Glossary
Glossary
Grace Period
Grace Period is the additional time you get as a policyholder after the due date to pay your premium. Read more to understand the importance of grace period.
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What Is a Systematic Withdrawal Plan (SWP)?
A Systematic Withdrawal Plan (SWP) is a facility that allows you as a policyholder to withdraw funds from an existing policy at predetermined intervals. This entire investment procedure is termed...
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Beneficiary
The meaning of BENEFICIARY is a person or thing that receives help or an advantage from something. Understand the meaning of beneficiary in Life Insurance.
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Riders
Life Insurance Riders are add-on benefits that can enhance the coverage of your base policy. Read on to know more about the types of riders and their benefits.
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IRR - The Internal Rate of Return
Understand the Internal Rate of Return (IRR) in insurance. Visit our glossary entry on 'Internal Rate of Return (IRR)' for insights into investment performance.
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