Insurance & Risk Coverage

Protect Your Wealth. Secure Your Future.

Insurance is not an expense — it is financial protection.

Why Buy Insurance

Life Insurance

Health Insurance

Motor Insurance

Property Insurance

Travel Insurance

Your Financial
Safety Net

Life Insurance is a financial cover for contingencies linked to human life, such as death, disability, accidents, and retirement. It serves as a vital income replacement for the household when an income earner is no longer able to provide.

Why You Need Life Insurance

Everyone faces the twin risks of dying too soon or living too long. Life Insurance is essential to

Financial Support

Ensure your immediate family has financial backing in the event of your demise.

Childhood Goals

Finance your children’s education and other future needs.

Retirement Planning

Create a savings plan to have a constant source of income after retirement.

Income Supplement

Provide extra income if earnings are reduced due to serious illness or accidents.

Kinds of Life Insurance Policies

Policy Type

Purpose & Key Benefit

Term Insurance

Protection for a set period; a benefit is paid to dependants in case of death or permanent disability.

Whole Life Insurance

Guaranteed lifelong protection and an ideal way to create an inheritance for your heirs.

Endowment Policy

A savings-linked policy with a specific maturity date or death/disability benefits.

Money Back Plans

Provides periodic survival benefits (a percentage of the sum assured) during the policy term.

Children Policies

Regular income for post-retirement. Includes Immediate Annuity (starts now) and Deferred Annuity (accumulates for the future).

ULIPs

A mix of investment and protection where the investment risk is borne by you as the investor.

Buying Guide: Do’s & Don’ts

The Do’s

Define Requirements: Think through why you are buying insurance and what your core expectations are.
Seek Advice: Be open-minded but cautious; ask questions about premium frequency and payment options like ECS.
Fill Personally: Complete the proposal form yourself, truthfully and completely.
Nomination: Ensure you fill in the nomination details correctly to avoid future disputes.
Keep Records: Maintain a copy of the completed proposal form and any signed declarations.

The Don’ts

No Blank Columns: Do not leave any column blank in the proposal form.
No Third-Party Filling: Do not let anyone else fill out your form for you
No Concealment: Do not conceal or misstate facts, as this could lead to disputes during a claim
No Delays: Do not miss or delay your premium payments to ensure continuous coverage.

Determining Your Coverage

The amount of Life Insurance you need depends on your number of dependants, desired lifestyle, children’s education costs, and your overall affordability.