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Edelweiss Tokio Life CritiCare+ Scores a Plus in 3 Important Areas


Think of term life insurance and we have so many options offering different permutations and combinations. We also have specific products getting launched every now and then. Buying an insurance plan is a long term decision and the first step would be to list out the priorities and choose a few of the companies and the products suitable for the requirements.There are many ways to select insurance products and one such way is checking out online insurance portals such as PolicyBazaar where important features of the products are compared for our convenience. Though the comparison lists out the benefits offered by many insurance providers, there are few important features that must be analyzed before finalizing an insurance plan.

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Watch Out – the Impact on Insurance Policies in Budget 2012

At the first glance, there was no significant announcement on the insurance sector in the Budget. However, there are some amendments tucked away in the voluminous Budget documents that could have far-reaching implications on the way you treat insurance. To begin with, all regular-premium life insurance policies issued after April 1, except pension plans, will have to offer a protection cover of at least 10 times the annual premium. Otherwise, they will not be eligible for tax benefits under section 80C and 10 (10D).
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