Life insurance is more than just a financial investment – it is a lifeline that can make your family’s future financially secure in your absence too. You need to prepare for the worst and that includes accidents as well as unexpected and untimely death. What will happen to your family after that?
This is when your life insurance can act as a safety net and protect your family from economic hardship.
Having the best life insurance agent in Kolkata can turn uncertainties into stability so that you can live each day stress-free.
Finance is an asset. While you work to accumulate it, we work to grow it. Be it for your retirement or to achieve your dream goal, or be it to make your decendants financially secure, we ensure that your wealth is protected across generations.
Life insurance is equivalent to a safety net but in terms of finance. This insurance provides your family and loved ones with monetary support in case of your unexpected or untimely death. You can invest in this insurance by contacting a reputed life insurance agent. All you need to do is pay regular premiums for a specific period based on the terms and conditions of the policy. These deposited premiums will secure a lump sum payout which is also known as a death benefit. This benefit is passed over to the beneficiaries of your life insurance.
Your family or loved ones can use this money to cover education costs, mortgage payments, daily living expenses, and more. This payout can ensure financial stability for your family, assuring peace of mind for you as well as your family. This insurance can protect them financially when you are no longer around to help them.
What is a Savings plan?
Savings plans under the umbrella of life insurance plans offer the opportunity to the investor to generate corpus for the future. With such plans the investor can achieve both the long-term and short-term financial goals. Along with financial accumulation, savings plans also offer death benefit, which means that the beneficiary of the insured can receive a lump sum amount on the unfortunate demise of the insured within the policy tenure.
What are the benefits of a Savings plan?
The benefits of investing in Savings plan are –
Who should invest in Savings plan?
Individuals who wish to accumulate funds for the future and financially cover the beneficiary on demise can consider savings plans.
What is an Investment plan?
Similar to savings plans, investment plans are life insurance policies that allow the investor to accumulate funds to achieve both short-term and long-term financial objectives. Investment plans also offer death benefits along with variable payout options for the investor to offer financial protection to the financial goals and family.
What are the benefits of Investment plan?
The benefits of investing in Investment plan are –
Who should invest in Investment plan?
Investors wishing to offer financial protection to their families and accumulate funds to address their financial goals can consider investment plans. It can also work as a way to earn money after retirement.
What is a Child’s Plan?
Child plan is an amalgamation of both investment and insurance plan that drives the financial security of a child and caters to the future requirements. A child’s education and marriage can be covered under such a child’s plans. These plans offer life protection as a lump sum payment at the end of the policy term. These also offer flexible pay-outs to address the crucial milestones of the child’s educational needs.
What are the benefits of a Child’s Plan?
The benefits of investing in Child’s Plan are –
Who should invest in Child’s Plan?
Parents willing to protect the financial future of child’s and arrange for funds for the child’s education, marriage and other necessities can opt to purchase a child’s plan.
What is a Retirement Plan?
Retirement plans are a type of life insurance plans that allows the insured to generate funds for post-retirement financial stability. Retirement plan helps in dealing with uncertainty after retirement and also confirms a steady income through the Insurance scheme. The insured can enjoy tax benefits along with a flexible vesting age and life coverage.
What are the benefits of Retirement Plan?
The benefits of investing in Retirement Plan are –
Who should invest in a Retirement Plan?
Individuals who desire to accumulate funds for their post-retirement life to meet medical expenses and other financial requirements can purchase retirement plans. The entry age and the vesting period may vary between different insurers and hence make sure that you enquire about these terms.
What is ULIP?
Unit Linked Insurance Plan or ULIP is a mix of both investment and insurance under a single policy. With ULIP the primary objective is to create wealth along with life coverage. On purchasing ULIP, a portion of your investment is invested in equity or debt funds to cater to your long-term goals such as retirement, child’s education, marriage or for other medical emergencies.
What are the benefits of ULIP?
The benefits of investing in ULIP are –
Who should invest in ULIP?
Investors with adequate risk appetite and the market knowledge can consider Unit Linked Insurance Plans as a lucrative investment and insurance option. However, these plans are linked to market volatility and hence the return may differ from the amount promised at the time of purchasing the plan.
What is the Term plan?
Term plan or term insurance plan is a type of life insurance policy that offers financial coverage for a predetermined tenure. The nominee of the policy receives the sum insured in case there is a sudden demise of the policyholder. These policies offer pocket friendly premiums against a handsome sum assured.
What are the benefits of the Term plan?
The benefits of investing in Term plan are –
Who should invest in a Term plan?
Individuals who desire to financially protect their family by securing a lump sum amount against a pocket-friendly premium can choose term insurance plans.
The benefits of Life Insurance include –
Age: Any individuals can invest in Life Insurance, especially the ones in their 20s, 30s, or 40s. People in their 20s and 30s can secure lower premium rates with long-term benefits. People in their 40s or 50s are approaching retirement and can ensure financial stability for their loved ones in case of any accidents.
Career: Irrespective of your profession (whether an employee or an entrepreneur), your income plays an important role while issuing a life insurance policy. Depending on the income, your sum assured and the premium is determined.
Citizenship : Indians, NRIs and PIOs can purchase a life insurance policy in India. For such cases, a written communication needs to be made to the insurer. NRIs can pay their premiums through their NRO accounts, FCNR/NRE accounts or remittance in foreign currency.
Enquire Now
You can choose to invest or purchase online or offline. In case you choose the online method, you will have to share all the detailed information, submit the required documents and make the payment. Once remitted, you can download the e-policy bond for future reference.
In case of an offline method, the insurer shall guide the entire process and you will have to make the payment through a cheque, debit/credit card, or cash. You will also have to fill up the proposal form with all the required documents and supporting documents (if necessary). The policy bond shall be delivered to your mentioned address.
Contact Us
The answer to the question is quite simple. We are a reliablelife insurance agent in Kolkata and our robust technology helps keep your money safe and secure. Besides, we render top-quality services, a factor that many organisations fail to look upon.
Transparency and accountability are our pillars of foundation, we make sure that your money is safe and growing with us. We help you manage financial risk and save vigorously for your child’s education or wedding, for your retirementand more. Our services are consistent and our strength lies in hearing all. We help individuals from all financial strata to invest, save and create wealth for a better and secured future.
The right amount of coverage depends on your family needs and financial objectives. A financial expert, like us, can evaluate your goals and help you determine the right amount of coverage.
Yes, you can have more than one policy for life insurance. In fact, choosing multiple policies can help you increase the coverage and meet your financial goals, securing your loved ones.
Riders can enhance the life insurance policy by providing some additional benefits. These benefits can be anything – from coverage for critical illness and benefits for accidental death to waiver of premiums.
When choosing a life insurance policy, you have to consider your financial goals, how much premium you can afford, and the amount of coverage you will need. You can also assess the benefits offered.
