E-PaperDeath Benefit News
Is reduction in death benefit good for you?
This year, there have been two significant changes in life insurance segment: minimum death benefit requirement has been reduced, while the withdrawal limit for pension plan has been increased to 60%
2 min read9 Dec 2018The sum assured can be less than the death benefit
Under a term policy there is no difference between the death benefit and the sum assured
2 min read6 Jun 2017Death benefit in a life insurance plan may not be the same as the sum assured
Product regulations started in 2010 with unit-linked insurance plans (Ulips) and then turned to traditional plans
2 min read1 Dec 2015Product crack: Edelweiss Tokio Life-MyLife+
This is one of the cheaper life plans and the fact that it allows customization is a plus
2 min read5 Jan 2015Life insurance policies cover death due to drunken driving
Drunken driving is excluded in personal accident insurances
2 min read22 Apr 2014Term covers pay death benefit even if you are outside India
You can buy overseas medical insurance each time you travel abroad
2 min read10 Sep 2013Assigning life insurance policy to a friend is not advised
LIC generally discourages such assignment because there is no insurable interest in the transaction.
2 min read26 Feb 2013Product crack: HDFC Life Pension Super Plus
This plan offers a guaranteed death benefit and a minimum maturity benefit.
2 min read10 Dec 2012DYK: Death benefit in linked plans may change
The minimum death benefit for linked plans will be sum assured plus the investment amount.
2 min read22 Nov 2012Ask Mint | Look at products that give you options to invest in index funds
Ask Mint | Look at products that give you options to invest in index funds
2 min read21 Jan 2008Popular Topics
Budget
The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared