Why Life Insurance?
Life insurance is a form of insurance in which an individual make premium payments to the insurance company, and in return the insurance companies provides a lump-sum payment after a period of time, or pay's a lump-sum amount as a death benefit, to beneficiaries upon the insured's death.
Life Insurance helps you to meet your needs of life cover and long term savings. Life insurance is an ideal tax saving scheme too. Life insurance gives you with a high life risk cover that keeps you and your family protected in case of an unfortunate event.
The major types of Life Insurance policies are Term Plans, Unit Linked Plans, Endowment Plans, Money Back Plans, Child's Plan, Retirement Plans etc.