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Life insurance is not an asset because it does not generate cash flow. It is an expense that you pay to maintain your lifestyle. Life insurance is a type of risk transfer tool. It helps you manage the risk of dying and provides financial stability in case of death.
Also read to know more about Max Life Insurance: Premium Receipts, Surrender Value, Auto Pay
To check the fund value of your LIC (Life Insurance Corporation of India) life insurance policy online, follow these steps:
To download an Edelweiss Tokio life insurance policy statement, you typically need to follow the below steps.
To download a Canara HSBC OBC life insurance policy statement, you typically need to follow the below steps.
To download a Bharti AXA life insurance policy statement, you typically need to follow the below steps.
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