Life Insurance

 

 

Benefits of Life Insurance

1. Tax Benefits

Insured will have Tax Benefits upto Rs. 54, 000 of Income Tax Act 1961. A comprehensive Life insurance policy which lets you save your earnings and save more for you. These Tax benefits are for paying Life insurance premiums.

2. Protection for You

Financial protection against death throughout the term of the plab adn with the payment of maturity amount on survival when the policy expires. Stay protected and secured to live freely.

3. 100% Reimbursement

The sum assured with guaranteed additions are received in lump sum amount on death of the life assured at the time of policy term.

4. Pay for Limited Period

The term plans to choose best policy goes throughout the accepted time. The instalments are paid for some time say, 5 years, 7 years, 10 years. The cover is received for the full policy term.

As is the definition, Life Insurance is a contract between an insurance policy holder and the insurer. Here, the insurer pays designated sum of money in exchange for a premium. This is happened upon the death of an insured person. There are certain situations when payment is triggered, at the time of critical illness. Life based contracts comes under Protection policies and Investment policies.

Our insurance plans gives you the best security and protection from death. To think about family after you is a real though that we are aware of. So, stay ahead with us with our policies for young professionals, just married couples, family. We help you with the most suitable policy as respective of you life stage.

Life Insurance has become an important part in our lives but some of us ignore the reality of what can happen to us or what will happen to our loved ones when we die. The results can be disastrous for your family. There are many stories which showcases how family suffered the loss of a death but there are also several stories which stood up again with the help of Life insurance reimbursement after the death of the family member.

Certain factors which has to be taken into consideration while planning to buy Life Insurance are what type of cover is required and for how long. You must know how much you can afford and that any other liabilities does not bother you.