Types of Life Insurance We Offered
Term Life Insurance
You get coverage for a tenure that you specifically choose. These policies could be availed by people who find it difficult to pay a lump sum amount for endowment assurance policy or whole life policy.
Endowment Policy
Risk is covered for a specific period and at the end of the period sum assured along with the accumulated bonus, is paid back to the policyholder. Endowment policy pays back the face value of the amount on the insured person's death or after a stipulated number of years. Some policies also make payment in case of critical illness.
Money Back Policy
This policy repays survival benefits periodically during the term of the plan.
Savings & Investment Plans
Help you save and invest to make your money grow.
Retirement Plans
This plan is a retirement solution plan and does not cover life insurance. You can build your retirement corpus as per your risk appetite and on completion of the specified period, a certain amount of money is paid to the insured/beneficiary in the form of pension, monthly, half-yearly, or annually.
Unit Linked Insurance Plans (ULIPs)
A part of investment goes towards providing life cover, while the residual portion is invested in stocks or bonds. It is a goal-based financial product, which is designed to impart safety and wealth creation opportunities.
Child Insurance Policy
These plans are designed to meet rising education and other needs of children. A child plan offers a lump sum amount on the death of the policyholder, but the policy doesn't end. All future premiums are waived and insurance company continues investing money on the behalf of policy holder. The child gets the money at specified tenure as planned.