Family
Secure your family’s future and live your best life with these insurance products.
Protection
Protect yourself and your family with Term Life and Investment-Linked Plans.
Credit Related
Safeguard your car, properties and other liabilities with these plans.
Family Life Insurance FAQs
Life insurance is a contract between an individual and an insurance company, where the insurer pays a designated beneficiary a sum of money upon the death of the policyholder, in exchange for premiums paid by the policyholder.
Life insurance provides financial protection to your beneficiaries in the event of your death. It can help cover living expenses, debts, and education costs, ensuring your family's financial stability.
The primary types are term life insurance, which provides coverage for a specific period, and whole life insurance, which offers lifetime coverage and may include savings component.
The amount of coverage you need depends on factors like your income, debts, lifestyle, and the financial needs of your dependents.
Premiums are influenced by factors such as age, health, lifestyle, the type of policy, and the amount of coverage.
Consider your financial needs, goals, the needs of your dependents, and your budget. Consulting with a financial advisor can also help in making an informed decision.
