Financialyatra

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Why a life insurance is needed ?

Life insurance is commonly known as life assurance. It is an agreement between the consumer and the insurer, where the insurance company offers financial protection or coverage to your family so that they can continue to lead a stable life even in your absence. The payment regarding terminal illness and critical illness depends upon the norms of the insurer. The consumer pays a specified premium amount in lump sum or at regular intervals. Here, your life cover premium depends upon various factors such as age, gender and health condition.

You should buy an insurance cover, the minute you have people dependent on you. Anyone who is married and has a family to support should think of purchasing the best life insurance policy. The younger the age, lower will be the premium – So even single persons can choose the life insurance plans to get tax benefits and after marriage, they can add their spouse and children as beneficiary in the insurance contract. Also, there is no age limit to start buying life insurance cover.

Life Insurance Plans

Pos Suraksha Plan

An individual, savings insurance plan, POS Suraksha designed with an easy enrolment process that offers regular monthly income to ensure complete financial stability [...]
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Super Saver Plan

Super Saver Plan is a non-linked, participating life insurance plan that helps you accumulate your savings and provides a long-term financial protection for [...]
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Century Plan

As you grow your responsibilities grow. You dream of a house, a world tour, worry-free retirement years and much more. However, life may [...]
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Genius Plan

Introducing Genius Plan, a savings plan that provides you guaranteed benefits and helps you create your own unique payout structure as per your [...]
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