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Life insurance Blog, Articles & News

Our Life insurance blog offers a wealth of information, articles, tips and reviews to help you make the best decision for you and your loved ones. Stay informed with the latest information on Life insurance and make an informed decision. Browse our blog for expert advice and read reviews of various Life insurance policies. Make sure you're covered with the right plan by following our Life insurance tips.

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bajaj allianz claim settlement ratio
By Okbima 01 Jul 2024 373

Bajaj Allianz Claim Settlement Ratio: How It’s Calculated & Why Check?

Bajaj Allianz Life Insurance is a joint venture between the Bajaj Group Of India & Bajaj Finserv Limited which offers many life insurance products to suit various needs. With a reported claim settleme…

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aditya birla claim status
By Okbima 28 Jun 2024 506

Aditya Birla Sun Life Insurance (ABSLI): Check Policy & Claim Status

  It is important to understand and review the details of your Aditya Birla Sun Life Insurance policy before making any changes or decisions. Whether you are a current customer managing your policy…

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when-life-insurance-policy-lapse
By Okbima 25 Jun 2024 342

When Life Insurance Policy Lapse? Reasons, Effects & Prevention

  When a life insurance policy lapses, it means that the policyholder has failed to make the required premium payments. The most common reasons for a policy lapse include financial difficulties, or…

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whole life insurance benefits
By Okbima 24 Jun 2024 261

Whole Life Insurance Benefits: Meaning & Why Buy From Okbima?

  Whole life insurance provides coverage for your entire lifetime with guaranteed lifetime coverage, cash value accumulation, fixed premiums, and a death benefit for your nominees. Okbima offers co…

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why life insurance is required
By Okbima 21 Jun 2024 245

Why Life Insurance Is Required? Types & Choose The Best Policy

  Life insurance is necessary that provide protection and security for your family in the event of your untimely death. There are many types of life insurance policies available, such as term life,…

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can you have more than one life insurance policy
By Okbima 19 Jun 2024 320

Can You Have More Than One Life Insurance Policy?

  Yes, it is possible to have multiple life insurance policies in India. There is no restriction on the number of life insurance policies an individual can purchase. However, insurance companies ma…

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can life insurance be transferred to another company
By Okbima 17 Jun 2024 270

Can Life Insurance Be Transferred To Another Company? Transfer Process

  Can Life Insurance Be Transferred To Another Company? Yes, life insurance policies can be transferred from one company to another through a process known as a policy transfer. However, the proces…

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can life insurance policy be used as collateral
By Okbima 14 Jun 2024 289

Can Life Insurance Policy Be Used As Collateral?

  A life insurance policy provides peace of mind for your family. However, you can not use a life insurance policy as collateral but you can take a loan against your life insurance policy. Let’s un…

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hdfc policy status by policy number
By Okbima 12 Jun 2024 492

Check HDFC Policy Status By Policy Number: Online, Offline & Through Mobile App

  HDFC Life Insurance provides an easy process to check your HDFC Policy Status By Policy Number online, offline & the mobile app. Just give your policy number to quickly see details like premium p…

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why life insurance is not a contract of indemnity
By Okbima 10 Jun 2024 607

Why Life Insurance Is Not A Contract Of Indemnity?

  Life insurance is not considered a contract of indemnity because it does not reimburse the insured for their financial loss. Instead, life insurance provides a specified insured amount to the nom…

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how to claim term insurance after death,
By Okbima 07 Jun 2024 256

How To Claim Term Insurance After Death? Required Documents & Factors To Consider

  How To Claim Term Insurance After Death: When a family member passes away, it can be difficult to file a claim for a term insurance policy. To successfully file a claim, you will need to provide …

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hdfc life insurance online payment
By Okbima 05 Jun 2024 296

HDFC Life Insurance Online Payment: Benefits & Information Need To Make Payment

  HDFC Life Insurance Online Payment: HDFC Life Insurance is a leading provider in India with over 40 million customers (as of March 2024) and offers many life insurance plans for your financial pr…

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