Ensure your family maintains their lifestyle and achieves their dreams, even in your absence.
Pure Protection. High Cover, Low Cost.
It acts as an income replacement tool. If the breadwinner passes away, the family receives a large lumpsum (e.g., ₹1 Crore) to pay off Home Loans and manage daily expenses.
Savings + Insurance (Endowment/ULIP)
These plans help you save for specific goals like Child's Education or Retirement. You get insurance cover during the term, and a maturity amount at the end.
| Feature | Term Plan | Endowment / Money Back |
|---|---|---|
| Primary Goal | Financial Security for family | Wealth Creation / Saving |
| Premium | Very Low | Higher |
| Maturity Benefit | No (unless Return of Premium) | Yes (Sum Assured + Bonus) |
| Ideal For | Every earning individual | Risk-averse investors |
Most Indians are under-insured. As a thumb rule, your Life Cover should be at least 20 times your annual income plus any outstanding loans.
Talk to Advisor