The process of transferring rights of a Life Insurance Policy is called Assignment. There ...

Assignment of a Life Insurance Policy simply means transfer of rights from one person to a...

Unit Linked Policies provide flexibility to its policyholders to “partially” w...

When the premium for a life insurance policy is not paid on time and it lapses, then the P...

The concept of Paid Up Policy applies strictly to Traditional Life Insurance Plans only an...

Whenever anyone purchases a life insurance policy, he would always want to know how much m...

Nominee is the person who has been selected or designated by the policyholder to receive t...

Nomination of Life Insurance Policies is a process whereby if the Life Insured dies within...

The purest form of Life Insurance is called Term Insurance Plan. It is basically a Pure Pr...

Reinsurance is a process where the insurance companies protect themselves against major cl...