HDFC Life Insurance registered 18.47% growth at ₹245.63 crore for the quarter that ended on December 31, 2018.
Among all major segments, Life Insurance happens to be one of the largest & one of the fastest growing in India.
According to a survey, life insurance penetration in India is less than 3% as compared to other developing nations.
In fact, in most cases, people in their 20s do not even think of buying a life insurance policy.
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The policy covers 36 critical illnesses and also has a premium waiver feature
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There is no limit to the number of life insurance policies you can buy
It will depend on the time period that has lapsed since you last paid your premium due
There are possibilities that it can be attached in the event of insolvency of the insured
The easiest way in which you can pay the premium is through online banking
Under some exceptional circumstances they may refuse the payment of policy proceeds
A policy bought under the MWPA becomes the absolute property of the married woman and works like an assignment