Tag Archive

LIC Raises Interest Rates on Loans Against Policies

By LS TMemb7

Life Insurance Corporation (LIC) has increased interest rates on loans against insurance policies. It also increased interest rates on delayed payments of loan by the policyholder. Now, LIC charges 9% on loans against policies. Earlier LIC used to charge 8% interest rate for delayed payments. It is also now hiked interest charges of delayed payments […]

Why You Should Not Neglect Medical Insurance?

By mcras2

We are all aware of the saying ‘Health is wealth’. Some of us follow and maintain healthy lifestyle habits. But remember, even after taking all necessary precautions, we are at the risk of falling ill or meeting with an accident – we never know when a medical catastrophe arises. We should always be prepared to […]

Importance of Medical Tests Before Buying Medical Insurance

By mcras2

A commonplace advertisement from insurance companies is ‘no medical tests required to purchase an insurance policy’. People are attracted to the convenience of no-test policy compared to the one that requires all medical tests. But is it really right to purchase a policy without knowing your health condition? Every individual going to buy an insurance […]

Get Insurance for Adverse Financial Outcomes

By mcras2

In today’s world people are very much familiar with the term insurance. Whether it is for life, health, vehicle, fire, disability or liability, insurance serves as financial tool for securing your life and property. It is a cover used for protecting you and your family from rising unexpected health expenses or certain life outcomes. Simply […]