Life Insurance

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Life Insurance
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• WHAT IS LIFE INSURANCE?

Life insurance is a type of insurance policy in
which the insurance company agreed to pay a
specified amount of money to the beneficiary upon
the death of the insurance holder. The insurance
holder pay premium to the insurance company
during the entire contractual period. The
insurance holder also get some added benefits
with this policy.
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• TYPES OF LIFE INSURANCE

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• WHY DO WE NEED LIFE INSURANCE?

• To provide protection to our family.
• To meet financial requirements of the family.
• To repay loans and debts.
• To get tax benefits.
• To get medical treatment coverage during
  accidents and critical illness.

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• WHO NEEDS LIFE INSURANCE

• Any individual having a family.
• Housewives, depending on their contribution to
  the family.
• Children, for their secured future.
• Employees of an organization or a company.

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• GENERAL GUIDELINES FOR BUYING LIFE INSURANCE

• Firstly check whether the Insurance company who
  is issuing the insurance policy is registered
  with IRDA.
• Always buy life insurance products from genuine
  and licensed brokers.
• It is generally advisable to buy life insurance
  products directly from the issuing company.
• Always read the policy information, guidelines
  and brochure carefully before buying the
  insurance product.
• Read carefully the terms and conditions and
  validate what it covers.

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• DO I REALLY NEED A LIFE INSURANCE POLICY?

Yes, you do! Get the insurance quotes from top
life insurance companies such as MaxLife, HDFC
life etc. and figure out the best one for your
needs.
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Thank You