Introduction As a lawyer, safeguarding your practice against unforeseen legal and financial risks is paramount. Legal insurance serves as a critical safety net, ensuring that you are protected against potential liabilities that could jeopardize your career and firm. Understanding the nuances of legal insurance is essential for every lawyer, as it not only provides peace … Read more
Legal insurance is a vital component of risk management for lawyers, offering protection against the financial implications of legal claims and other unforeseen events. Choosing the right legal insurance plan can safeguard your practice and provide peace of mind. This guide explores the top five legal insurance plans that every lawyer should consider, highlighting their … Read more
Survival benefit is calculated as a percentage of the sum assured. Money back policies are life insurance plans that return a part of the sum assured to the policyholder as a lump sum at regular intervals. Instead of paying a lump sum sum at once, a fixed percentage of the sum assured is returned in … Read more
Despite IRDAI’s clarification, policyholders will continue to face difficulties as insurance companies have increased health cover premiums citing high claims Ever since the insurance regulator’s mandatory rules on standardization of health insurance exclusions came into effect from October 1, 2020, many policyholders have complained that their premiums have increased drastically. However, the Insurance Regulatory and … Read more
Customers can choose from two variants of this plan. Along with guaranteed income, life insurance is also available in this plan. Exide Life Insurance. Exide Life Insurance launches life insurance plan with guaranteed incomeExide Life Insurance Company has launched a life insurance savings plan “Guaranteed Wealth Plus”. It has two variants to choose from. This … Read more
The cover of a health policy is related to your lifestyle. If you want an exclusive room or a deluxe room during treatment in a hospital, then your cover should be higher A policy with higher cover is always beneficial for you. It does not have conditions like sub-limit of room rent and co-pay ratio.Due … Read more
LIC sees a huge business opportunity in the dematerialization of life insurance policies. LIC has about 70 percent share in the life insurance market. LIC issues about 2 crore new policies every year. Apart from this, the total number of its policies issued earlier is at least 22 crore. LIC can start a depository for … Read more