FAQ’s

Do you know

—Select— what is the need of Life Insurance? what is the “free to look” period? what is the difference between Term and Permanent Life Insurance? what is the difference between a participating and non-participating policy? what does “Fully Paid Up” mean on a Permanent Life Insurance Policy? what will happen to my policy If I fail to pay my premium on time? what happens If I fail to make the required premium payments? which are the traditional Life Insurance instruments available?

Do

—Select— I really need Life Insurance?

How

—Select— do I know If the agent is authorized to sell LIfe Insurance policy? does a LIfe Insurance company evaluate my risks? much will I receive If I surrender my LIfe Insurance policy? much will I be paying for my insurance cover and will I be able to afford the premiums over the long term? do I make a claim?

Can

—Select— I get full refund of premium If I cancel my policy within the free look period?

Should

—Select— I cancel my existing policy and replace it with another? I pay my premiums through the agent?
Disclaimer:
The above material is provided for general information only and do not constitute legal or other professional advice. This information is current at the date of publication but may be subject to change without notice and accordingly, may not be up to date at the time of viewing. Information specific to a product may be obtained from the concerned Insurer.