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 nominee in case of the death of the person insured during the term of the policy.

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    Other Life Insurance

    Guaranteed plan

    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 monthly.

    Endowment policy

    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 in the case of critical illness. Policies are typically traditional with-profits or unit-linked

    Term Plan

    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 nominee in case of the death of the person insured during the term of the policy.

    Annuity Plan

    Get fixed, regular income every month, quarter, six months or year. An annuity is a fixed amount of money that you will get each year for the rest of your life. You could think of it as a pension payment that is made to you. Just choose how you wish to receive your pension.

    Ulip Plan

    A Unit Linked Insurance Plan is a product offered by insurance companies that, unlike a pure insurance policy, gives investors both insurance and investment under a single integrated plan and offer you the potential of wealth creation while providing the security of a Life Cover.

    Group Life Cover

    In today's day, group life insurance plans have become a central constituent of the benefit packages offered by employers to their employees. A group life insurance policy refers to the life insurance coverage provided to a group of people, usually employees working in an organization.