What is life insurance for

CCI clears Nippon Life stake hike in RNAM up to 75% - The Hindu BusinessLine

RCap eyes ₹6,000 cr by offloading stake in Reliance Nippon Life Asset Management The Competition Commission of India (CCI) has given its nod for Japanese life insurance major Nippon Life Insurance to raise its stake up to 75 per cent in Reliance Nippon Life Asset Management (RNAM). This approval clears the legal decks for Nippon Life to launch a mandatory open offer to public shareholders of RNAM to acquire up to 25.33 per cent stake in RNAM’s expanded voting share capital. SEBI recently issued its final observation letter paving the way for the mandatory open offer to public shareholders. Nippon Life’s open offer — from July 23 to August 5 — is for acquisition of up to 15.57 crore equity...

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Reasons to buy life insurance for your child, London Business News,

Parenthood might be a choice, but the love and responsibilities that come along with it for your child once you decide to become a parent are not much of an option. The single most important entity in your life once you become a parent is often your child, and there would possibly be nothing that you would not do for your child. The sole purpose of a parent’s life boils down to shielding their child from the world’s malice and securing their future. Therefore, it should not come as a surprise if parents get a little paranoid and constantly fret about their child’s health, education, or any other aspect. Fortunately for parents, life insurance schemes for their children can serve as a...

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The insurance premiums in your super may be going up - CHOICE

Life insurance isn't much fun to think about, but it can offer valuable peace of mind and help look after your family if something goes horribly wrong for you. Most people automatically receive life insurance cover from their super fund. You usually then have the option of paying more for a higher level of cover, reducing your level of cover or cancelling it altogether. Around a quarter of people surveyed didn't even know they were paying for life insurance Life insurance in super is a massive industry, worth around $9 billion. An estimated 12 million Australians have cover from their super fund, yet many are very confused about this cover. They don't know what they're covered for or how...

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What is Life Insurance in USA? -

Life is unpredictable. Every day can be the last one. We are told this simple truth from the very childhood and soon we get used to it. Thus we are not afraid of death so desperately and even seem to forget about it. Nevertheless we become older. Some people, who depend from us, appear in our life. We get a spouse, we have children or adopt them, and we have parents who also become older and need our care. Any of us wants to protect all these dependant people – even in case of our death. That’s why we need life insurance – to protect our relatives and friends from paying our bills after death. We don’t want our dependants to decrease their way of life after our leaving for the better world...

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