Insurance Guide

term insurance vs life insurance

Term Insurance vs Life Insurance in 2025 | Differences, Benefits & How to Choose ?

1. What is Term Insurance? Term Insurance is a pure protection plan that offers coverage for a fixed period (e.g., 10, 20, or 30 years). If the policyholder passes away during this term, the nominee receives the death benefit. If the policyholder survives the term, there is no maturity benefit unless you opt for a

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Pre Existing Disease Pre Existing Disease Waiting Period Exclusions in Health Insurance

Pre-Existing Disease Waiting Period & Exclusions in Health Insurance

Health insurance is one of the most important financial tools for safeguarding against rising medical costs. However, many people are surprised to find that their pre-existing health conditions are not immediately covered after purchasing a policy. Understanding the waiting period for pre-existing diseases (PED) and the list of permanent exclusions is essential to avoid claim

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