Why should I buy life insurance?
Because your income supports people who would still have expenses if it stopped. Life insurance replaces that income so your family can…
FAQ Category: General
How much insurance cover do I need?
A common starting point is ten to fifteen times your annual income, then adjusted for outstanding loans, the number of years your…
Can I have more than one insurance policy?
Yes. You can hold multiple life and health policies with different insurers. For life insurance, all policies pay independently. For health insurance,…
What affects my premium?
Age, sum insured, policy term, health and medical history, lifestyle factors such as smoking, occupation, and the riders you select. For motor…
Why does the nominee detail matter so much?
Because the nominee is who the insurer pays. An outdated nominee — a former spouse, or a parent who has since passed…
What happens if I miss a premium payment?
Most policies allow a grace period after the due date during which cover continues. Beyond that the policy lapses and cover stops.…
What documents do I need to buy a policy?
Usually identity proof, address proof, age proof, recent photographs, and income proof for larger sums assured. Health policies may require a pre-policy…