Things to Know Before Buying Life Insurance

#1 Coverage Amount

#2 Tenure

#3 Premium Payment Mode

#4 Riders and Add-ons

#5 Policy Terms & Conditions

#6 Brand Reputation & Key Financial Metrics

Conclusion

Coming Up Next

Term Life Insurance

ULIPs

Endowment & Child Insurance

Whole Life Insurance

Retirement Insurance

Term Rider

Accidental Death Benefit

Accidental Disability Benefit

Critical Illness Rider

Waiver of Premium

Grace Period

Waiting Period and Surrender Charges

Claim Settlement Ratio (CSR)

Solvency Ratio

Persistency Ratio

Understanding General Insurance