Limited Term Life Insurance

Term Insurance With Return Of Premium

1. Death Benefit: Like traditional term insurance, TROP offers a death benefit, which means that in the event of the policyholder's demise during the policy term, the nominated beneficiaries receive a lump sum amount. This financial support helps your family cover expenses and maintain their standard of living.
2. Return of Premium: One of the distinguishing features of TROP is that if the policyholder survives the policy term, all the premiums paid throughout the term are returned to them. This unique benefit ensures that your investment in premiums is not lost and provides a lump sum payout at the end of the policy term.
3. Affordable Premiums: TROP policies typically come with more affordable premiums compared to other life insurance products. This makes it an attractive option for individuals looking to protect their family's financial future without a substantial financial commitment.
4. Flexible Policy Terms: TROP policies offer flexibility in choosing the policy term, allowing you to align the coverage period with your financial objectives and the time frame during which you anticipate needing financial protection.
5. Tax Benefits: Just like other life insurance policies, TROP offers tax benefits under Indian tax laws. The premiums paid are eligible for deductions under Section 80C of the Income Tax Act, making it a tax-efficient way to secure your family's future.
6. No Maturity Value: It's important to note that TROP policies do not offer any additional maturity value or investment component. They primarily provide a death benefit and the return of premiums if the policyholder survives the term.

Accidental Riders

Combo With Health Insurance

1. All-Round Protection: Combo insurance plans typically include health insurance, life insurance, and other coverages like critical illness or accident insurance. This multi-pronged approach safeguards your finances from various risks, from medical emergencies to life-changing events.
2. Savings on Premiums: Bundling insurance policies often leads to cost savings. You may enjoy reduced premiums compared to purchasing each policy separately. This can make comprehensive coverage more affordable.
3. Convenience: Managing a single combo insurance plan is more convenient than juggling multiple policies. You have a single point of contact for all your insurance needs.
4. Customization: Combo plans can be tailored to suit your specific requirements. You have the flexibility to choose the types and levels of coverage that match your financial goals and lifestyle.
5. Tax Benefits: Like standalone policies, combo insurance plans can offer tax benefits. You may be eligible for deductions under Section 80C and Section 10(10D) of the Income Tax Act.
6. Comprehensive Coverage: Whether it's medical expenses, protection for your family's future, or coverage for accidental injuries, combo insurance plans provide an all-encompassing safety net, ensuring you're prepared for life's uncertainties.
7. Financial Peace of Mind: Knowing that you have comprehensive coverage allows you to focus on your well-being and the well-being of your loved ones. It provides the confidence that you're financially prepared for whatever life throws your way.

Life Protection

1. All-Round Protection: Combo insurance plans typically include health insurance, life insurance, and other coverages like critical illness or accident insurance. This multi-pronged approach safeguards your finances from various risks, from medical emergencies to life-changing events.
2. Savings on Premiums: Bundling insurance policies often leads to cost savings. You may enjoy reduced premiums compared to purchasing each policy separately. This can make comprehensive coverage more affordable.
3. Convenience: Managing a single combo insurance plan is more convenient than juggling multiple policies. You have a single point of contact for all your insurance needs.
4. Customization: Combo plans can be tailored to suit your specific requirements. You have the flexibility to choose the types and levels of coverage that match your financial goals and lifestyle.
5. Tax Benefits: Like standalone policies, combo insurance plans can offer tax benefits. You may be eligible for deductions under Section 80C and Section 10(10D) of the Income Tax Act.
6. Comprehensive Coverage: Whether it's medical expenses, protection for your family's future, or coverage for accidental injuries, combo insurance plans provide an all-encompassing safety net, ensuring you're prepared for life's uncertainties.
7. Financial Peace of Mind: Knowing that you have comprehensive coverage allows you to focus on your well-being and the well-being of your loved ones. It provides the confidence that you're financially prepared for whatever life throws your way.

Income Option

1. Financial Security: Life Protection offers a lump sum payout to the nominee in case of the policyholder's death. This financial cushion can cover daily expenses, outstanding debts, and future financial goals, ensuring that your family remains secure.
2. Flexible Premium Options: Life protection plans come with a variety of premium payment options, allowing you to choose the one that suits your budget and financial capabilities.
3. Term Options: Policyholders can opt for various policy terms, ranging from a few years to several decades, ensuring that the coverage aligns with their long-term financial objectives.
4. Riders and Add-ons: Many policies offer additional benefits, known as riders, which can be added to enhance coverage. These may include critical illness riders, accidental death riders, and more.
5. Tax Benefits: Life protection premiums are often eligible for tax benefits under Section 80C of the Income Tax Act, making it an attractive investment option.
6. Savings and Investment: Some life protection plans offer a savings or investment component, allowing policyholders to build cash value over time. This can serve as a source of financial flexibility during the policy term.
7. Nomination and Assignment: Policyholders have the flexibility to nominate beneficiaries who will receive the policy proceeds in the event of their demise. Additionally, policies can be assigned to secure loans or collateral.
8. Peace of Mind: Life Protection offers peace of mind by ensuring that your loved ones are financially protected, even in your absence. It is a tangible expression of love and responsibility towards your family's future.

Life Critical Insurance

1. Regular Income Stream: With the Income Option, your beneficiaries will receive a pre-defined percentage of the sum assured as a regular income. This can be monthly, quarterly, or annually, providing a consistent financial lifeline to your family.
2. Financial Security: The primary objective of this option is to offer financial security to your dependents. In the event of your unfortunate demise, a steady stream of income can help cover everyday expenses, including household bills, education fees, and more.
3. Flexibility: Policyholders have the flexibility to choose the income payout period and the percentage of the sum assured that will be paid out. This allows you to tailor the plan to meet your specific financial goals and the needs of your family.
4. Survival Benefits: The Income Option often includes a survival benefit feature. If you outlive the policy term, you can receive a lump sum amount or continue to receive regular income payments, depending on the terms of the policy.
5. Policy Continuation: In some cases, the policy can continue after the income payout period. This ensures that your family's financial protection is maintained for an extended period.
6. Enhanced Rider Benefits: You can enhance the policy with optional riders for additional coverage, such as critical illness or accidental death benefits, further strengthening the financial safety net.

Traditional Insurance Plan

1. Death Benefit: Traditional insurance plans provide a death benefit, ensuring that the nominee or beneficiary receives a sum assured if the policyholder passes away during the policy term. This benefit offers financial security to the policyholder's family in a time of need.
2. Maturity Benefit: If the policyholder survives the policy term, they receive a maturity benefit. This lump sum amount can be used for various purposes, such as retirement planning, education, or other financial goals.
3. Guaranteed Returns: Traditional plans typically offer guaranteed returns, providing policyholders with predictability and security in their investments. The returns are predetermined and assured, offering a stable option for wealth accumulation.
4. Bonus and Dividends: Participating traditional plans may offer policyholders bonuses and dividends, which further enhance the policy's overall value over time. These additional earnings are typically distributed annually and can be a source of financial growth.
5. Loan Facility: Many traditional insurance plans allow policyholders to take loans against the policy's cash value. This feature can provide access to funds in times of urgent financial requirements.
6. Premium Payment Options: Traditional insurance plans often offer flexible premium payment options. Policyholders can choose between regular premium payments or limited premium payment terms based on their financial preferences.
7. Tax Benefits: Policyholders can avail tax benefits under Section 80C and Section 10(10D) of the Income Tax Act. Premiums paid are eligible for deductions, and the payout on maturity or in the event of the policyholder's demise is generally tax-free.
8. Riders and Add-ons: Policyholders can enhance their traditional insurance plans with riders and add-ons for additional coverage. Common riders include accidental death benefits, critical illness riders, and waiver of premium riders

Endownment Plan

1. Guaranteed Payout: Endowment plans offer a guaranteed sum assured, ensuring that your loved ones will receive a lump sum amount either at maturity or in the case of an unfortunate event.
2. Savings Component: A significant portion of the premium paid towards an endowment plan is allocated to savings and investments. This helps policyholders accumulate a corpus over the policy term, which can be used for various financial goals.
3. Maturity Benefit: If the policyholder survives the policy term, they receive the maturity benefit, which includes the guaranteed sum assured along with any accrued bonuses.
4. Death Benefit: In the event of the policyholder's demise during the policy term, the nominee receives the death benefit, providing financial support to the family.
5. Bonuses: Some endowment plans offer annual bonuses, such as reversionary or terminal bonuses, which enhance the policy's value over time.
6. Tax Benefits: Premiums paid and the benefits received under an endowment plan are eligible for tax benefits under Section 80C and Section 10(10D) of the Income Tax Act, making it a tax-efficient investment.
7. Surrender Value: Policyholders have the option to surrender the policy if needed, with the assurance of receiving a surrender value, although it may be lower than the total premiums paid.
8. Loan Facility: Many endowment plans offer the option to take a loan against the policy's cash value, providing financial flexibility when required.
9. Flexibility: Endowment plans often come with flexible premium payment options, including single premium, limited premium, and regular premium plans, allowing policyholders to choose the one that best fits their financial situation.
   
   

Child Plan

Health Plan

Corona Protection Plan

1. Comprehensive Coverage: Corona Protection Plan offers coverage for hospitalization and medical expenses related to COVID-19. It provides financial support for the treatment and recovery process, ensuring that you receive the best care when you need it.
2. Lump Sum Payout: In case of a COVID-19 diagnosis, the plan provides a lump sum payout to the policyholder. This financial support can be used as needed, whether it's for medical expenses, home quarantine costs, or any other financial obligations.
3. Family Security: The plan extends to your family's well-being. In the event of your unfortunate demise due to COVID-19, it offers a lump sum benefit to your beneficiaries, providing financial protection during a challenging time.
4. Affordable Premiums: The Corona Protection Plan offers affordable premium options, ensuring that you can secure your family's financial future without straining your budget.
5. Flexibility: The plan provides flexibility in terms of coverage and policy terms, allowing you to choose a plan that aligns with your specific needs and financial goals.

Wealth Creation With Insurance

1. Life Coverage: Wealth Creation with Insurance offers life coverage, ensuring that your loved ones are financially protected in the event of an unfortunate circumstance. This core element of life insurance provides peace of mind and security.
2. Investment Opportunities: A portion of the premium paid is directed toward investments in a selection of market-linked funds. This allows policyholders to potentially earn returns on their investments, creating wealth over time.
3. Flexibility: Wealth Creation with Insurance plan provides flexibility in premium payments, allowing policyholders to choose between single, limited, or regular premium payment options based on their financial capabilities and goals.
4. Partial Withdrawals: Policyholders have the flexibility to make partial withdrawals from the policy's accumulated value after a specified period, providing liquidity to meet financial needs or aspirations.
5. Additional Riders: The plan can be customized with additional riders to enhance the coverage further. Riders can include critical illness, accidental death, and disability benefit riders, tailoring the policy to individual needs.
6. Tax Benefits: Wealth Creation with Insurance offers tax benefits under applicable sections of the Income Tax Act, reducing the financial burden of taxes and maximizing returns.
7. Maturity Benefit: At the end of the policy term, policyholders receive the maturity benefit, which is the total accumulated value of the policy, helping them achieve their long-term financial goals.
8. Loyalty Additions: The plan may provide loyalty additions at specific intervals during the policy term, boosting the overall value of the investment.
9. Death Benefit: In the unfortunate event of the policyholder's demise, the plan provides a death benefit to the nominee, ensuring that the family's financial future remains secure.

Group Loan Protection Plan (SBI)

1. Comprehensive Coverage: Group Loan Protection Plan offers coverage against the outstanding loan amount in the unfortunate event of the borrower's demise. This coverage ensures that the burden of the loan does not fall on the family members or co-borrowers.
2. Affordable Premiums: The plan is designed to be cost-effective, with affordable premium rates, making it accessible to a wide range of borrowers.
3. Flexible Loan Types: It can be customized to cover various types of loans, such as home loans, personal loans, or business loans, ensuring that different financial needs are met.
4. Group Coverage: Borrowers under the same loan scheme can benefit from this coverage, creating a group safety net for individuals sharing a common financial liability.
5. Ease of Claim Settlement: The plan streamlines the claim settlement process, providing quick and hassle-free assistance to the nominee in the event of a claim.
6. Optional Rider Benefits: Depending on the specific needs of the borrower, additional rider benefits such as accidental death coverage or critical illness coverage can be added to the plan for enhanced protection.
7. Tax Benefits: Policyholders may be eligible for tax benefits under the prevailing tax laws, making it a tax-efficient financial tool.

Protect Insurance

1. Comprehensive Coverage: Protect Insurance provides a comprehensive life cover, offering a substantial sum assured to your beneficiaries in case of your demise. This financial protection ensures that your family's immediate and long-term needs are met.
2. Affordable Premiums: With affordable premium options, Protect Insurance makes it easy to secure your family's future without straining your budget. You can choose from various premium payment frequencies to suit your financial plan.
3. Flexible Policy Term: This insurance plan allows you to select a policy term that aligns with your financial goals and the duration of financial support your family may require.
4. Additional Riders: Enhance your coverage with optional riders, such as critical illness or accidental death riders, providing extra protection for specific contingencies.
5. Tax Benefits: Protect Insurance offers tax benefits under Section 80C and 10(10D) of the Income Tax Act, helping you save on taxes while securing your family's financial future.
6. Maturity Benefit: If you survive the policy term, you can receive a maturity benefit, providing financial support for your future needs.
7. Nomination Facility: You can nominate a beneficiary, ensuring a straightforward and timely claims process.
8. Loan Against Policy: In times of financial need, you may avail a loan against your policy, ensuring liquidity without surrendering the coverage.

Critical Illness Care

1. Comprehensive Coverage: Critical Illness Care typically covers a range of critical illnesses, including cancer, heart attack, stroke, organ transplant, and more. The policy offers a lump sum payout upon the diagnosis of any of the covered conditions.
2. Lump Sum Payment: In the unfortunate event of a critical illness diagnosis, policyholders receive a lump sum payment. This financial assistance can be used to cover medical bills, rehabilitation costs, or any other financial needs that may arise during recovery.
3. No Restrictions: The received payout has no restrictions, giving policyholders the flexibility to use the funds as they see fit, whether for medical treatments, lifestyle adjustments, or financial security for their family.
4. Tax Benefits: Premiums paid towards a Critical Illness Care policy are eligible for tax deductions under Section 80D of the Income Tax Act, providing added financial relief.
5. Additional Riders: Policyholders have the option to enhance their coverage by adding riders such as waiver of premium, which ensures that premium payments are waived in case of a critical illness diagnosis, and family coverage, which extends the benefits to family members.
6. Renewable: These policies are often renewable, allowing policyholders to extend their coverage and maintain financial security in the long term.
7. Waiting Period: Most policies have a waiting period before claims can be made. It's important to understand and adhere to the waiting period specified in the policy

Accidental Death Care

1. Accidental Death Coverage: The primary feature of this insurance is to provide coverage specifically for accidental death. If the insured individual passes away due to an accident, the policy pays out a predetermined sum assured to the beneficiaries.
2. Comprehensive Protection: Accidental Death Care offers comprehensive protection, ensuring financial security for your loved ones in case of accidental demise. This coverage complements existing life insurance policies and can be a crucial addition for those exposed to higher accident risks.
3. Affordable Premiums: Premiums for accidental death insurance are generally quite affordable, making it accessible for individuals from various financial backgrounds. It allows people to enhance their life insurance coverage without straining their budgets.
4. Flexible Payout Options: The policy provides flexibility in choosing how the payout is received. Beneficiaries can opt for a lump-sum amount or structured payments, depending on their specific financial needs.
5. No Medical Examination: In many cases, accidental death insurance policies do not require a medical examination during the application process. This simplifies and speeds up the policy issuance.
6. Additional Riders: Policyholders can often enhance their accidental death coverage with additional riders, such as disability coverage or coverage for specific accident types, offering even more protection.
7. Worldwide Coverage: Accidental Death Care typically provides coverage globally, ensuring that the insured is protected in case of accidents occurring anywhere in the world.
8. Renewable and Convertible: Some policies may offer the option to renew or convert the policy to permanent life insurance, providing long-term financial planning opportunities.

Permanent Disability Waivers

1. Coverage for Permanent Disability: Permanent Disability Waiver typically covers policyholders who have experienced a severe and permanent disability due to accidents, illnesses, or injuries. The exact criteria for determining permanent disability may vary among insurance providers.
2. Premium Waiver: If the policyholder is declared permanently disabled, the insurance company waives the obligation to pay future premiums for the life insurance policy. This relief ensures that the coverage remains intact, allowing the policyholder and their family to focus on recovery without the added financial strain of premium payments.
3. Specific Eligibility Conditions: Insurance providers in India have specific conditions and definitions for permanent disability, including the degree of disability and the waiting period before the waiver comes into effect. Policyholders must meet these conditions to qualify for the premium waiver benefit.
4. Continuous Coverage: During the period of premium waiver, the life insurance policy continues to provide coverage as agreed upon in the policy contract. This ensures that beneficiaries will receive the predetermined sum assured in case of the policyholder's demise during this time.
5. Reassessment of Disability: Periodic assessments may be required to determine if the disability remains permanent. If the policyholder's condition improves or is no longer considered permanent, premium payments may resume.
6. Peace of Mind: Permanent Disability Waiver offers policyholders and their families peace of mind during challenging times, as it ensures the continued coverage of the life insurance policy even when the policyholder is unable to earn an income.
7. Additional Riders: Some life insurance policies allow policyholders to enhance their coverage by adding permanent disability waivers as a rider or optional feature

Total Permanent Disability

1. Financial Protection: TPD coverage offers financial security to policyholders and their families if they experience a disability that renders them unable to work and earn an income.
2. Wide Coverage: This benefit typically covers a broad range of disabilities, including loss of limbs, paralysis, blindness, and cognitive impairments. The exact coverage may vary between insurance policies.
3. Lump Sum Payment: In the event of total permanent disability, the policyholder or their beneficiary receives a lump-sum payment, which can be used to cover medical expenses, rehabilitation, or any other financial obligations.
4. No Premium Payment: Often, once a TPD claim is approved, policyholders are not required to pay further premiums, providing relief from premium payments while still enjoying coverage.
5. Integration with Life Insurance: TPD coverage is often integrated into life insurance policies, offering a comprehensive solution that provides both death and disability benefits.
6. Eligibility Criteria: To claim TPD benefits, policyholders typically must meet specific eligibility criteria as defined in the policy terms. These criteria may include the severity and permanence of the disability.
7. Additional Riders: Some insurance providers offer additional riders for TPD coverage, allowing policyholders to customize their plans to best suit their needs and financial goals.