Term insurance policy ↝ Life insurance

Why Buying Term Insurance Online Is The Way To Go

Why Buying Term Insurance Online Is The Way To Go The world is grappling with the Covid-19 pandemic that has affected millions of people across the world with lockdowns and restricted economic activity. Amidst this heightened uncertainty all around, there are some key lessons that we should revisit. The most important one being just how unpredictable life is and that we need to be ready to face the unforeseeable challenges of life head-on. This is coupled with confusion and chaos as many people are not sure how to keep themselves safe in an untimely situation. While the Government and Public health-care systems are taking several measures to tackle the challenges of these trying times,...

Decoding intimidating words in insurance policies

Many people end up forfeiting their insurance benefits because they simply don’t understand the words in their policies, says radio and television presenter Pearl Modiadie, who recently facilitated a panel discussion aimed at translating jargon used by the insurance industry. The #wordsmatter event, part of a larger campaign hosted by insurance company Metropolitan, is to prevent anger and frustration for consumers through education, says head of marketing at Metropolitan, Llewellyn Allen. The panelists, professionals from a variety of backgrounds, came together to “decode” intimidating words in the industry and to offer layman alternatives that are more relatable to the everyday South...

New Digital Capabilities from Principal Streamline Term Insurance Purchase Process, Business Wire

DES MOINES, Iowa--( BUSINESS WIRE )--In an effort to increase insurance coverage in the U.S. and simplify the term insurance purchase process, Principal Financial Group has announced a new digital experience, Principal Life Online. This innovative, digital solution streamlines the term life insurance buying experience from application submission to policy delivery. Principal Life Online can save an average of 30 days from the traditional paper term purchase experience and is up to 3x quicker than the previous experience. “Customers expect a seamless online experience in most places they shop, but insurance hasn’t historically been easy to purchase,” said Greg Linde, senior vice president...

Fighting global warming with a term insurance

Patna is facing floods. Earlier, Pune, Madhya Pradesh, Karnataka, Maharashtra, Rajasthan, Himachal among others, suffered flooding. However, during summer, these very areas are facing severe water scarcity, with depleting ground water. Needless to say, all is blamed on global warming. However, to bring in a change, term insurance policy promises to be a good choice. Tata AIA Life Insurance has introduced a new initiative named ‘Rakshakaran Hero’ wherein the insurer will be planting a tree for every Tata AIA Life Insurance term policy sold. “We are really excited about the ‘Rakshakaran Hero’ initiative as it helps us fulfill our objective of ‘giving back...

Max Life Premium Return Protection Plan- Benefits, Features Quotes

Max Life Premium Return Protection Plan Max Life Premium Return Protection Plan in India 2019 Who doesn’t want to have a happy and secure future? Our families tend to play a major role in that dream; their security, well-being, and future also become a part of that bigger picture. Though we try to plan out our future course of actions to the best of our abilities, life is still highly capable of surprising us over with its uncertainties. Therefore, accounting these uncertainties and setting up precautionary measures for personal and familial benefits is a good way to go about it. For instance, a great measure would be to avail of a term insurance plan to ensure security in case of any...

Is Your Term Insurance Plan Sufficient To Protect Your Family?, IndianMoney

You must check if the term insurance plan has sufficient cover to safeguard dependents. If not, make sure to increase sum assured in term life insurance plans. Inflation especially medical inflation is on the rise. It means a rupee today is worth more than a rupee tomorrow. Let’s put this in numbers. When Mr Kiran was single 5 years ago, he had a term life insurance policy with a sum assured of Rs 20 Lakhs. Now, he is married and has two children and believes this sum assured is not sufficient to meet the financial goals of his dependents, including parents. Mr Kiran badly needs to avail a new term life plan or increase cover under the old term life plan. (He basically needs to...

Most hospitals fail Leapfrog surgery standards • Judge OKs short-term insurance plan • How fair workweek could hurt hospitals, Chicago Business Financial News Analysis

LEAPFROG SAYS HOSPITALS AREN’T COMPLYING; AHA CALLS REPORT 'ARBITRARY': The vast majority of hospitals fail to comply with Leapfrog Group's minimum volume standards for eight high-risk surgeries, according to a new analysis, Modern Healthcare reports. But the American Hospital Association says, not so fast. The Leapfrog analysis found most hospitals that participated in the 2018 Leapfrog Hospital Survey perform less than the recommended number of surgeries for the procedures to be performed safely. The Leapfrog volume standards were set by a technical expert panel and target eight procedures that have research showing a strong relationship between outcomes and the number of times the...