Insurance Service Provider In Navi Mumbai
Make Your Life More Certainty, Possibility & Secure with Life Insurance
Insurance
There are Two Broad Types of Insurance: Life Insurance and General Insurance
LIFE INSURANCE
1.Term Life
2. Money-back policy
3. Unit-Linked Insurance Plan
4. Pension Plans
GENERAL INSURANCE
1. Motor Insurance
2. Home Insurance
3. Health Insurance
4. Fire Insurance
What is Life Insurance
Life insurance is a contract that offers financial compensation in case of death or disability. Some life insurance policies even offer financial compensation after retirement or a certain period of time. Life insurance, thus, helps you secure your family’s financial security even in your absence. You either make a lump-sum payment while purchasing a life insurance policy or make periodic payments to the insurer. These are known as premiums. In exchange, your insurer promises to pay an assured sum to your family in the event of death, disability or at a set time.
What is General Insurance
A general insurance is a contract that offers financial compensation on any loss other than death. It insures everything apart from life. A general insurance compensates you for financial loss due to liabilities related to your house, car, bike, health, travel, etc. The insurance company promises to pay you a sum assured to cover damages to your vehicle, medical treatments to cure health problems, losses due to theft or fire, or even financial problems during travel. Simply put, a general insurance offers financial protection for all your assets against loss, damage, theft, and other liabilities. It is different from life insurance.
BENEFITS OF LIFE INSURSNCE
1. Financial Security
2. Secure Your Child's Future
3. Prevent Loan Burden
4. Retirement Planning
5. Tax Benefits
