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Life insurance is an important financial tool for most people. It provides a financial cushion that can help pay for unforeseen events such as death or illness. However, life insurance policies do not cover all types of risks. Skydiving is a risky activity that can potentially cause death. Skydiving accidents are typically excluded from the life insurance policy and the person who purchased it would have to purchase a separate policy to get coverage if they decide to partake in the activity.
Term life insurance cover refers to the amount of money (sum assured) that the policy will pay to the beneficiary if the insured person passes away during the policy term. It is the financial protection provided by the insurance policy.
Term Life Insurance coverage refers to the financial protection provided by a Term Life Insurance policy. In exchange for paying regular premiums, the policyholder's beneficiaries receive a predetermined death benefit if the insured person passes away during the policy's term. This coverage is temporary and ends when the policy expires.
Yes, it is possible to increase your term life insurance coverage in India. Term life insurance provides coverage for a specific period and offers a death benefit to the beneficiaries if the policyholder passes away during the term. If you currently have a term life insurance policy and wish to increase the coverage, here are some steps you can take:
Yes, term life insurance policies in India generally cover death resulting from cancer, subject to certain conditions and policy terms. Here are some key points to consider:
Yes, life insurance in India generally covers death resulting from cancer, subject to certain conditions and policy terms. However, it's important to understand the specifics of the life insurance policy you are considering. Here are some points to consider:
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