The loan against the life insurance policy is a convenient way to have a high-ticket credit. This type of loan is considered to be a secured loan. This is a financial contract between lenders and individual borrowers. Lending institutions offer a loan amount depending on the surrender value of the existing policy. Also, the interest […]

A comprehensive car or motor insurance policy shields your car against theft. But, it never covers the loss of the personal items inside the car when it is stolen. So, there is a way to protect your belongings too. But, it comes with an extra charge. It means you have to pay an additional premium[…..]

Do you know that now many insurers allow policyholders to revive their insurance policy? This sudden change encouraged more people to continue their risk coverage. The policyholders are given a 2-year grace period after missing a premium payment for renewing their policy. So, reviving that lapsed policy is now possible. What Is Policy Lapsation? Whenever[…..]

The convalescence benefits in healthcare insurance are provisions. They are designed to provide financial support to the policyholders after hospitalization during their recovery time. It is a lump-sum amount that you can get as per the policy’s terms and conditions. You can think of it as additional help from your insurance company. Understanding Convalescence Benefits[…..]

Businesses often require financial assistance to fuel growth, manage cash flow, or seize opportunities for expansion. Obtaining a business loan is a strategic decision that can help entrepreneurs address various challenges and achieve their objectives. Let’s delve into the most common reasons why businesses seek financing: Expansion and Growth: One of the primary reasons businesses[…..]