Life Insurance

We buy insurance to protect ourselves, or rather our dependents, from any financial distress that may be caused in the event of our death. This Financial distress may be caused in two ways

• Loss of a source of livelihood for the dependents, and
• Stoppage of investments for the dependent's future.

The first is easy to understand; when the bread earner of a household dies, the household may be left without a source of livelihood. But this is not the only problem that may arise. There may be young children in the family whose future needs to be secured. The income earner might have been saving and investing for their future - for future events like higher education. When the income earner dies this saving / investment plan may come to an abrupt stop.

It is important to understand that these are two distinct eventualities: providing for the livelihood of the household and ensuring that the saving / investment plan continues, so that the targeted amount becomes available at the desired point of time.

You can buy insurance to cover only the first or both of these eventualities.

While buying life insurance, people tend to get confused Which Company to buy???? So, just ask three main questions while buying

• Is the company profit making?
• Has the company having the highest no. of claim ratios
• Is the company having good products.

 In India LIC has:

·                       Assets 1,40,00,00,00,00,00,000 (14 Lakh Crores)

·        2^nd Biggest Real Asset holder in a country

·        Marketing forces 13.5 lakhs

·        Best Trusted Service Brand

·        Best Batch Processing Capacity (Software)

·        Non-corrupt Organisation

·        Best IT user

·        Customer’s 30 Crore +

  For more details on LIC's Effective Plan click on the below tabs:

Endowment Plans
 The Endowment Assurance Policy 
 Jeevan Mitra(Double Cover Endowment Plan)
Jeevan Mitra(Triple Cover Endowment Plan)
Jeevan Anand 
 Jeevan Saral

Children Plans
Jeevan Anurag
Jeevan Kishore
Jeevan Ankur
Jeevan Chhaya

Money Back Plans

New Bima Gold
The Money Back Policy-20 Years
The Money Back Policy-25 Years
Jeevan Surabhi-15 Years
Jeevan Surabhi-20 Years
Jeevan Surabhi-25 Years
 Bima Bachat

Whole Life Plans 
 The Whole Life Policy
 The Whole Life Policy- Limited Payment 
 The Whole Life Policy- Single Premium
 Jeevan Anand 
 Jeevan Tarang

Term Assurance Plans
 Anmol Jeevan-I
 Amulya Jeevan-I

 Plans for Handicapped Dependents
Jeevan Aadhar
Jeevan Vishwas

For calculating premium click on the below