Benefits of Life Insurance:
- If someone meets with their demise, their family and loved ones will have a financial safety.
- Apart from life cover, insurance products help for wealth creation.
- You can save taxes through insurance policies.
- Buy insurance at earliest to lower premiums.
- You can save for children’s education.
- Insurance is the best tool of retirement planning.
Types of Life Insurance Policies:
- Term Insurance: mainly for Life insurance
- Unit Linked Insurance Plans (ULIP): Insurance + Savings
- Endowment Plan: includes Money Back option.
- Saving Plans: Insurance + Savings
- Whole Life Insurance Plan: Covers life till 99 years of age.
- Retirement and Pension Plans: for building pension income.
Disclaimer: Above contents are for general information purpose only, and we do not assure correctness of all the information. You are requested to get in touch with our customer service executives for latest updates and information.
