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Understanding riders in term insurance: which ones to choose?

Life is unpredictable. The effects of a loss of life in a family not only affect the demised person, but the family members also suffer tremendous emotional and financial crunches, especially when the demised was the principal breadwinner.   Considering such unpredictability, the insurance companies have launched term life plans. This is essentially a life cover plan, exclusively crafted to sustain the family members after the policyholder’s demise.  

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How much term insurance coverage do you really need?

Term insurance is an extremely crucial necessity. It acts as a financial security net for your beloved family without much pocket pinch. Term plans also allow tax benefits along with enhanced life coverage protection.   However, you must ensure that you get the most out of it once you purchase it. This calculation is quite crucial to exercise your term cover to the fullest.  

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How to Use Paybima to Buy the Best Health Insurance Policy Online?

Buying health insurance online can be overwhelming with so many options around. Paybima, an online insurance broking platform by Mahindra Insurance Brokers Ltd., eases the process of comparing, choosing, and purchasing the best health insurance policy after tailored evaluation. For a first-time buyer or an upgrade buyer, turning to Paybima will help you out with a more step-wise approach. Thus, here's how to make the best use of Paybima.  

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