Author: NRI Life Insurance

The majority of the world is filled with well-educated, young professionals that recognize and value the importance of financial independence. Yet, many of them delay purchasing life insurance until they reach a certain age. Indeed, if we go by stats, less than 50% of individuals between 25 and 35 years…

Many people have the misconception that they do not require life insurance. But for several, this is not the case. A simple life insurance policy can turn out to be an excellent instrument for securing the financial future of your children, spouse or any other dependents if you were to…

The ongoing global pandemic has brought a renewed focus and interest in being prepared for unforeseen and unexpected medical emergencies. This includes financial planning as well. Investing in a life insurance plan such as a term plan allows us to have assured financial coverage for our loved ones, even in…

Most people find life insurance as a boring topic, as a result, it is not discussed enough by people and leaves them vulnerable to financial ruin should unforeseen events occur. This leads to people being influenced by myths and misconceptions. These myths result in procrastination while deciding on buying the…

Due to growing uncertainties in life, it is in the best interest of families to have life cover. It allows them to be financially stable and handle the loss of a loved one. As a result, people are becoming increasingly aware of the importance of having a life insurance cover.…

An insurance policy is a promise of assistance to you when things go awry, provided they fall within the policy’s terms and conditions. When such an event occurs, the policyholder needs to lodge a claim with the insurance company to activate the insurer’s response. After the claim is processed and…

There is growing awareness and a change in perception regarding insurance and its ability to prepare us for the uncertainties in life. Most people buy a life insurance policy with the expectation that it will last a lifetime. However, due to unforeseen circumstances, the insurance coverage purchased earlier in life…

Due to the global pandemic, there has been a renewed interest and awareness in insurance. Term insurance and health insurance have emerged as the most preferred options for consumers. While the development of effective vaccines has definitely helped in the fight against COVID-19, there are still concerns about the accessibility…

Group life insurance is good in terms of saving you some money but it also leads to several complications as well. Many employers offer subsidized life insurance benefits in the form of group life insurance policies. These policies are exactly how the name describes, life insurance policies where the same…