Children’s Day is a call to action, urging us all to protect the dreams and futures of the younger generation. As an insurance partner, Children's Day presents a meaningful opportunity for everyone to go beyond business and truly make a difference by helping parents secure their child’s future through a Child Insurance Plan. While we celebrate their joy and curiosity, let’s also take a moment to think about securing their tomorrow.

The growing digitization has brought a drastic change in the insurance industry. With the help of technological advancements, digital life insurance demand has increased significantly, streamlining the underwriting process, purchasing procedure, and claim process as well. Customers receive real-time updates on new policies, while partners gain instant policy quotes with the assistance of digital platforms, including data analytics and AI. 

Got questions about life insurance? Check out these FAQs to understand how life insurance protects your family, secures your future, and helps you plan your finances smartly.

You must have wondered what happens when you stop paying your life insurance premiums. Does the life insurance lapse right away, or do insurers offer some leniency? What happens if you don’t pay during the life insurance premium grace period as well? You often think about whether there will be a total loss of your coverage and death benefits to your beneficiaries, or some deductions for failed premiums, and if there will be any policy revival.

Life insurance is not only one of the most effective ways to secure a family’s financial future, but also a ray of hope when you are not around.  The Indian government has introduced a range of affordable life insurance schemes designed for people from every walk of society, particularly households with a lower income range. These Government life insurance schemes in India offer low premiums, all-encompassing coverage, and dependable support for millions of Indians.

What happens if you run out of money? This is a scary thought that often concerns retirees or those who are nearing retirement from their jobs. That the paychecks will stop and savings will gradually extinguish with no additional income is worrying indeed. But here’s a plan that can keep your savings intact while providing a steady source of income — an immediate annuity in life insurance.