Can an insurance company deny me critical illness rider citing my old age?
Generally, critical illness rider (CII) is provided up to the age of 50 years
I already have two credit cards, should I still apply for a new card?
If you feel the need to apply for a third card, check for features that you do not have on your two existing cards
Can I make the payment now as I missed the last premium of life policy?
It will depend on the time period that has lapsed since you last paid your premium due
What are the risks with the investment in a growth option of units of Ulip?
You must bear in mind that the past performance of the fund is not necessarily indicative of the future performance
If a policyholder becomes insolvent, is there any way he can protect the policy?
There are possibilities that it can be attached in the event of insolvency of the insured
What is the most hassle-free way to deposit life cover premiums on time?
The easiest way in which you can pay the premium is through online banking
Can an insurance company refuse to make payment of insurance proceeds?
Under some exceptional circumstances they may refuse the payment of policy proceeds
Can a cheque drawn in favour of guardian be deposited in minor’s account?
Yes, most banks would accept cheques issued in the name of the guardian as well
Can a creditor in case of repayment of debts attach policies issued under MWPA?
A policy bought under the MWPA becomes the absolute property of the married woman and works like an assignment
Should I go for a term insurance with benefits or one without the benefits?
A term insurance policy that does not give profits is also known as a pure risk insurance policy
On Stands Now
I am a bachelor with an annual income of Rs 4.6 lakh. Suggest some life covers.
What are unit-linked insurance plans? Are they risky investments?
Do I need a guarantor or security while availing a car loan?
I live in a co-operative society. Can I obtain loan against my property?
Is there any limit to the number of life insurance policies I can buy?
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