Life Insurance is a financial protection plan that provides a lump sum amount (sum assured) to your family in case of the policyholder’s unfortunate death during the policy term. It helps your loved ones manage their financial needs and maintain their lifestyle even in your absence.
Life insurance ensures that your family can meet important expenses such as daily household costs, children’s education, outstanding loans, and future financial goals without facing financial difficulties
Life insurance provides financial security to your family and helps them manage daily expenses, loans, children’s education, and future goals in your absence.
Anyone who has financial dependents such as spouse, children, or parents should consider buying life insurance.
Term Insurance
Whole Life Insurance
Endowment Plans
ULIPs (Unit Linked Insurance Plans)
Money Back Plans
It is generally recommended to take coverage of 20–25 times your annual income, depending on your liabilities and financial goals.
Yes, you can enhance coverage with riders such as:
Critical Illness Rider
Accidental Death Benefit Rider
Disability Rider
It depends on the type of policy. Some plans offer maturity benefits, while pure term plans do not provide survival benefits.
Yes, premiums paid are eligible for tax benefits under Income Tax Act 1961, subject to prevailing tax laws.
Accidental Death Benefit Rider
Disability Rider
The policy term is the duration for which your life insurance coverage remains active.