LIFE INSURANCE

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LIFE INSURANCE

What is a life insurance?

What are different types of life insurance products?

Why are the benefits of life insurance polices?

What the best policies & companies for life insurance?

LIFE INSURANCE POLICIES

Whole Life Policy
This is an attractive combination of savings and protection plan.
Endowment Insurance Policy
Endowment Plan is Saving cum Life Insurance Plan.
Term Insurance Policy
Term Insurance Plan provides Life Insurance cover during a specified period
Money Back Policy
This is basically an Endowment Plan which offers an attractive combination of protection against death
Joint Life Policy
Joint Life Plan is a selected term maturity single policy on the life of husband and wife
Pension Plan Policy
Annuity is opposite of Life Insurance. While Life Insurance covers the risk of dying early, the annuities cover the risk of living too long
Unit Linked Insurance Plan (ULIP)
Conventional Endowment Plans are Bonus Linked Plans whereas Unit Linked Insurance Plans are market linked plans

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