Life Insurance

TERM LIFE
MONEY BACK POLICY
UNIT - LINKED INSURANCE PLANS
PENSION PLANS

Term Life Insurance

  • It is the most basic type of insurance.
  • It covers you for a specific period.
  • Your family gets a lump-sum amount in the case of your death.
  • If, however, you survive the term, no money will be paid to you or your family.

Money Back Plan

  • A certain percentage of the sum assured will be paid to you periodically throughout the term as survival benefit.
  • After the expiry of the term, you get the balance amount as maturity proceeds.
  • Your family gets the entire sum assured in case of death during the policy period. This is regardless of the survival benefit payments made.

UNIT - LINKED INSURANCE PLANS

  • Such products double up as investment tools.
  • A part of your premium goes towards your insurance cover.
  • The remaining amount is invested in Debt and Equity.
  • A lump-sum amount will be paid to your family in the event of your death.

PENSION PLANS

  • This helps build your retirement fund.
  • You can get a regular pension amount after retirement.
  • In the case of your death, your family can claim the sum assured.