Life insurance is a contract between an insurance policyholder and an insurer or assurer, where the insurer promises to pay a designated beneficiary a sum of money in exchange for a premium, upon the death of an insured person. Depending on the contract, other events such as terminal illness or critical illness can also trigger payment. The policyholder typically pays a premium, either regularly or as one lump sum. Other expenses, such as funeral expenses, can also be included in the benefits.
Life Insurance is an essential part of anyone's financial well being. We strongly advise all our customers to go for term insurance & we can execute the same through HDFC Standard Life Insurance & Kotak Life Insurance. Apart from this, we offer endowment policies, money-back policies, annuities, child plans & pension plans offered by insurance companies.
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