• ALL DEALS
    A child life insurance plan is essentially an investment plan

    iStockPhoto What is the cost of a living rider in a life insurance policy? —Kanishk Mahapatra There are two types of cost of living riders. One is a benefit to account for inflation and the need to replace higher income. Several life insurance products factor this in by having an increasing sum assured with age. […]

  • NEWS
    Underwriting practices vary across insurance companies

    Pradeep Gaur/Mint Can a dent on the car be reason enough for not giving it insurance coverage? My car’s insurance is due for renewal and they are asking me to fix the dent on my own. —Rakesh Sundria Underwriting practices vary across insurers. However, it is not usual to deny coverage due to a pre-existing […]