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# insurance-glossary
Professional Tax: What is It and Why is It Deducted from Your Salary?

Have you ever gone through your salary slip and noticed that some of your income is being deducted under the tag of ‘professional tax’? Contrary to popular belief, professional tax is not just paid...

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26 Sep 2024

37

What_is_TAT_in_Life_Insurance_mobile
# insurance-glossary
What is TAT in Life Insurance?

You might already know what ‘Turn Around Time’ or ‘TAT’ means. This term is especially common in a professional setting.

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19 Sep 2024

105

what_is_the_Vesting_age_of_an_annuity_plan_mobile
# insurance-glossary
What is the Vesting Age for Retirement/Pension Plan?

Annuity plans are a great investment for those who want to secure their financial future post-retirement.

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12 Sep 2024

75

what_is_Deferment_Period_in_an_Annuity_Plan_mobile
# insurance-glossary
What is Deferment Period in an Annuity Plan?

Retirement planning is crucial to ensure a stable and prosperous life during your golden years. And one of the best ways to get regular income after retirement is to invest in an annuity plan.

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11 Sep 2024

63

What_is_the_Payout_Period_for_Life_Insurance_Policies_mobile
# insurance-glossary
What is the Payout Period for Life Insurance Policies

Like any other financial product, life insurance plans also have various terms and conditions when it comes to their payouts.

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06 Sep 2024

96

609-by-334-What-+is-a-Non-Forfeiture-+Benefit-V1
# insurance-glossary
What is a Non-Forfeiture Benefit in Life Insurance?

Life insurance plans are an important investment that safeguard your loved ones in your absence. This is why you need to thoroughly understand each part of your policy document.

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22 Aug 2024

179

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