When Term Insurance Makes More Sense Financially

A lot of us are financially not prepared to handle an emergency or a life crisis. We can easily avoid a life-changing outcome by getting adequate protection through a term plan. It is one of the most affordable ways to be covered but many have not spent enough time to know more about this product.

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Keep Your Employees Motivated with Group Term Life Insurance

It is impossible to run a successful business without efficient employees. They should be considered as family members and when you look after your extended family, they take care of the business. A group term life insurance will give assurance to the employees that you care for them. It will give them peace of mind that their families will not suffer in their absence.

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Who benefits most (and least) from the Chase Sapphire Preferred Card? – 2019

The Chase Sapphire Preferred® Card is the best known of all reward cards for regular travellers. The card is a favourite for those who wish to use their rewards mainly for travel. The Chase Ultimate Rewards® points earned with daily spending can be used on almost any air ticket via the award travel portal or transferred to over a dozen domestic and international travel partners.

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7 Tips to Consider When Buying a Life Insurance Policy

Life insurances are a must. Today, we cannot imagine life without insurances. Due to the occurrence of unprecedented events, getting an insurance coverage have now gradually become an indispensable need. One hardly requires to be reminded that a consumer who plans for the future should, in one way or another, take account of the fact that he does not know how long he will live. Earlier, insurances meant ‘life insurance policy’ in common, which addressed accidental deaths or untimely death owing to critical illnesses. However, insurance coverage now applies to varied domains like healthcare, vehicles, property, which includes land, home (real estate) or personalized shops and even corporate businesses. Many individuals also buy term insurance policies as it suits their need. But one must be prudent enough, prior to buying a life insurance policy. He should be aware of the terms and conditions laid by the insurance company before investing.

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Incurred Claim Ratio – Important Factor to Choose a Health Insurer

Sumit purchased a health insurance plan for his family and asked his friend Kaushal to check if he opted for a reliable policy or not. Kaushal, an insurance agent, asked him for information about his insurer’s Incurred Claim Ratio or ICR. Sumit told his childhood friend, after searching for it online, that it’s 38 per cent. This is where you went wrong, said Kaushal, adding that the insurer is either not incurring too many claims or not settling its claims. It may not be able to deliver the intended benefits to customers, he told Sumit.

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10 Tricks To Lower Your Car Insurance By Thinking Like An Insurance Agent

There are some tricks listed below that will help you think like an insurance agent. You need to understand how to save money on your policy so that you can get the right coverage, work with an agent who is o fleecing you, and find a company that will give you better customer care. Deploy each of these ten steps when you have concerns about your insurance pricing or coverage.

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What Your Health Insurance Policy Will NOT Cover

The best way to protect you from the rising medical costs is to avail of health insurance plans. Various insurance companies offer different types of health plans. It is important that you choose the best one that provides comprehensive coverage.

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Endowment Plans Vs Term Plans – Which Insurance Plan Is Better?

A common dilemma is whether to buy a term plan or an endowment policy. This is because you may not have a clear understanding of the different types of insurance policies that are available.

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Term Insurance – Waste of Money or an Ideal Insurance Solution?

A term plan is a form of life insurance policy that offers a death benefit. Term insurance policies do not come with any maturity benefit. Hence, you might find yourself asking ‘‘is term life insurance worth it’’ and to know that answer you have to understand the many benefits it comes with.

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5 Financial Mistakes You Must Avoid

There is usually a point of time in life when you start thinking about your future finances and consider the impact of spending on them. Setting financial goals will help you enhance the quality of your life and will reduce many worries. The sooner you begin, the better it is for you. Despite the knowledge of financial security, many fail to achieve their goals due to multiple factors. Here are a few common financial mistakes you need to avoid.

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