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Benefits of Life Insurance
Life is full of uncertainties, and misfortunes mostly come unannounced. Certain events can have an irreversible impact on your life and leave your loved ones bereaved.
Life insurance is a crucial form of investment that will help your family meet their essential needs even when you are not around. At the time of claim dispersal of a Life insurance policy, the sum assured is passed on to the beneficiary or nominee on the death of the policy-holder.
Steady Investment Option
Several life insurance plans offer considerable returns at the time of maturity, thereby helping you meet your dual needs of achieving investment goal and protecting your loved ones against sudden income loss.
Low cost, High benefits
No other financial instrument in the market is priced this low.
Assured Income through Annuities
Thus, it will act as a source of pension when you retire.
You are requested to thoroughly read the detailed sales brochure of the life insurance plan intended to be purchased carefully before concluding a sale.
*This is true only in case of term plan and not in all savings and growth plans. And coverage may change with higher age.