Life Insurance
.jpg)
Pure Term Plan
Why Should You Buy A Term Insurance Plan ?
Term insurance ensures your loved ones receive financial support if you pass away within the policy term. It's a budget-friendly way to secure your family's financial future in case of any eventualities.
A term insurance plan operates simply:
For Financial Security at Affordable Premiums: Term insurance supports you at various life stages - from securing your family as a young professional with financial liabilities to aiding in your entrepreneurial or educational pursuits and contributing to retirement planning with a return of premium option.
For Enhanced Health Cover Options: In addition to life coverage, term insurance provides add-on rider@ benefits that can cover your medical expenses if you are diagnosed with a serious illness, such as a critical illness or terminal illness during the policy period.
For Lifestyle Maintenance: Term life insurance will help your family maintain their lifestyle without financial distress even in your absence.
For clearing off debts: If you have outstanding loans or debts, term insurance can act as a safety net for loan protection, preventing your family from inheriting financial liabilities in case of your unexpected demise.
Term Plan + Market Linked Plan
Comprehensive Financial Protection
The term plan will protect your family against various financial risks in case of your untimely death during the policy term. And you will also get the opportunity to grow wealth for your family's future financial obligations.
Focus On Wealth Creation
While you can focus on growing your wealth, the insurance coverage available under these plans secures your family. Therefore, you can align your financial planning and investment decisions based on your requirements.
Offer Tailored Solutions
For a term plan with market-linked returns, you can choose from a range of fund options based on your risk appetite and financial goals. You can opt for debt-based funds for stability, equity-based funds for higher growth, and hybrid funds for a balanced approach.
Affordability
You can get extensive term life insurance coverage and wealth creation opportunities at an affordable rate. In addition, if you invest at an early age and enjoy the benefit of lower multiples and lower life cover charges.
Inflation Hedge
Market-linked investments will outpace inflation in the long term, preserving the purchasing power of your savings. By investing in equity-based funds, you can mitigate financial risks caused by inflation better and secure your future.
Flexibility
You can choose between the various flexible features, such as the premium payment option, premium payment frequency, cover term, and investment fund options, based on your financial condition and requirements.
Long-Term Investment
As term plans with market-linked returns allow for choosing a long policy term, you get the opportunity for systematic wealth accumulation. The longer you stay invested, the better the power of compounding and the higher the market- linked investment benefits.
Tax Advantage
Like any other life insurance policy, the premium paid, and the payouts received from the term plan with the market- linked returns will qualify for a tax deduction and exemption benefit under Section 80C and Section 10(10D) of the Income Tax Act 1961.
Guranteend Fixed Income Plan:
1. To fulfil long term goals like child education, second income or retirement planning
2. Guaranteed++ tax-free annual income
3. Additionally get your premiums back at the end of the income term
4. Option to get in-built Critical illness benefit which
5. Get Guaranteed++ income with life cover.
Our Life Insurance Partners
