Life Insurance

FAQs

What Is Life Insurance?

Having life insurance will give you peace of mind. Life is uncertain, Life Insurance is not your Financial to your family even in presence Supports of insurance Through Monthly Income By starting your Retirement planning can also be done.

And Child education and child marriage As in responsibility your saving can support.

You can take 20 times insurance cover of your yearly income... So that..

* You can beat Future Inflation.

* It can Protect your family in your Absence.

* You can Treat your Unexpected Expenses.

Who Needs Life Insurance?

Primarily, anyone who has a family to support and is an income earner needs Life Insurance. In view of the economic value of their contribution to the family, housewives too need life insurance cover.

Child Insurance

Coupled with inflation, college and higher education fees can burden the family. If a parent takes a child plan when the child is small, the money-back under a LIC child education plan can be aligned to the child's higher educational requirements.

What are the benefits?

The amount of Life Insurance coverage you need will depend on many factors such as:

* The number of dependents you have

* What kind of lifestyle you want to provide for your family in your absence

* The amount you need for your children's education

* Your investment needs

Retirement Plan

The main reason one should kickstart their retirement plan is that people now live longer on average. If someone is living a long life, then it means they will need adequate funds to sustain themselves. You will need a substantial sum of money to pay for the needs of your life

Marriage Plan

The LIC Kanyadan policy is a great tool to financially assist the marriage expenses of a girl child. By paying only a 75 per day premium, the policyholder can get upto Rs. 14.5 lakh by the time of the marriage of the daughter.

Guaranteed Income: The non-linked plans under single premium pension plan provide retirees with a guaranteed income for the rest of their retirement life. This income stream is steady regardless of market fluctuations or interest rate changes.

Single Investment Plan

Long-Term Security The future is unpredictable, and financial emergencies can crop up anytime. Saving money allows you to create a safety net for your future expenses as well as unplanned financial needs. The more you save, the more peace of mind you have, as you are better prepared for anything life throws at you.

Saving Plan

Life insurance benefits