Term Insurance

What Documents are Required for a Term Insurance Claim?

Finance and Economy, Insurance, Investing / By My Finopedia / May 14, 2024 May 14, 2024

Term insurance is a kind of life insurance that offers protection for a specific period of time, or term. The insurance company pays the selected beneficiaries a death benefit if the policyholder person passes away within the duration of the policy. It aims to provide monetary security for a specific period of time—10, 20, or …

What Documents are Required for a Term Insurance Claim? Read More »

What is the Ideal Duration of Term Insurance?

Finance and Economy, Insurance, News and Updates / By My Finopedia / May 3, 2024 May 3, 2024

A kind of life insurance known as the term insurance offers protection for a particular period of time called the term. Under unfortunate circumstances, a death benefit is paid to the beneficiaries( the one the policyholder designates) if the insured person dies within the policy’s term. The time period for which you should get term …

What is the Ideal Duration of Term Insurance? Read More »