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Updated by IIFL Insurance on May 30, 2022
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Insurance

Types of Term Insurance Plans in India

There are different types of term insurance in the market today from different companies with attractive benefits, so it is also essential to be aware of different types of term insurance plans in order to make the right buying decision. so for more details log on to https://www.iiflinsurance.com/term-insurance/

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Claim settlement ratio of life insurance companies

Claim settlement ratio of life insurance companies

The percentage of claims settled by an insurance provider from the total claims received in a year is termed the Claim Settlement Ratio (CSR). IIFL insurance provides the complete list of Claim Settlement Ratio of Life Insurance Companies in India 2021 on their website. When buying a life insurance policy, the claim settlement ratio is an important factor to consider.

Top 7 Reasons Why Term Insurance Policy is a Must Buy

Learn about the 7 most importent reasons to buy term insurance. Many people buy term insurance plans without knowing their actual purpose and reasons. This ultimately leads to selecting the wrong policy and ends up in wastage of money.

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Term Insurance calculation

Term Insurance calculation

Term Insurance Calculator helps in assessing the term insurance calculation. Henceforth, you can decide whether you can manage the cost of the term insurance policy before purchasing it.
The term insurance calculator does not cost anything, and it is simple to use.
It lets you compare the cost of premiums of different term insurance policies.

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Best term insurance plan in india 2021

Best term insurance plan in india 2021

List of best term insurance plan in India 2021
LIC Tech Term
HDFC Click2Protect Plus
Max Life Smart Secure Plus Plan
SBI Life eShield
Tata AIA Maha Raksha Supreme
ICICI Prudential iProtect Smart Term Plan
Bajaj Allianz Smart Protect Goal Term Plan
Canara HSBC OBC iSelect Star Term Plan
PNB MetLife Mera Term Plan Plus
Kotak e-Term Plan
Aditya Birla Sun Life Insurance Life Shield Plan

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1 crore term insurance

1 crore term insurance

Term insurance policies are increasingly getting quite popular and a common term associated with term insurance is 1 Crore term insurance. A 1 crore term insurance Plan is a term policy with a sum assured of ₹ 1 Crore which is paid as death benefit to the family/beneficiary in case of death of policyholder.

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Term insurance calculator

Term insurance calculator

For Term Insurance calculation, you need to provide various details like your age, gender, date of birth, policy term, and required sum assured based on which the premium to be paid by you is calculated. Term insurance calculator is easily available on every insurance website. You can visit the IIFL Insurance website to use the term insurance calculator.

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ICICI Term Insurance

ICICI Term Insurance

Today, ICICI Term Insurance is one of the top private companies in the insurance sector that provides various policies with affordable rates. It is a joint venture between the ICICI Bank and Prudential Corporation Holdings Limited that offers services for those who need to safeguard their life from sudden death.

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SBI Term Insurance

SBI Term Insurance

SBI term insurance product embrace Protection plans, Savings plans, Pension plans, amongst others. The leading insurance company follows a Customer-first approach and therefore puts nice stress on providing foremost services like hassle-free claim settlement and wonderful digital service. With its varied branches in the country, SBI term insurance strives to create its product simply accessible to everybody.

Max Life Term Insurance

Max Life Insurance Term Plans - Learn about Max Life Insurance Company history, best term plans, facts and types of insurance offered by Max Life Insurance Company at IIFL Insurance.

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Term insurance

Term insurance

Term insurance is the basic form of life insurance that covers death risk and pays a lump sum death benefit to the beneficiaries of the insured. In case the insured survives the policy period, no benefit is given, other than in the case of return of premium term policy. In a premium return term policy, the policyholder receives an aggregate of all the premiums paid.

Best Long Term Investment Plans in India in 2021

There are several long term investment options. You can select one based on your financial goals or planning. These include Unit Linked Insurance Plan (ULIPs), Equity Funds, Public Provident Fund (PPF), Stocks, Mutual Funds, Bonds, Gold and Real Estate. All these investment options ensure long term gains. Learn how to choose best long term plans as per your needs with complete guidance.

Cheapest Term Life Insurance Plans in India

Cheapest Term Life Insurance Plans - Here are the list of top 10 cheapest term life insurance plans in India. In the blog post, we listed top cheapest term insurance that will help you to shortlist, compare, select, and finalize the right plan for yourself.

ICICI Prudential iProtect Smart Term Plan or Max Life Online Term Plan Plus-Which one should you choose?

ICICI Pru iProtect Smart Term Plan vs Max Life Smart Term Plan

Compare ICICI Prudential iProtect smart plan with max life online term plan advantages and features online at IIFL Insurance. Check the major difference between ICICI Pru iProtect Smart and Max Life Online Term Plan Plus.

LIC Tech Term Plan Features and Top Benefits - IIFL Insurance

Know about LIC Tech Term Plan features and benefits. LIC Tech Term Plan is a pure protection term insurance policy that aims to provide financial protection for the family of the policyholder in case of any unfortunate death during the policy term.

Max Life Term Plans Vs HDFC Life Term Plans - IIFL Insurance

Compare the features of term insurance plans from Max Life vs HDFC Life Term Insurance. Get to know the advantages, benefits & various other plans they offer online in India from IIFL Insurance.

IIFCO Tokio General Insurance company Vs Bajaj Allianz car insurance

Bajaj Allianz Car insurance company and IFFCO Tokio General Insurance company are the two most popular institutions. IFFCO Tokio General Insurance Company deals with different types of insurances like health, home, car, life, and many others. At the same time, Bajaj Car Insurance deals specifically with cars, four-wheelers, and motor vehicles insurance plans.

Health insurance portability and accountability become very important when policyholders do not want to stay stuck to an insurance provider. In this article, we’ll help you to understand the health insurance policy portability.

HDFC insurance policy vs Acko insurance

Insurances can be compared on certain factors like premium, coverage, claims, benefits, etc. We’ll go through each of these factors in detail. If you want know more difference between HDFC ergo vs Acko car insurance then you should read the iiflinsurance.com.

HDFC ERGO vs Star Health Insurance

Compare the features and benefits of Star Health Insurance and HDFC ERGO Health Insurance plans. Know more about the best benefits of HDFC ERGO vs Star Health Insurance, and their various medical plans online in India from IIFL Insurance.

Post Office Saving Schemes for Boy Child 2021 in India

Here are the 6 best post office saving schemes for boy child in India.

  • Ponmagan Podhuvaippu Nidhi Scheme
  • Kisan Vikas Patra (KVP)
  • Post Office Monthly Income Scheme (POMIS)
  • Post Office Recurring Deposit
  • Public Provident Fund (PPF)
  • National Savings Certificate (NSC)

For more information about the post office plans for girl or boy child visit to iiflinsurance.com

Post Office Scheme for Girls

Know about the 8 best post office saving schemes for girl child in India in 2021. The government of India is offering different types of saving schemes for parents to ensure a bright future for a girl child.

PLI Calculator

Postal Life Insurance Premium Calculator is a tool that will help you to calculate the amount of premium that will be paid. Know about PLI Calculator benefits, factors, uses, examples and more.

Care (Religare) Health Insurance vs Niva Bupa (Max Bupa) Health Insurance

Religare Health Insurance have some popular healthcare plans for individual, family, senior citizens, critical illnesses, among others. Niva Bupa (Max Bupa) is a well-known provider of health insurance in India. Compare features and benefits in max bupa vs care health insurance plans. Know more about their various medical plans online in India from IIFL Insurance.

For employers covered under the Gratuity Act, the simple Gratuity formula used to calculate the amount is:

(Last drawn salary15Number of years worked) / 26