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Term plans- the cheapest plan in life insurance
Life Stage Based Analysis
Essentials of Life Insurance
Features & Benefits of Life Insurance
Life Insurance FAQs
ULIPs
ULIPs- Systematic Insurance cum Investment Plan
ULIP Versus ELSS
Understand ULIPs and its Charges
Why you need Life Insurance?
Life Insurance provides a financial coverage to specified beneficiaries upon the death of the insured individual. It involves a contract providing for payment of an assured sum of money to the person insured. It provides you with a sense of security that no other form of investment provides. Life Insurance is considered one of the most popular savings/investment schemes that provides sound returns as well as protection and also serves as a Tax saving mechanism.
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Read about Life Insurance Policies
Term Policy - It is called Pure Insurance since the policy has no financial investment value, it covers your death for a specific Term, once the term is over the coverage ceases & if death occurs after that, you don’t receive any Cash.  
Whole Life Policy
– It is an insurance cover against death, irrespective of when it happens. You pay a fixed premium based on your age and other such factors, you earn a certain interest on your policy's cash value.
Endowment Policy - A combination of risk cover with financial savings. One can earn more capital for specific purposes and is also protected against the insured's premature death.
Money Back policy It is a variant of Endowment policy where part of the amount assured is paid at fixed periods before the maturity.
Children Policy
- It is designed to secure your child's future by giving your child a guaranteed lump sum, on maturity or in case of your unfortunate demise, early in the policy term.
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Assets available to survivors
Annual expenses of survivors
Annual Income of survivors
One time expenses
(Repayment of Mortgages, Funeral expenses etc)
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(assumed that both income & expenses
will grow at this rate)
Annual Rate of return
of invested amount
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Total Lumpsum
required at year 0
Incremental insurance required
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