by Lokmanya | Dec 16, 2024 | Insurance
What is a Pension Plan? A pension plan is an investment option designed for your post-retirement life. It allows you to save money either through a one-time lump sum or regular payments over time. These plans guarantee a steady income after retirement, ensuring a...
by Lokmanya | Dec 13, 2024 | Insurance
What Is a Waiver of Premium Rider? A waiver of premium rider is an insurance policy clause that waives premium payments if the policyholder becomes critically ill, seriously injured, physically impaired or death of payer. Other stipulations may apply, such as meeting...
by admin | Nov 26, 2024 | Insurance
Several women continue to rely on male family members and lack control over their assets. The Married Women’s Property Act (MWPA) provides financial security for married women and their children. Explore the significance and advantages of the MWPA in India to...
by admin | Sep 6, 2024 | Blog, Insurance
Your vehicle is a significant investment and an essential part of your daily life. Lokmanya Multipurpose Co-op Society Ltd., in collaboration with ICICI Lombard, New India Insurance, and IFFCO-Tokio, offers comprehensive vehicle insurance plans designed to protect...
by admin | Sep 4, 2024 | Blog, Insurance
Life insurance is a fundamental component of a robust financial plan, offering peace of mind that your loved ones will be financially secure in your absence. When choosing a life insurance policy, it’s essential to consider various factors such as coverage amount,...
by admin | Sep 2, 2024 | Blog, Insurance
Life insurance comes in many forms, but term and whole life insurance are the most common, each serving different purposes and offering distinct benefits. Term life insurance provides coverage for a specific period (e.g., 10, 20, or 30 years) and is typically less...
