LIFE INSURANCE BASICS

TERM INSURANCE BASICS

If your insurance needs are specific and time-bound, Term Insurance plans are perfect for you. These plans are ideal for policy holders looking for life insurance cover with benefits for a specified time period that can be availed by paying a small amount of premium.

To suit all your differing needs, there are various types of term plans available. So before you opt for one, decide what kind of a term plan will work best for you. For instance, would you like to opt for Level Term Insurance or something that gives you Assured Cover?

If you are new to these terms and would like to understand the world of term insurance better before you commit to anything, allow us to help you. We can help familiarize you with the basics of term insurance and its benefits.

It is a financial product that pays you or your dependants a sum of money either at maturity or upon your untimely death.

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.

Tax planning helps you smartly minimize the amount of income tax payable and hence have more savings

Financial planning is the means of meeting your life goals through proper management of your finances.