What is Money9: Increased demand for single premium policies, know the benefits associated with them?: In today’s market, insurance companies pay special attention to single premium policies. According to the agents associated with it, there are many benefits of this policy. Who should buy this policy, when should I buy it and why should I buy it?
The importance of knowing this well cannot be overstated. Those who are unsure about their ability to pay regular premiums in future. A single premium insurance policy is a better option for them.
Single premium policies are in high demand
According to Kotak Institutional Equity Research, the share of a single insurance policy in the total premium income of insurers has increased to 79 per cent since July last year. A single premium insurance policy does not require periodic premium payment.
How and to what extent will you benefit from this policy? You can watch this full show of Shanti by downloading Money9’s application. You can download this app by clicking here. http://onelink.to/gjbxhu . go to
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Money9: Life insurance companies these days are giving special emphasis on single premium policy business. The agents associated with them list out the many benefits of buying this policy. Who is this policy useful for, when and why should I buy it? It is important to know about this.
For those who are not sure whether they will have the money to pay regular premiums in future, a single premium insurance policy is a more useful option. According to Kotak Institutional Equity Research, the share of single premium insurance policies in the total premium income of insurance companies has increased to 79 per cent in the last one year till July. In a single premium insurance policy, you do not have to pay premiums from time to time. How much and how much will you benefit from this policy?
