LIFE INSURANCE

Life Insurance is a contract between an insurance policyholder and the insurance company. In return for the premium payments made by the policyholder, the insurance company guarantees to pay a lump sum after a specific period or in case of an unfortunate demise of the insured. A life insurance policy offers risk coverage and protects the family’s financial security. There are various life insurance plans such as Term Life Insurance, Whole Life Insurance, Endowment Policy, ULIPs, etc., to cater to the needs of every individual.