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LIFE ASSURANCE
We live in uncertain times - the whole world is in a state of unrest. But one thing is certain: our insurance products protect you from all risks. We explain how you can take out your insurance online quickly and easily!
Benefits
Life Cover
A life insurance policy provides a sum assured as the death benefit in the event of the demise of the policyholder, thereby providing financial security to the insured family. Life insurance thus acts as a shield and ensures that the goals and aspirations of the insured’s family members are not affected even in his/her absence.
Peace of Mind
Life Insurance helps creating a sense of peace of mind for an individual because it ensures that the policyholder gets life coverage and also ensures that the policyholder’s loved ones are financially secured at the time of the untimely demise of the policyholder. Life insurance also provides financial aid at the time of medical emergencies that decreases the stress to arrange funds right at the same time.
Tax Benefits
Life insurance premiums qualify for tax deduction the sum assured received on maturity of the life insurance plan is tax-free if the premium is up to 10% of the sum assured or the sum assured is at least 10 times the premium amount.
