Broadly insurance can be classified in two categories:
First - Life Insurance which matures in event of death of the insured/policyholder. On occurrence of such an event the insurance company pays a sum of money assured to the nominee/beneficiary (person nominated by the policyholder). Life Insurances are of two types:
Traditional Plans - which contain Endowment Plan , Cash Back Plan, Term Plan , (Term Life Insurance) and Whole life policy. And Unit-linked Insurance Plans - are of 4 types - Endowment cum Ulips, Children Plan , Retirement Plan or Pension plan and investment/saving plans.
Second - General insurance. All insurance policies other than life insurance policies come under general insurance segmentation. (Also known as non-life insurance policies). These policies include Home Insurance, Auto Insurance, Travel Insurance, Marine Insurance, Theft Insurance, Office insurance and Health insurance
Health insurance is most acquired policy in general insurance segment. Health insurances are of 3 types - Comprehensive Plan - which include Mediclaim and Fixed benefits plan, Accidental Insurance and Critical Care plan .
Life Insurance is not only protection plan but it is also a good investment option which gives good return along with tax benefits. It is a protection against any loss incurred to the individual. If individual has life insurance policy, he has to pay certain premium for a certain time. People go for life insurance to cover their life and to secure the future of their family. In case of any mishappening to the policyholder, the family gets the amount and the benefits of the policy.
Bimadeals doesn’t influence customer decision by giving any type of product comparison; ranking etc. Bimadeals intends to help the customer in getting the right plan according to his suitability with minimum effort.
Life Insurance caters to your following requirements:
Life Insurance Companies and their Plans in India:
LIC / Life Insurance Corporation: LIC Policy provides insurance plan according to individual's need. LIC policies provides you Money Back plan, Children Plan, Term Assurance Plan, Special Money back Plan for women, Pension Plan and Unit Plan etc.
Some plans of LIC: Jeevan Amrit | Jeevan Saral | Flexi Plus | Jeevan Ankur | Jeevan Bharthi | Jeevan Anand | Jeevan Akshay VI | Jeevan Sathi | Bima Bachat
SBI Life: SBI Life Insurance Company offers you best insurance policies such as Money Back Offer, SBI Lifelong Pension, Group Protection Plans, Term Insurance, Retirement Solutions etc.
Some plans of SBI Life: Smart Performer | Smart Scholar | Saral Shield | Life Scholar II | Life Long Pension
HDFC Life: HDFC Standard Life Insurance: HDFC Standard Insurance offers you best Life insurance policies such as Protection Plan, Children Plan, Retirement Plan, Saving and Investment Plans etc.
Some plans of HDFC Life: Click 2 Protect | Young Star Super II | Pension Super Plus | Sampoorna Samridhi | Immediate Annuity
Bajaj Allianz Life insurance: Bajaj Allianz provides Endowment plan, Money back, Term Plan, Unit Linked Plans, Single premium, Pension, Retirement plans, Women insurance, children plan.
Some plans of Bajaj Allianz: Invest Gain | Super Saver | Cash Rich | iSecure Term plan | Life Assure | Child Gain
Aviva Life Insurance: Choose Best whole life insurance policy and Endowment plan according to your need. Aviva Insurance provides single premium, pure term insurance and also child plan.
Some plans of Aviva Life: I Life | Family Income Builder | Dhan Samruddhi | Dhan Varsha | Money Back
AEGON Religare Life Insurance: AEGON Religare Life Insurance offers a range of term life insurance policies at affordable premium rates. Get instant free quotes & buy life insurance policy in few simple steps.
Some plans of Aegon Religare: iMaximize | iTerm Plan | Aegon Religare Save Guard Plan | Insta Pension Plan
Max Life Insurance: Max Life Insurance, a Life Insurance company in India provides the best & cheap Life Insurance services & policies in India
Some plans of Max Life: Shiksha Plus II | Money back Plan | Whole Life plan | LifeLine Wellness Plus | Max Life College Plan
ICICI Prudential: ICICI Prudential offers insurance for wealth plan, health, life insurance India, term insurance plans, ULIPs, retirement solutions, pension plans, tax saving schemes, health covers, Term plan and many more.
Some plans of ICICI Pru: ICICI Pru iCare | Pru Elite Life | Pru Cashback | ICICI Pru Pure Protect | ICICI Pru SmartKid Premier | ICICI Pru Shubh Retirement
Birla Sun Life: Choose Best whole life insurance policy and Endowment plan according to your need. BSLI provides single premium, pure term insurance and also child plan.
Some plans of BSLI: BSLI Wealth Secure Plan | Immediate Income Plan | BSLI Vision | BSLI Future Guard Plan
Customer should always understand his need before buying the plan. Nowadays all the Insurance companies are providing free financial planning to the customer where they help you in acknowledging your requirement considering all your liabilities and assets.