Since their inception, Unit-Linked Insurance Plans (ULIP plans) have gone through a lot of upgrades and regulatory changes. The concept remains simple – ULIP is a dual-objective product, designed to fulfill the life insurance as well as investment needs of the policyholder. However, in its early days, it was not a popular product. It gained… Continue reading Why You Should Never Surrender Your ULIP during the 5-Year Lock-In Period
Category: Business and Finance
3 Reasons Why You Should Renew Your Term Insurance Plan Today
The basic idea behind buying a term insurance plan is to ensure the financial security of your loved ones when you are gone. Online term plans have inclusions for a ‘sum assured,’ which is a lump sum amount that a nominee gets upon the death of the policyholder. However, as compared to traditional life insurance… Continue reading 3 Reasons Why You Should Renew Your Term Insurance Plan Today
Should You Buy A ULIP? Take This Little Test and Find Out
ULIP, i.e., United Linked Insurance Plans is a combination of insurance as well as investment. A policyholder can pay a premium monthly, annually, bi-yearly, etc. A minimal amount of this premium goes towards providing a life cover, and the remaining money is invested in funds such as equity or debt. You can spread your money… Continue reading Should You Buy A ULIP? Take This Little Test and Find Out
5 Ways to Avoid Failure When Your Business Grows Rapidly
As much as every business prays they will experience sudden growth, it can have a detrimental effect if not handled correctly. Some companies can get themselves crushed by their own speedy growth. Although a boom in clients can be just what a business needs, it can bring sudden, unexpected changes. A rush of new contracts,… Continue reading 5 Ways to Avoid Failure When Your Business Grows Rapidly
Picking up the Pieces: 3 Reasons Why the Insurance Company Likely Won’t Act in Your Best Interest After a Semi Truck Accident
Car accidents are always stressful, but when they involve large trucks, there is a whole new level of damage that usually comes with them. The impact of a huge, heavy truck colliding at any speed with a passenger vehicle often results in serious injury and significant property damage. But even with this level of damage,… Continue reading Picking up the Pieces: 3 Reasons Why the Insurance Company Likely Won’t Act in Your Best Interest After a Semi Truck Accident