Term Insurance

Term insurance is a type of life insurance policy that provides coverage at a fixed rate of payments for a limited period of time, the relevant term.  Afte...

To apply for term insurance, you typically need to provide a 1. Government-issued ID, 2. Income proof, 3. Medical records (if applicable) Depending on t...

The steps to purchase an insurance policy typically include: 1. Selecting the type of insurance, 2. Comparing different policies, 3. Filling out the appl...

The right term length for your insurance policy should align with your major financial obligations and life milestones. Consider factors like your age, fina...

Premiums for term insurance are calculated based on several factors, including the insured’s age, health status, lifestyle choices (such as smoking or alcoh...

Policy exceptions are specific conditions or circumstances under which the insurance policy will not provide coverage. For term life insurance, common exce...

Yes, most term insurance policies have a waiting period, which is the time from the start of the policy to when the full benefits are available. The waiting...

The cooling-off period, also known as the free-look period, is the time frame after purchasing an insurance policy during which you can cancel the policy wi...

Yes, you can cancel your insurance policy any time after the cooling-off period; however, the refund of the premium will depend on the terms of your policy....

Yes, you can add various riders to your term insurance policy to enhance coverage. Common riders include Critical illness rider, Accidental death bene...