It's all about bringing certainity to an uncertain life. Secure your family's future by taking a life cover. Plan your retirement, your children’s education and even save up for other important life events.
The primary purpose of life insurance is to provide a lump-sum payment (death benefit) to the designated beneficiaries when the insured person passes away. This benefit helps replace the insured's income and supports the financial needs of dependents.
Life insurance policies can be term-based (for a specific period, such as 10, 20, or 30 years) or permanent (lasting the insured's lifetime). Term policies provide coverage for a limited duration, while permanent policies offer lifelong coverage as long as premiums are paid.
Policyholders pay regular premiums (monthly, quarterly, annually) to maintain coverage. Premiums can be fixed for the entire policy term (for term insurance) or vary depending on the policy type (for permanent insurance).
Provides coverage for a specific period (e.g., 10, 20 years). If the insured dies during the term, beneficiaries receive the death benefit. If the insured survives the term, coverage ends unless renewed.
Offers coverage for the insured's entire life, with a guaranteed death benefit and fixed premiums. Accumulates cash value over time that policyholders can borrow against or withdraw.
Combines a death benefit with a savings component. Policyholders can adjust premiums and death benefits over time, subject to policy terms.
Provides coverage until the insured reaches a specified age (e.g., 100 years), with the option to convert to a permanent policy.
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