If the insurance policy comes with survival benefits, the insurance company will not pay the maturity benefit automatically. Hence, the maturity benefit of the endowment plan will not be processed automatically. The insurance company will track the records of policyholders and will send reminders on important matters related to insurance policies at regular intervals. The…
Tag: financial benefits
4 Major Reasons Why Child Plans make good sense
The fast-paced world of today requires a proactive financial management to take care of the important events and milestones of the life. Its effects can be seen in the investment products as well as investors. One such product is insurance. Instead of yesteryears insurance plans that major emphasized on the breadwinner’s life the modern options…