Life Insurance is actually a Protection tool, whereby if anything happens to the insured, the family should not suffer from financial instability. Here is a quick look at the 5 MUST KNOW things about getting an Insurance Death Claim.
The write-up digs up the history of product needs of customers in the Indian Life Insurance sector from pre-liberalization era till today. It also tries to identify what could be the reasons for the industry to face issues like pitching the right products to the customers today.
To ensure you have the best possible life insurance cover, you need to evaluate your current life situation. If there has been a major life-changing event recently or is due, you need to re-evaluate your life insurance policy.