Canceling a Life/Term Insurance Policy: Is it Worth It and How to Do It?

A lot of people cancel their term or life insurance policy every year even though it provides financial protection to their families in the event of the policyholder’s untimely demise.  Many opt to cancel the term life insurance to free up funds for other financial priorities. However, most suggest against surrendering the policy. To clear […]

Evolution of Life Insurance in India: History and Present

In 2024, life insurance is the cornerstone of every financial plan. It safeguards your loved ones’ financial well-being in the unfortunate event of your passing. But do you know that it wasn’t always the comprehensive product it is today? Yes, you read it right! Much like technology, life insurance has undergone a remarkable evolution over […]

Here’s How The Life Insurance Claims Process Works

Navigating the life insurance claims process can often seem daunting, especially during the emotionally challenging time following the loss of a loved one. However, understanding this process is crucial for ensuring that the benefits of the policy are efficiently and effectively received by the beneficiaries. That’s why Aapka Policywala – a trusted online insurance company […]

Grace Period of Life Insurance: Everything You Need to Know

The concept of a grace period is especially significant in the complex world of insurance. A world where timely payments are crucial for guaranteed financial security. However, many policyholders in India, especially those who recently bought one, are unaware of this crucial period. They don’t know how a grace period works or how it can […]