Whole life insurance, as the name suggests, provides coverage for the entire lifetime of the policyholder. Unlike term ...

Canadian life insurance new annualized premium reached a record $2.04bn in 2024, reflecting an 8 percent increase from 2023, according to LIMRA’s Retail Canadian Life Insurance Sales Survey. Despite ...

Whole life vs. term life has been a debate in the industry for some time. Which product is the better buy for clients?

Cash value in life insurance refers to a savings component present in certain types of policies, such as whole and universal ...

Life insurance serves its main function by offering financial protection to your family members in your absence.

If you no longer need a whole life insurance policy, you have options including cashing it in or borrowing against its value.

How to Use 80D Deductions in Life Insurance for Maximum Benefits? - Life insurance is typically covered under Section 80C of ...

Here’s an example of how it might work: If you pass away during the first or second year of owning the policy, the insurer will pay the beneficiary a refund of premiums you paid, plus interest.

Coming down heavily on UIB Insurance Brokers Pvt Ltd for repeatedly failing to remit insurance premiums and failing to ...

Whole life policies have a savings component ... Turns out, you’ve got more to worry about than wrinkles as you age. Hospitalisation insurance premiums rise with age, so you’ll find yourself paying ...

Typically, younger people think that a life insurance policy is only needed later in life, but securing a good policy early on comes with certain benefits. Locking in the right policy while young may ...