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| Life insurance |
Life Insurance Plans
Buying Life Insurance plan is the safest and the most secure way to protect your family or dependentsagainst financial contingencies that may arise post the unfortunate event of your untimely demise. Under a Life Insurance Contract in India, the insurer assures to pay a definite sum to the policyholder’s family on his demise during the policy term.
What is Life Insurance?
Life Insurance is an agreement between an insurance company and a policyholder, under which the insurer guarantees to pay an assured some of money to the nominated beneficiary in the unfortunate event of the policyholder’s demise during the term of the policy. In exchange, the policyholder agrees to pay a predefined sum of money in form of premiums either on a regular basis or as a lump sum. If included in the contract, some other contingencies, such as a critical illness or a terminal illness can also trigger the payment of benefit. If defined in the contract, some other things, such as funeral expenses might also be a part of the benefits.
This whole data taken from policybazzar. For best and best information for you.
Best Life Insurance Plans in India 2016
Life Insurance Plans
|
Entry Age (Min/Max)
|
Policy Term (Min/Max)
|
Sum Assured (Min/Max)
|
20/75 years
|
10/30 years
|
3 Lacs/NA
| |
18/70 years
|
10/35 years
|
25 Lacs/100 Crores
| |
18/70 years
|
5/30 years
|
20 Lacs/NA
| |
18/70 years
|
10/30 years
|
20 Lacs/NA
| |
18/75 years
|
10/35 years
|
50 Lacs/NA
| |
18/75 years
|
10/40 years
|
25 Lacs/NA
| |
18/60 years
|
5/35 years
|
25 Lacs/NA
| |
18/75 years
|
5/40 years
|
10 Lacs/NA
| |
18/75 years
|
10/30 years
|
25 Lacs/NA
| |
18/55 years
|
10/35 years
|
25 Lacs/NA
| |
18/50 years
|
15/50 years
|
1 Lac/NA
| |
18/60 years
|
5/30 years
|
75000/NA
| |
30/45 years
|
15/25 years
|
1,05,673/NA
| |
14/55 years
|
10/10 years
|
(7 or 10) x Annual Premium/20 x Annual Premium
| |
18 /65 years
|
10/30 years
|
10 Lacs/10 Crores
|
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