Life Insurance

Life insurance is a contract providing for payment of a sum of money to the person assured or, failing him, to the person entitled to receive the same, on the happening of certain event. A Family is generally dependent for its food, clothing and shelter on the income brought in at regular intervals by the breadwinner of the family. So long as he lives and the income is received steadily, that family is secure; but should death suddenly intervene the family may be left in a very difficult situation and sometimes in stark poverty. Uncertainity of death is inherent in human life. It is this uncertainity that is risk, which gives rise to the necessity for some form of protection against the financial loss arising from death. Insurance substitutes this uncertainity by cetainity.

Best Combination Plan for secured family Save Rs.5000/- monthly and secure your family and yourself with various benefits with limited premium paying term

a) Rs.60lakhs Sum Assured from Day 1

b)If unfortunate death- 60lakhs to Nominee and from very next year Rs.1Lakh every year for child education for next 10 years and Rs.26.50lalkhs for child marriage in the 25th year.

c) On Maturity get 26.75Lakhs d) Save Tax upto Rs.15000/- every year