Insurance is a means to protect your family from an uncertain, unprepared situation. It?s a form of risk management safeguarding uncertain loss. It is a contract between an individual (policyholder) and an insurance company (insurer). Under the contract, the policyholder pays a certain sum of money as a premium to the insurance company.
We have tied up with India's leading Insurance companies offering the below types of insurance:
Term Insurance
It is the simplest and most affordable form of Life Insurance. Term plans provide peace of mind to you by ensuring that your family is financially secure and independent, in insured absence. The insured pays a specific premium amount at fixed intervals during the policy term. In the event of his unfortunate demise during the policy term, the beneficiaries will receive the ?Sum Assured? which had selected while purchasing the plan.
Endowment plans
It fulfils the dual need for a life cover and savings under a single plan. They are one of the traditional forms of life insurance plans available. Endowment policies are basically of two types -with profit and without profit. Within these two classes, there are many variations of endowment plans structured to meet the need of funding one's retirement, children's education, and marriage or buying a house. In case of any financial emergency, you can get whole life protection and the options to obtain a loan against the policy.
Unit linked Insurance Plan
It is a plan in which the policyholder pays an annual or monthly premium, where-in the ULIP acts as a life insurance product as well as an investment. It provides a life insurance cover to the policyholder along with investment options. A small amount of the premium goes to secure the life of the investor, and the rest of the money is put into investments such as the stock market & debt market.
Health Insurance
Even the healthiest of individuals can fall sick without warning and require expensive medical treatments. In such a scenario, being financially unprepared to tackle the costs of the necessary medical procedures is not an option. This is where comprehensive health insurance plans come into play, to ensure the financial comfort of your family and you. Here is an in-depth look at this handy financial tool that has helped many individuals heave a sigh of relief in their hour of need.
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