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accelerated sum assured


Banks
Citibank

Citibank

Business Loan : CitiBusiness gives you an array of business lending products like Fast Track Loans, Secured Term Loans and Overdraft Facility. Be assured of all...
Loan Faqs
Faq

What is the moratorium period ? :

Moratorium Period is a holiday on repayment which would be for the course period + 1 year or 6 months after the student gets a job/start earning whichever is earlier. Some banks will also allow you a moratorium on payment of interest. This means that you can defer payments of even the interest...
Faq

Is there any kind of repayment that has to be made in the moratorium period ? :

Interest would have to be paid during the moratorium, the interest servicing would be of simple interest calculated on the loan amount disbursed payable monthly. Some banks will also allow you a moratorium on payment of interest. This means that you can defer payments of even the interest during...
Insurance
Kotak Mahindra Old Mutual Life Insurance Limited

Kotak Mahindra Old Mutual Life Insurance Limited

Kotak Mahindra Old Mutual Life Insurance Ltd. is a joint venture between Kotak Mahindra Bank Ltd. and Old Mutual plc, a South African savings and wealth management company founded in 1845. Kotak...
Life Insurance: ULIP Plan : Kotak Privilileged Assurance Sum
Insurance Faqs
Faq

What happens when I make a claim on a Critical Illness Plan? Does the policy still continue? :

Usually, the policy would cease in the event of a claim. However, certain insurance plans offer to cover the insured for the remaining critical illnesses, at a lower sum assured and a revised insurance premium.
Faq

How the premium on life insurance is calculated? :

Your life insurance premium is calculated based on your age, health, terms of the insurance policy and the amount assured.
Insurance Blogs
Blog

Deciding about the amount of life insurance

People go for various life insurance policies due to their many benefits. The amount of life insurance depends on many factors. Ideally the sum assured should provide for all the needs of your family like children's education and marriage while meeting the daily basic expenses when the insured...


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