A comprehensive buying guide to term insurance.
One of the most common questions NRIs ask: “Do I need to fly to India just to buy a term insurance policy?” The short answer is no. Indian insurers have made it possible for Non-Resident Indians to purchase term insurance entirely from abroad, using digital onboarding, embassy attestation, and telemedical exams. But “possible” does not … Read more
Coverage till 99 costs 168% more than till 65 for the same ₹1 crore cover. Most financial liabilities end at retirement. See the premium comparison and when till-99 actually makes sense.
When buying life insurance, many Indians instinctively choose the longest cover: sometimes till age 99. It feels safe, like a lifelong guarantee. Yet this choice is often driven by psychology, cultural norms, and marketing rather than actual financial need. Understanding these influences helps buyers make rational, cost-effective decisions. Cheat sheet 10.1 lakh Individual death claims … Read more
Retired, debt-free, and financially set? Term insurance adds little value for your parents. But for you with dependents and loans, it’s non-negotiable.
For most Indians, buying term insurance is a straightforward process: fill an application, answer health questions, possibly take a basic medical test, and get approved within a week. But once you cross the ₹50 lakh sum assured threshold (which most high-income professionals do), the underwriting process shifts into a different gear entirely. Expect more paperwork, … Read more
“Buy term insurance as early as possible” is one of the most repeated pieces of financial advice in India. And on the surface, it makes sense: premiums are lowest in your 20s, so locking in early saves money. But there is a less obvious side to this argument. At 25, most people have no dependents, … Read more