee Liable if Their Employer Misses the Insurance Premium Payment Deadline

Case Study: Consequences for Employees When Employers Delay Insurance Premium Payments

Should an employee suffer if the employer has not made the renewal payments on time? This was the question examined by the National Consumer Dispute Redressal Commission (NCDRC). The facts of the case are one Mrs. Pittala Pochamma has as. Pittala Pochamma has approached the Life Insurance Corporation of India (LIC) to settle the claim […]

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Insurance Policy in India

What are the Three Important Aspects to Consider When Buying a Life Insurance Policy in India?

We think of purchasing a product from the top companies thinking of the reliability, brand name, and quality they offer. But when it comes to services, it is difficult to guarantee that the same companies that excel in products would also perform well in services. The simple reason for this is that products and services […]

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Should You Tell Your First Insurer About Your Second Life Insurance Policy?

Should You Tell Your First Insurer About Your Second Life Insurance Policy?

Have you taken a second life insurance policy and wondered whether you should disclose this to the first life insurance company? There are many terms and conditions in a life insurance policy which have to be adhered to by the insured customer and of these, changes to the material risk should be particularly communicated to […]

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