Life Insurance
Why Life Insurance?
What does it Offer?
Benefits of Insurance
- Offers Risk Cover
- Death Benefits
- Tax Advantages:
- Loan Service
- Assured Returns/Income Benefits
- Life Stage Planning
- Safe Investment
Insurance Type
Children Benefit Plan
Child Insurance Plans are insurance plans that take care of your protection and savings needs for securing the future of your children. As a parent, one of your most important goals would be to make sure that your children have a bright future and lead their lives comfortably.
Term Life Insurance
This type of life insurance has the lowest premiums when compared to other types of life insurance, making it the most cost-effective option. The "Sum Assured" will be paid to the Nominees in the tragic event of death during the policy period.
Whole Life Insurance
This kind of insurance covers a person for the duration of their life, as suggested by the name. This kind of insurance has both investing and insurance components. In the event of the policyholder's death, the nominee is covered by the insurance portion, while the investment portion enables borrowing or withdrawals on behalf of the policyholder.
Endowment Plan
A type of guaranteed plan, endowment plans offer the dual benefit of insurance with assured returns. Savings are an important element in endowment plans. The insurance component in an endowment plan promises death benefits if the policyholder were to pass away while the policy was still active. However, if the investor survives the tenure, they are eligible for the maturity amount and the bonus accrued on the policy. This maturity amount is fixed at the time of the purchase of the plan itself and is free from any market fluctuations. Endowment plans are among the traditional guaranteed returns plans in India.
Unit Linked
Insurance Plans
(ULIPs)
This approach is connected to the markets, as the name suggests. This kind of plan is an adaptation of a classic endowment plan and pays out an assured amount upon death or maturity, whichever occurs first.
Money Back / Survival Benefits Policy
Money back insurance policy is a special life insurance policy where the insured receives a part of the sum assured as a regular installment rather than a lump sum at the end of the policy period. If the policyholder passes away, the beneficiaries will receive the full sum assured, and if they live out the policy term, they will receive the remaining amount (sum assured).
Retirement Plan
Retirement insurance is a crucial financial security pillar in an unpredictable world. Choosing this plan secures a stable future by offering a regular income source, safeguarding against the uncertainties of retirement, and providing expert management of funds.
Cancer Cover Plan
Facing a cancer diagnosis is emotionally and financially daunting. A cancer cover plan protects against these challenges by providing financial support during such difficult times.
Gratuity and Employer Plan
This program is a crucial component of employee welfare since it seeks to recognize sustained devotion and loyalty. The employee's tenure and most recent salary are typically taken into account when determining the gratuity amount
Employee Benefits and Insurance Plan
Employee insurance protects workers and their families from unanticipated financial hardships caused by mishaps, medical emergencies, or unpleasant events. It covers things like critical sickness coverage, life insurance, disability insurance, and health insurance
Liability Hedging Insurance
Liability hedging insurance is a strategic financial tool designed to mitigate potential financial losses stemming from liabilities or legal obligations. This insurance serves as a safety net against unexpected legal claims, disputes, or liabilities that can significantly impact an individual's or organization's financial stability