Products - Life Insurance

Life Insurance Plans provide support at all times viz in the event of “DYING TOO EARLY “or even “LIVING FOR TOO LONG” and also to enjoy the hobbies, leisure activities, overseas travel etc as ORIGINALLY PLANNED WITHOUT ANY COMPROMISE.!!!

• To cushion or mitigate the dip in earning potential resulting from the un-timely demise of the bread winner who has been providing for the Family’s Comforts all along.
• To ensure that the dependant family members, elderly parents and the children continue to enjoy “atleast a similar Life style” if not the same or more comforts, even when he IS NOT AROUND.
• To protect the liability like the housing loan Outstanding which may suddenly befall on the bereaved family, thus protecting the house property.
• Taking care of the daughter’s marriage expenses or Child’s higher / overseas education as originally dreamt.

A lot of novel variants of the plain term covers with Fixed benefits, Specific riders like Waiver of Premiums, Critical Illness, Accidental Death Benefits etc and also with TROP – with Return of Premium options are available to choose from.

Saving Plans

• A lot many financial goals can be secured and met with the traditional Guaranteed plans which offer assured returns when the policy is serviced regularly over a period of time.
• Those with a greater risk appetite and willing to sail with the market performance for their savings can look at “Unit Linked Insurance Plans. (ULIPS).
• There are options to earn very conservatively through the traditional participating plans with a declared bonus which is on the Insurance Company’s performance.

Retirement Plans

• The day a life assured starts earning his salary, he can start providing for “retired rainy days” so that he does not have to dig his hands into the retirement benefits.
• Just because we have “stepped down from active employment “the regular expenses do not stop. this gets addressed with ‘the Annuity Plans.”