It is a financial product that pays you or your dependants a sum of money either at maturity or upon your untimely death.
Term Insurance are protection plans which provide only life cover. These plans can help you get adequate cover at low cost.
ULIPs are combination of life cover and investment. They offer choices of funds depending on your risk appetite.
Retirement Plans are Pension plans. These plan can help you build corpus for your retirement years.
Health Plans are designed to secure you and your family against expenses due to medical emergency.