Are term insurance and life insurance the same?

Related Questions

• 
  Shailesh Kumar
  

  Co-founder, Insurance Samadhan . Answered on January 05,2022
  In a term plan we are paying premium every month for the coverage but what if a person face death early (say after one year only of taking life insurance) in the period so he has not paid the amount of the coverage so will his family be getting the full coverage amount?
  Yes , claim will be payable .That is the purpose of Insurance to cover the risk of uncertain event ...
  
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• 
  Shailesh Kumar
  

  Co-founder, Insurance Samadhan . Answered on November 17,2021
  If I die after just 2 years of life term insurance, am I guaranteed to get the full amount?
  No , as per Section 45 a claim can not be repudiated after payment of 3 annual premium and ...
  
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• 
  Shailesh Kumar
  

  Co-founder, Insurance Samadhan . Answered on December 17,2021
  If i bought a term life insurance and I end up paying till maturity age. What's my benefit then ? will I get any premium ?
  Dear  Pure Term Insurance offer sum assured on death only and nothing is payable on survival . However , there are ...
  
  1 0 42
• 
  Shailesh Kumar
  

  Co-founder, Insurance Samadhan . Answered on November 24,2021
  How do we determine the right life insurance amount ?
  Dear  It should be done through HLV ( Human Life Value ) method For example : You are 30 year old ...
  
  1 0 25
• 
  Shailesh Kumar
  

  Co-founder, Insurance Samadhan . Answered on April 17,2022
  Is it possible to have multiple term life insurance as salary increases and if yes then is it possible to claim from all if something happens ?
  Yes , one can have multiple insurances and all claims are payable . Please ensure that all insurances policies ...
  
  1 0 26
• 
  Robert James
  

  20+ years of experience in IRS matters .
  Is there a way to prevent my sister's estranged father, who hasn't been involved in her life since she was 12, from claiming her and her baby on his IRS taxes this year, potentially leaving her with nothing? He never formally relinquished parental rights, and we're looking for guidance on how to handle this situation.
  Your sister can try to get an Identity Protection PIN for herself; it will be harder to get one ...
  
  1 0 3
• 
  Citizen Helpdesk
  

  Curated Answers from Government Sources . Answered on August 21,2022
  15 വർഷമായി ബാങ്കിൽ (കേരളാ ഗ്രാമീണ ബാങ്ക്) ജോലി ചെയ്യുന്ന ഒരു വ്യക്തി Pink Ration card ഉപയോഗിച്ച് റേഷൻ സാധനങ്ങൾ വാങ്ങുന്നു ഇത് നിയമ വിരുദ്ധം ആണോ ? ആൾക് വേറേ വൈകല്യങ്ങൾ ഒന്നും ഇല്ല normal life ആണ്.
  ബാങ്കിലെ സ്ഥിര ജീവനക്കാരനാണെങ്കിൽ Pink Ration card-ന് അ‍ർഹനല്ല Source: This answer is provided by Civil Supplies Department, Kerala.
  
  1 0 82
• 
  Yasi Klm
  

  Answered on June 09,2022
  ലൈഫ് മിഷനിൽ പേരുണ്ടോ എന്നു മൊബൈൽ വഴി അറിയാൻ പറ്റുമോ?
  മൊബൈൽ വഴിയും അറിയാൻ കഴിയും. Life Mission  ലിങ്കിൽ കയറി താങ്കൾക്ക് പരിശോധിക്കാവുന്നതാണ്.
  
  1 83 1931
• 
  Mana Sachivalayam
  

  Answered on September 03,2021
  Does obc certificate issued by Andhra Pradesh Government in 2017 has life time validity?
  No OBC certificate has validity of 3 years,  It need to be applied freshly again. It is not valid for ...
  
  1 0 311
• 
  Kalyani Narayanan
  

  Answered on December 17,2022
  Is it worth to take term insurance even if my organisation provides me mediclaim & life insurance?
  If you leave your company, your medical and life insurance will stop existing.  Most of the companies do not ...
  
  1 0 36
• 
  Kalyani Narayanan
  

  Answered on December 06,2022
  Term life insurance policy issue with wrongly mentioned personal history. How can i resolve this issue?
  You have to contact the company and tell them to change it. They may ask for proof. For example, ...
  
  1 0 118
• 
  Jane Joness
  

  Answered on June 21,2023
  What is the difference between Life Insurance, Term Insurance and Health Insurance?
  Life insurance provides financial security to your loved ones in the event of your death. Term insurance is a ...
  
  1 0 60