Insurance Category: Life Insurance

Term insurance is the simplest and purest form of life insurance. … With term insurance, you can get a large amount of life cover (i.e. sum assured) at a relatively low premium rate. The benefit amount is paid out to…

The guaranteed income plan offers financial security by providing regular income at a pre-defined percentage (selected by the insured and insurer) of Sum Assured. The USP of the plan is that one can receive the income yearly, half-yearly, quarterly, or…

An endowment policy is a life insurance contract designed to pay a lump sum after a specific term or on death. Typical maturities are ten, fifteen or twenty years up to a certain age limit. Some policies also pay out…