Consider these 3 parameters carefully before buying life insurance
Updated: 20 Jun 2022, 05:01 PM IST
- Term insurance is the simplest form of life insurance that provides a fixed lump-sum amount to your family, in the unfortunate event that they lose you, during the policy term. It is an easy and convenient way to secure your family's future in case of untimely demise.
The life insurance claim intimation should be quick and consist of basic information such as policy number, name of the insured, date of death, name of the claimant etc.