Term plans are an important risk mitigation tool that one should take as early as possible in one's career.

Before purchasing a life insurance policy, you must consider your financial obligations, future expenses, and family needs, and based on your current stage and expectations, pick the right one for you.

LIC’s ‘Jeevan Utsav’ scheme is a guaranteed income plan for life, and anyone aged 90 days to 65 years is eligible for the policy.

If the legal heir claims proceeds as per Hindu law, the legal heir will have to submit a legal heirship/succession certificate from the court, which will determine the split in proceeds