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How a Term Insurance Calculator Helps You Plan Better?

Let’s be honest – life insurance planning isn’t exactly someone’s weekend hobby. It is the financial equivalent of flossing: we understand its importance, but we tend to put it off. But somewhere between balancing work and life, you might realise you need to have a solid plan in place – just in case. That’s exactly where term life insurance comes in. If you are wondering how much insurance coverage you need to have or whether you are paying too much in premiums, allow us to introduce  the low-key MVP of financial planning: an online term insurance calculator. Now, before you think of this as another confusing financial tool filled with acronyms and numbers,give it a moment. This simple online calculator might be the most practical insurance planningassistant you have used. So, let’s deep dive and understand what it is exactly.

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Anti-Theft Device Benefits and their Impact on Car Insurance Premium

Car theft was a major concern that car owners were worried about for long in India. Even though it still prevails, but the numbers have gone down considerably because of the installation of various anti theft devices over the years. These devices not only enhance your car’s security, but also reduces the insurance premium of your vehicle to a great extent. This is because the installation of anti theft devices in a car guarantees almost no claims of car theft. So, the insurance companies offer good discounts on premiums to car owners having such devices installed in their car. However, you must note that such discount is not available in third-party policies. If you are considering anti theft devices to install in your car to prevent theft, you can do so by installing an Automobile Research Association of India or ARAI approved anti theft device.

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If you have any questions on how to choose the best insurance plan, you can connect with our IRDAI certified insurance advisors.

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