Life insurance is a contract between you and an insurance company that provides financial protection to your family in case of your unfortunate demise. It ensures that your loved ones are secure, even when you’re not around.
Whether you want to secure your child’s education, protect your family’s lifestyle, or plan for future goals, life insurance is the foundation of smart financial planning.
🛡️ Financial Protection for your family
💸 Lump Sum Payout in case of unfortunate death
📈 Wealth Creation through savings-linked policies
🧾 Tax Benefits under Section 80C and 10(10D)
👪 Peace of Mind knowing your family’s future is secure
Life insurance is for:
Breadwinners securing their family’s future
Young professionals planning long-term goals
Parents securing children’s education
Homeowners with loans or liabilities
Anyone looking for peace of mind
Life insurance is a policy that offers financial coverage to your family in the event of your death. Some plans also offer savings or investment benefits.
It helps ensure your family’s lifestyle, education, and goals are not compromised if something happens to you.
Common types include:
Term Insurance – Pure protection
Endowment Plans – Protection + Savings
ULIPs – Insurance + Market investment
Whole Life Plans – Coverage for your entire life
Child Plans – Secure your child’s future
The earlier, the better! Premiums are lower when you’re young and healthy.
A good rule is 10–15 times your annual income. However, it depends on your lifestyle, liabilities, and plans.
Not at all. Term plans are very affordable and provide high coverage at low premiums.
Yes. Premiums paid are tax-deductible under Section 80C, and the payout received is usually tax-free under Section 10(10D).
Yes. You can own multiple life insurance policies to cover different needs or stages of life.
If you miss a payment, your policy may lapse after a grace period. Most insurers allow revival within a few years.
Your nominee needs to submit the claim form, death certificate, and policy documents to the insurance company. The claim is usually settled within a few weeks.
