Life Insurance is an agreement that guarantees payment of a stated amount of monetary benefits at the end of a specified term or at the death of the life insured.
Appreciate you for choosing us to serve you.We started working on your reference number
You are eligible for "GIFT COUPON"
Confirm the selection & share more details
For any financial transaction, your KYC is mandatory. Your co-ordinates also help us reach you for any clarification or advice.
- Life Insurance ensures financial protection to the family in the unfortunate event of a person's death.
- As a ruler of thump one should have life cover for an amount equal to one's overall liability.
- It comes in forms - (1)Term Life Cover where the premium just covers life and provides no returns and (2) ULIP (Unit Linked Insurance Policy) - where a portion of your premium gets invested and you receive a payout at maturity.
Get protection for your life with best policy from our partners !...
Claim Settlement Ratio(%)
Choose Your Plan Option
* Please Select Plan
Premium Amount ( excluding taxes ) & Premium paying frequencies options that you have are
1)Your family will get a 10% sum assured at unfortunate demise.
2)Remaining amount divided in to an equal monthly income for a period of 15 years as a payout.
Your family will get a 100% Sum Assured in case of an unfortunate demise.
1)Your family will get a 100% Sum assured in case of an unfortunate demise.
2)A income of Rs 50,000 every month for the next 10 years as a payout.
1)Your family will get a 100% sum Assured in case of an unfortunate demise.
2) A income of Rs 50,000 every month, increasing at 10% every year for the next 10 years as a payout.
Your family will get a double Sum Assured in case of an accidental death.
Changed your plan then click My Plans
Maximum Entry Age
Free Look Period
- Life insurance is an agreement designed to offer several benefits, besides financial security, for the family in the event of untimely death or a loss of income due to physical disability. Namely:
- Savings for old age.
- Systematically building assets.
- Funding children’s education.
- Saving on taxes.
- The cost of life insurance depends on an individual’s age, health and income.
- Nominee is the person selected by the individual with life insurance to receive the benefit in case of death of the life insured. The nomination can be changed at any point till the maturity date by filling in an application form.
- A policy only lapses when the policyholder fails to pay the premium within the stipulated grace period. The policy after that point loses all its benefits.
- As per the policy conditions, the sum assured and/or the value of the fund units is normally payable to the beneficiaries in the event of risk to the life of the individual with the insurance.
- All the charges deductible under the policy.
- Payment on premature surrender.
- Features and benefits.
- Limitations and exclusions.
- Lapsation and its consequences.
- Other disclosures.
- Illustration projecting benefits payable in two scenarios of 6% and 10% returns as prescribed by the life insurance council.
- Life insurance policies are not given to those below 21 years of age and those above 65 because these age segments are considered high risk.
- Other than a few life threatening illnesses, these policies are given to most people regardless of medical history. Failure to declare any illnesses while obtaining a policy however, will result in decreasing chances of getting a claim approved.
Q: What is the advisable period for a life insurance policy?
A: Until 60 years of age or till the responsibilities towards dependents are covered is the normally recommended period.
A whole life insurance policy usually entails a much higher amount than the cover value will be over the years.
Q:What are riders/ add-ons?
A:Riders or add-ons are the additional benefits that can be added to the basic policies that were bought prior to July 1, 2006, by paying a marginal additional premium.
The riders we offer are:
- a. ADBR: Accident & Disability Benefit Rider
- b. ABR: Accident Benefit Rider
- c. CIBR: Critical Illness Benefit Rider
- d. WOPR: Waiver of Premium Rider.
- e. IBR: Income Benefit Rider.
Q:What are the factors to look for while deciding which policy to opt for?
A: Some of the factors to double check would be:
- a.Availability of guarantee of return
- b.The lock in period
- c.Details of the premium
- d.Implications of premium default
- e.Revival conditions
- f.Deductible charges
- g.Availability of loans on the policy
Q: What documents are generally required to be submitted in case of death of life assured while the policy is in force?
A: The claim requirements are usually disclosed in the policy bond. The basic documents would generally be death certificate, claim form and the policy bond. Documents like medical attendant’s certificate, hospital certificate, employer’s certificate, police inquest report, post-mortem report, etc. might be required if applicable.
"Insurance is not for the person who passes away, it is for those who survive," goes a popular saying that explains the importance of Insurance Planning.
It is extremely important that every person, especially the breadwinner, covers the risks to his life, so that his family's quality of life does not undergo any drastic change in case of an unfortunate eventuality.
Q: But is it required for Life long? i.e for 100 yrs.?
A: No. Normally recommended 60 yrs / dependents responsibilities are cover. Means required to protect the life up to the retirement age, unless otherwise special situations.
Q: Compare high risk period before 21yrs and After 60 yrs, does any banker giving a loan?
A: Before 21yrs and after 60yrs no bank will lend including secure loan. I.e. means the risk is high and certainty is very high.
Q: What will happen if I take whole life insurance cover?
A: You will be paying much higher amount than the amount what your cover value will be over years.
Q: What will happen if I didn’t declare all my diseases in the application?
A: The chances of getting claim approval is very low, due to hidden facts.
Q: Will I get insurance cover, if I declare the diseases?
A: Most of the cases, yes. Other than few life threaten diseases, will be covered. But premium will go high and self declaration would require.
PAN Card, Passport, Driving License, Voter ID, Aadhar Card, Ration Card.
Passport, Driving License, Voter ID, Aadhar Card, Mobile/Land Line Bill, Rental Agreement, Ration card, Gas bond with Bill, Sale deed, Property Tax, Electricity Bill, Aadhar Card.