In this blog, we shall walk you through some of the key features and benefits of Axis Max Life Smart Term Plan Plus.

For purchasing term plan, one of the important factors considered by the insurance providers is your health. If you’re someone dealing with Diabetes, Type I or Type II, you might assume that you are ineligible for a pure protection term plan. However, currently you do have the option to get life cover under specially designed term plan for diabetics.

So, if you have diabetes but you keep it well-managed and your blood sugar levels are regularly monitored, the chances of getting protected with a term plan for diabetics are pretty good. In this blog, we will guide you about the eligibility for term insurance for diabetics along with the benefits and features of this type of term insurance plan.

One of the primary reasons to buy life insurance such as a term plan is to safeguard the financial interest of your loved ones in the case of your unexpected demise. One of the ways in which a legal safeguard is provided to ensure the financial protection of life insurance policy beneficiaries such as dependent married women is through the Married Women’s Property Act (MWPA), 1874. This act grants specific rights to dependent married women who are beneficiaries of life insurance policies where the husband is the life insured. Read on to know some key details of the MWP Act, 1874 and how it relates to term insurance policies in India.

As important as it is to purchase insurance, whether, for life or health, it is also critical to understand what it covers and stipulates. To fully understand it, however, we need to know the terms of insurance and phrases that are often used.

Here we will explain popular terms of insurance, such as health and term insurance, so that the next time you read an insurance policy, you will have a better grasp of it.

Term insurance is one of the most commonly known type of insurance in India. It allows you to create a financial shield for your loved ones and prepare for unpredictable life events. The primary function of term insurance is to provide the family with compensation upon the insured's untimely demise. Further, there are variants that offer additional features.

You may have heard that term insurance is beneficial if you invest in it earlier in life. However, that does not imply that term insurance for senior citizens is not valuable. If we look back a few years, term insurance for senior citizens was not an available option. Now, people beyond 60 years can also avail of the benefits of senior citizen term insurance plans.

Each of us wants to leave behind enough for our family. Regardless of the age of the person, it is vital to secure an income source for them.

Let's see what makes term insurance for senior citizens essential for you.