Life Insurance solutions designed to protect your family, support your goals and prepare you for the future.
Looking for Investing in a Life Insurance product? But not sure exactly how it works?
Well this page is aimed to give you a complete understanding on how it works and what you need to understand to choose the products that suits you the best. As at every life stage, everyone has a set of primary needs that requires sufficient funds to fulfill them. This is where life insurance comes into the picture- as it offers tailor made products to cover every aspect at different stages of life.
There is no doubt that life insurance is a must have for everyone. Hence its very crucial to have a complete understanding of the value a life insurance policy can bring in to your life and that of your loved ones.
A life insurance policy is actually a contract with a insurance company. A lump sum amount is provided, in exchange for premium payments, known as the death benefits, to the nominees or beneficiaries upon the death of the insurer.
While choosing a life insurance, the advisor will help you to map it needs & goals. This will help you pick out the options that suits you the best.
Insurance has lot to offer in terms financial security and peace of mind. It ensures that your family is taken care of in your absence. It not only helps in providing coverage for all sorts of risks, but builds an opportunity to help you grow your investments. Life insurance is a long term investment tool that helps you meet future costs like children's education expenses, retirement expenses etc.
There are plenty of life insurance plans available, depending on an individuals needs, many of these plans can also be customized to meet their likes.
The most affordable form of life insurance, premiums of plan under this category are cheap compared to other life insurance products. In the event of an unfortunate demise during the policy term, Nominees will receive the ‘Sum Assured’.
As in the name, this type of policy covers an individual for his/her entire life. This type of insurance covers insurance and investment components. The insurance part covers the nominee in the event of death of the policyholder and the investment component helps the holder to borrow or withdraw against.
One main difference that Endowment Plans offer from term plans is the Maturity Benefit. This type of plan pays out sum assured along with profits under both scenarios - death & survival. The profits that are availed in such plans are the result of investment in equities & debt.
As the name suggests, this plan is linked to the markets. This type of plan are a variant of traditional endowment plan and pay out a certain sum assured on death or maturity, whichever is earlier.
This type of policy gives out periodic payments over the policy term. Incase of the death of the policy holder, the beneficiaries get the full sum assured and if the holder survives the policy term, he/she gets the balance amount (sum assured).
High life cover designed primarily for family income protection.
Life insurance solutions combining protection with long-term savings-oriented benefits, subject to policy terms.
Life insurance solutions that may provide survival benefits at specified intervals during the policy term, subject to applicable terms.
Plan today for the education and future aspirations of your child.
A goal-based financial planning approach for your daughter's education, marriage or other important future milestones.
Prepare for financial independence and regular income after retirement.
Protect your family's financial needs against the unexpected.
Long-term savings and financial planning options based on applicable needs and goals.
Our relationship doesn't end after the policy is purchased.
Need help with your upcoming premium?
Need your policy-related tax statement/document?
Not sure whether your existing policy still fits your needs?
Your policy has lapsed?
Get Revival Assistance →Need help regarding nomination?
Get Assistance →Need help with policy-related documentation?
Request Support →Need guidance regarding a claim?
Your policy may have been purchased years ago. Your income, family responsibilities and financial goals may have changed since then.
When was your policy last reviewed?
Get a Free Policy ReviewBring your existing policy documents. We will help you understand your current coverage, benefits, premium, policy term and whether it still aligns with your current needs.
Most of us are often tend to ignore the importance of sound policy as we think it not required and what could possibly happen to us.
This leads us to believe that life insurance is not worth the money for but a sudden mishap/accident leaves us feeling fearful of the future-for us & our family.
There is no two way about what an individual wants- financial security & protection; for which life insurance is the best option available. There are multiple advantages to availing a life insurance plan, let us glance at them:
Have a question, need guidance or simply want to understand your options? Get in touch for a conversation.
Tell us about your requirement. We will help you understand your options.