Life Insurance.

Life Insurance



Want to secure your family after you get a pure protection plan, want to live BEFIKER in retirement get a pension plan, want to invest in market get a ULIP plan, want to save for future get endowment plans, want to plan child’s future get children’s plan.


Pure protection plan (Term Plan)

Term insurance is the most traditional life insurance policy wherein the insured gets death benefit if any contingency happens within the policy term. The insured is, however, not entitled to receive any survival benefit if he outlives the policy term.

Endowment Plans

An endowment policy is essentially a life insurance policy which, apart from covering the life of the insured, helps the policyholder save regularly over a specific period of time so that he/she is able to get a lump sum amount on the policy maturity in case he/she survives the policy term. This maturity amount can be used to meet various financial needs such as funding one's retirement, children's education and/or marriage or buying a house.

Money Back Plan –An endowment plan with liquidity

Money Back Plan is an endowment plan with a liquidity benefit. In Insurance language it is called Anticipated Endowment Plans and commonly known as Money Back Policies . It simply means that in Money Back Plans , the money comes back to the Life Insured after a specific interval of time as Survival Benefit. However, if the Life Insured dies during the policy term, then the Death Benefit would be paid to the nominee and the policy would be terminated and no further money would be paid to him on the intervals.

Whole-life plans

Whole Life plan is also called as straight life, ordinary life. It remains throughout the insured whole lifetime provided the premiums are paid. A certain aforementioned amount is paid to the nominee in the event the insured dies. The policyholder at any time withdraw the policy or borrow against it. If the insured lives past the maturity age, the policy will become matured endowment. The death benefit under this plan is tax free.

Unit linked Insurance Plans

Unit Linked Insurance Plans are long term investment cum protection plans that offer you an opportunity of availing market linked returns while providing life insurance protection. Depending on your risk appetite, you have the option of choosing from host of funds having varied degree of risk exposure. Flexibility and transparency are some of the other attractive features that make ULIPs an attractive long term investment option.

Annuity/ Pension Plans

Annuity/ Pension Plans Invest in your working years and then reap the fruits(Annuity) in your white and grey hair years !!! Giving up work and continue celebrate life. In a pension or annuity plan, regular payments are paid to the retiree at the end of his or her services. It helps people maintain a decent standard of living after they retire.

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