How to Buy

Buying term insurance in India feels like navigating a maze blindfolded. You know you need it, but the jargon, the riders, the medical tests, the fine print: it all adds up to decision paralysis. And then there’s the elephant in the room: that deep-seated trust deficit. Will they actually pay when the time comes, or … Read more

Buying insurance is not just about picking the right sum assured or term. One small but important decision is how often you will pay premiums. Annual and monthly modes look similar on the surface, yet the choice has long-term cost and convenience implications. For many Indian policyholders, the difference can mean thousands of rupees over the policy’s … Read more

In a market full of term insurance products with riders, return-of-premium options, increasing cover variants, and bundled investment features, the simplest product is also the most effective: plain vanilla term insurance, also called a pure term insurance plan. No frills, no maturity benefit, no investment component. Just a death benefit paid to your nominee if … Read more

There is a persistent belief in Indian personal finance circles that the earlier you buy term insurance, the better. And in many cases, that is true: premiums are lower when you are young and healthy. But “earlier is always better” is an oversimplification that ignores a basic principle: term insurance exists to protect financial dependents. … Read more

When selecting an insurance provider, many consumers rely heavily on the claim settlement ratio (CSR) as a primary indicator of reliability. While a high CSR suggests an insurer settles most claims, it doesn’t necessarily reflect the quality or fairness of those settlements. Understanding the limitations of CSR is important for making an informed choice.  TL;DR  CSR Limitations: CSR … Read more

Low premiums in term insurance can mean weaker coverage, poor claim settlement, or a less stable insurer. Here’s what to check before you buy on price alone.