life insurance Archives - Page 2 of 5 - Insurance Life Galaxy Blog

A Step-by-Step Guide to Scheduling a Life Insurance Appointment Over the Phone

by insurancelifegalaxy.blogFinance 6 March 20246 March 2024No Comments

Life insurance is an essential financial tool that provides peace of mind and financial security for you and your loved ones. However, before you can secure a life insurance policy, you’ll need to schedule an appointment with an insurance agent to discuss your options and complete the necessary paperwork. In this blog post, we’ll guide …

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The Benefits of Choosing an Insurance Advisor for Your Life Insurance Policy

by insurancelifegalaxy.blogInsurance 6 March 20246 March 2024No Comments

Life insurance is an essential financial tool that provides protection and peace of mind for you and your loved ones. When it comes to purchasing a life insurance policy, you may be faced with the decision of buying online or seeking the guidance of an insurance advisor. While the convenience of buying online may be …

Why You Should Buy Life Insurance Policies from an Insurance Advisor

by insurancelifegalaxy.blogFinance 3 March 20243 March 20245 Comments

Life insurance is a crucial financial tool that provides security and peace of mind to individuals and their loved ones. It offers financial protection in the event of an untimely death, ensuring that your family is taken care of even when you’re no longer around. However, with the multitude of options available in the market, …

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Term Insurance: A Safety Net for Your Family’s Future

by insurancelifegalaxy.blogFinance, Financial Planning, Insurance, Personal Finance 23 February 202423 February 202420 Comments

When starting a career, many young individuals are focused on building a strong foundation for their professional lives. However, it is equally important to prioritize the well-being and security of your loved ones. This is where term insurance comes into play. In this blog post, we will explore the importance of term insurance and why …

Mutual Fund vs Unit Linked Plan with Life Insurance Companies: A Comprehensive Comparison

by insurancelifegalaxy.blogInvestment 23 February 202423 February 20249 Comments

When it comes to investing your hard-earned money, there are several options available in the market. Two popular investment avenues are mutual funds and unit-linked plans (ULIPs) offered by life insurance companies. While both options provide opportunities for wealth creation, it’s essential to understand the differences between them to make an informed decision. What is …

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Pradhan Mantri Jeevan Jyoti Bima Yojana: A Lifeline for Financial Security

by insurancelifegalaxy.blogFinance, Financial Planning, Government Initiatives, Government Scheme, Government Schemes, Insurance, Investment 8 February 20248 February 20242 Comments

Financial security is a crucial aspect of our lives, and having a safety net in place is essential to protect ourselves and our loved ones. In India, the government has introduced several schemes to promote financial inclusion and provide affordable insurance options to the masses. One such initiative is the Pradhan Mantri Jeevan Jyoti Bima …

Demystifying the Terminologies in Life Insurance Traditional Plans

by insurancelifegalaxy.blogInsurance 8 February 20248 February 202411 Comments

Life insurance is a critical financial tool that provides financial protection to your loved ones in the event of your untimely demise. While there are various types of life insurance plans available in the market, traditional life insurance plans continue to be a popular choice for many individuals. However, the terminologies associated with these plans …

Essential Questions to Ask When Buying Life Insurance

by insurancelifegalaxy.blogBlog, Finance, Financial Planning, Health, Insurance, Personal Finance 31 January 202431 January 202435 Comments

Life insurance is a crucial financial tool that provides a safety net for your loved ones in the event of your untimely demise. It offers financial protection and peace of mind, ensuring that your family’s financial needs are taken care of even when you are no longer around. When it comes to buying life insurance, …

Know Your Customer Documentation Process to Obtain a Life Insurance Policy

by insurancelifegalaxy.blogInsurance 29 January 202429 January 2024One Comment

Obtaining a life insurance policy is an important step towards securing the financial future of your loved ones. To ensure a smooth and efficient process, insurance companies require customers to complete a Know Your Customer (KYC) documentation process. This process helps verify the identity and eligibility of individuals seeking life insurance coverage. Why is KYC …

Difference between Traditional and Unit Linked Plans in Life Insurance with Case Studies

by insurancelifegalaxy.blogBlog, Finance, Financial Planning, Health, Insurance, Personal Finance 29 January 202429 January 202422 Comments

Life insurance is an essential financial tool that provides protection and financial security to individuals and their families. When considering life insurance, it is important to understand the different types of plans available. In this article, we will explore the difference between traditional and unit linked plans in life insurance, along with real-life case studies …