Home Life Insurance
Life Insurance

Risks and uncertainties are a part of human life which may result in financial losses. Everyone should be prepared for unforeseen circumstances. Life insurance helps you to secure your immediate family’s financial future in the unfortunate event of your untimely demise. Except for death benefits, it also provides maturity benefits in the form of payout if the insured survives the entire term of the policy.

Who will take care of your loved ones even after you are gone?” If this question bothers you, Life Insurance is the answer. Buying life insurance is needed to secure your family's financial future, if tomorrow something unfortunate happens to you.

In addition to serving as a protective cover, life insurance also acts as an ideal tax-saving scheme.

How much insurance do I need?

You should always consider the following factors before buying a life insurance policy:

  • Your age and number of dependents
  • Your annual income and annual expenses
  • Your outstanding liabilities like home loan, car loan, etc.
  • Your investments/savings
  • Your lifestyle expenses
  • Money you would require in future

    • The amount of life insurance one needs vary from person to person. It is suggested that you should have an insurance cover of around 5 to 10 times of your annual income.