Term Insurance Meaning In Marathi

In case of death of the insured individual during the policy term, the death benefit is paid by the company to the beneficiary. वर्ष के प्रत्‍येक दिन उत्‍सव मनाया जाता है। पूरे विश्‍व की तुलना में भारत में अधिक त्‍यौहार मनाए. Life insurance plans in india normally fall under two major categories namely “whole life insurance plan” and “term life insurance plan”.

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The insured person can nominate one or more person as his/her nominee.

Term insurance meaning in marathi. A person who receives the benefit in case of death of the insured person is a nominee. Lic online term plans can be purchased online at a lower premium rates by visiting the company’s website whereas, the lic term plans can be bought through the intermediaries. The important principle of insurance are as follows:

The insured person chooses or nominates his/her nominee at the time of buying the life insurance policy. The principal language of the state of maharashtra. Endowment tipe of policies there are money back policies also available to fecilitate.

Thus, the plan is an endowment cum whole life insurance plan. Another type of insurance available in india is health insurance. While you are buying the plan, in the application form, you will see this question:

It gives you protection you against the medical costs incurred in hospitalization due to illness or accident. | meaning, pronunciation, translations and examples Nominee is usually the spouse, children or parents.

The main motive of insurance is cooperation. I would like to buy this policy under the married women's property act (1874) just select yes for this question.once selected, you will have to enter the beneficiary and trustee details e.g. भारत त्‍यौहार और मेलों का देश है। वस्‍तुत:

This coverage, provided under term insurance plans, is paid as death benefit upon the demise of the insured during the policy term. I do agree with earlier answers. The insurance is not only a protection but is a sort of investment because a certain sum is returnable to the insured at the death or the expiry of a period.