Life is beautiful, but also uncertain. You are never sure what life has in store for you. It is therefore important that you do not leave anything to chance, especially ‘life insurance’.
Term Plans
Term plans provide life cover with no savings / profits component. They are the most affordable form of life insurance as premiums are cheaper compared to other life insurance plans.Endownment Plans
Unlike term plans which pay out the sum assured, along with profits, only in case of an eventuality over the policy term, endowment plans pay out the sum assured under both scenarios – death and survival.Unit Linked Insurance Plan
ULIPs are a variant of the traditional endowment plan. They pay out the sum assured (or the investment portfolio, if its higher) on death/maturity.Whole Life Policy
A whole life insurance policy covers a policyholder over his life. The main feature of a whole life policy is that the validity of the policy is not defined so the individual enjoys the life cover throughout his life.Money Back Policy
A money back policy is a variant of the endowment plan. It gives periodic payments over the policy term. A portion of the sum assured is paid out at regular intervals.Pensions Plans
Pension Plans are Individual Plans that foresee financial stability during your old age.