Whole Life: Overview

Whole Life: Benefits

• Children's Life Insurance Policies
  
Children life insurance has now become a child's play. The children's life insurance policies provide cover for the child's parent/guardian/grandparent for a specified term ......
• Whole Life Insurance Plans
  
Safeguard yourself for entire life, get a whole life insurance . Whole life insurance policies life cover for entire life or up to a certain age. No survival benefits since there is no definitive term ......
• Money-back Life Insurance Plan
  
Get back the premiums you have paid for the insurance , Puzzled! The money-back plans provides life insurance cover for a specified period. The insured gets back fixed, tax-free proportions from the ......

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Whole Life: Riders

• FAQs on Life Insurance Basics
  
Do you need insurance if your not the breadwinner of the family? Not really. ......
• Sudden hospitalization? Solution; Hospital Cash Benefit Rider
  
This benefit rider coupled with your life insurance will ensure that monetary issues do not bother you in event of unfortunate hospitalization for an ailment. ......
• Guaranteed Insurability Option Rider; insurance without medical check-up
  
Get additional whole life insurance at different stages in your life without medical tests. ......

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Whole Life: Exculsions

• Insurance is null and void if suicide is committed within a year
  
Death claims are not payable under certain circumstances in case of life insurance. ......

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Whole Life: Claims

• Insurance is null and void if suicide is committed within a year
  
Death claims are not payable under certain circumstances in case of life insurance. ......
• How to collect maturity amount from insurer?
  
Getting maturity amount made easy , here's how .The insurer sends a discharge/claims form more than a month in advance of the policy maturity- here's your maturity claim. ......
• The death claim process is simple and the benefit is tax free
  
Make life easy after death . Fill in a form to file a death claim . It will be about four months before you can get the claim amount. ......

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Whole Life: Tax Implications

• Tax benefits surrounding Life Insurance
  
life insurance,income tax benefits,tax exemption,income tax section,Section 80C,Section 10(10D),ULIP,unit linked policy, insurance policies ......
• New budget to impact sales of insurance companies
  
Due to increase in tax bracket, the number of tax-payers may decrease. increase. May lead to a decrease in number of free policies issued. ......
• Life Insurance companies seeking extra tax benefit
  
Private life insurance companies are asking an additional tax exemption for long term insurance and pension schemes in the Union Buget 2008-09. ......

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Whole Life: Premium

• New budget to impact sales of insurance companies
  
Due to increase in tax bracket, the number of tax-payers may decrease. increase. May lead to a decrease in number of free policies issued. ......
• LIC new biz premium less than 50 per cent
  
LIC's earnings from the new premium business have dropped for the first time in September 2007 compared to the last years numbers. ......
• Life Insurance companies seeking extra tax benefit
  
Private life insurance companies are asking an additional tax exemption for long term insurance and pension schemes in the Union Buget 2008-09. ......

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Decision-making Corner

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