- Jul 30, 2023
- Theodore Galbraith
- 0 Comments
Was it common to have life insurance in the 1880s?
Well, folks, here's a fun fact: Life insurance in the 1880s was about as common as a unicorn at a Kentucky Derby! It was indeed a novelty, quite like our modern-day love for avocado toast. While there was an awareness about life insurance, it was seen more as an extravagance than a necessity. So, if your great-great-grandad had one, he was definitely living the high life! In short, life insurance wasn't the hot ticket item on everyone's list in the 1880s, but hey, neither were smartphones and we've managed to survive just fine!
- Jul 26, 2023
- Theodore Galbraith
- 0 Comments
Should accidental cover be added in term insurance?
The topic of whether accidental cover should be integrated into term insurance is an important one to ponder. From my perspective, it's a wise move, as it adds an extra layer of security in case of unforeseen circumstances. The reality is, accidents can happen anytime and the financial consequences can be devastating. Including accidental cover in term insurance helps mitigate these financial risks. It's about preparing for the worst while hoping for the best.
- Jul 23, 2023
- Theodore Galbraith
- 0 Comments
Does LIC's e-Term plan cover accidental death?
After researching the specifics of LIC's e-Term plan, I can confirm that it does indeed cover accidental death. This means that in the unfortunate event of a policyholder's death due to an accident, the beneficiary is entitled to a sum assured as per the terms of the policy. It's a relief to know that such protections are in place, providing financial security for those left behind. So, if you're considering insurance plans, the LIC's e-Term plan offers coverage that includes accidental death. Always remember to review and understand the terms of your policy fully.
- Jul 18, 2023
- Theodore Galbraith
- 0 Comments
How do I choose the right insurance for different life stages?
Choosing the right insurance for different life stages can be a daunting task but it's highly essential. As we progress through life, our needs change, so should our insurance coverage. For young adults, health and auto insurance are typically key, while families might consider life insurance and home insurance. As we age, long-term care and disability insurance may become more relevant. It's critical to regularly review and adjust your insurance policies to ensure you're adequately covered at each stage of your life.