Tag: Insurance

Tips on getting life insurance for military spouses

hand writing life insurance

Life is unpredictable; you never know what lies ahead. If you are in Armed Forces, your life is at threat most of the time; you never know when you have to go to war or be positioned at the border for vigilance.

Like any other civilian, military people too have the right to insurance. Specifically, if your partner is not into military, ensuring your spouse’s life becomes mandatory to secure their future and with that of familys too. Here is how to get life insurance on your military spouse. It is easy and aided by government.


Here are few tips on getting life insurance for military spouse:


 Get all information about Army group Insurance Fund



When you are an Army Personal Government cuts a certain amount from your pay and puts it into AGIF and you reap the benefit once it matures and is given back to you or your family

Apart from Army, there are general insurance companies which give special benefits to people working in armed forces, check out the terms and conditions there and create an account there too.

life insurance Postal Insurance services

Apart from the banks even postal services of India, provide Insurance policy services and give due benefits to armed forces families and dependants, being a government run organization, you will be assured of safety and security of your military spouse.

Being in Military services the banking services give you faster transaction services, hence you need minimum documentation to get the policy done.

In case of any causality on field, there is no need of death certificate only an Initial Occurrence report from the commanding officer will serve the purpose; hence the private banks follow similar policies across the nation.

Thus, this is just a small overview of what all you should be aware of being in military service for the country, so that you not only serve your mother land and protect it from various calamities but you also serve your assigned duties towards your family, which requires protection and a means to survive in your absence.…

5 Essential Insurance Polices

Insurance policies are some form or risk management tools that protect business and individuals use them as a way of protecting themselves against potential losses at a reasonably accepted rate. Ideally, the main objective is to indemnify the insured when the insured risk hits. As such, you need to engage with an insurance agency to take care of  some common perils. There are various types of insurance plans.

Main types of insurance policies

Home insurancehealth insurance

The cost of buying a home has made this farfetched dream to many. In case you have one, you have every reason to safeguard it from unforeseen events. This way, you do not have to worry about the future. However, for you priced possession to remain intact, you need to get the right home insurance policy.

Auto Insurance

Auto insurance is mandatory for all car owners. This insurance policy takes care of damages or losses incurred during an accident. There are two main types of auto insurance policies; third party and comprehensive policies. The only difference between these two plans is that comprehensive policy covers your vehicle.

Life insurance

Life insurance takes care of persons dependent on you. As such, if you feel that your spouse, children, or any of your dependents would face some hardships once you die, life insurance policies are a good way to ensure they live comfortably.

Health Insurance

The soaring costs of medical care can pose a significant financial burden on one’s life. A simple visit to a doctor can be quite expensive. Moreover, serious injuries and surgical operation can be quite costly particularly when you rely on a tight budget. As such, this insurance plan is recommended for everyone considering that the occurrence of illness, injuries and other medical conditions occur when you least expected.

disabilityAccident and disability insurance

The prospects of disabilities are high in this fast-paced world. Unfortunately, some people opt to ignore it all together. As much as you would never wish or expect to be disabled, it is a good idea to secure your financial future. Instead, you should try having a disability policy that will ensure you lead a healthy life just in case the unfortunate happens.

Having an insurance cover is an integral part of any financial plan. As such, you should obtain a cover that takes cares of your circumstances. You should make an effort of reviewing all potential risks and the impact that would result from their occurrence. Like with everything, it is always advisable to consult when in doubt.…