Life Insurance

1. Term Plan

Life, as we know, is full of uncertainties. And to keep ahead of them, you need to plan ahead. Term Plan is a pure life insurance Plan that offers you comprehensive and affordable coverage for a limited period of time to suit your needs.

The sole objective of Term plans is to serve the protection needs of the customers and by doing so, safeguard one’s family from the financial implications of unfortunate circumstances that one cannot foresee. If the insured dies during the term, the death benefit will be paid to the beneficiary.

Key Features

•  Get higher insurance protection at economical rates
• Optional Accidental and Disablement Rider to enhance protection
• Economical way to protect your family against financial liabilities Like loss of income and outstanding loans etc
• Suitable for business owners who want to cover the life of their key employees
• Tax benefits under sections 80C, 80D and 10(10D) of Income Tax Act, 1961.

2. Endowment Plan

You have given your family the very best. And there is no reason why they should not get the very best in the future too. As a judicious family man, your priority is to secure the well-being of those who depend on you. Not just for today, but also in the long term. More importantly, you have to guard your loved ones against any eventuality. How will they sustain their way of life, so lovingly built by you, in your absence?

Endowment Plan is a protection plan that covers your life and at the same time ensures that your money does not lie idle. It invests a portion of your premium in financial instruments and ensures a considerable growth in savings.

Key Features

• Twin Benefit of protection and saving
• Sum Assured is paid on survival, at the end of the Premium Paying Term
• Wealth creation through bonus additions
• More value for your money by way of High Sum Assured Rebate

3. Pension Plan

Let your golden years be the most precious of your life, full of freedom and choice. A time to pursue your hobbies, travel and enjoy the good life. You will never miss your salary cheque or be constrained by rising inflation. Even as you work hard to make a better today, it is up to you to create a superior tomorrow. If you want to sustain your current lifestyle even after you stop working, make that money work for you.
A Pension Plan is a plan for setting aside money to be spent after retirement.
Pension Plans which will make sure that we are there to support you in every stage of your life and your savings today become your wealth and support for your future years to come.

Key Features
• A Guaranteed Monthly from the Selected Retirement Age and continued during the lifetime of the policyholder
• A Guaranteed Life Assurance amount from inception until age 75 or 90
• There is no upper limit to the amount of premium that can be paid into the Personal Pension Plan • 100% of your contribution will be credited to Personal Pension Fund Account (PPFA).

4. United Linked Plan

ULIP (Unit linked insurance plan) are a category of goal-based financial solutions that combine the safety of insurance protection with wealth creation opportunities. In ULIPs, a part of the investment goes towards providing you life cover. The residual portion of the ULIP is invested in a fund which in turn invests in stocks or bonds; the value of investments alters with the performance of the underlying fund opted by you.

Key Features

• Flexibility to choose your Life Cover and also increase or reduce your Sum Assured to match your requirements through the Policy Term
• Flexibility of choosing investment funds: Hassle free investment management product with market related returns. Investment flexibility to choose from 5 funds to match your attitude to investment risk and return.
• Maturity Switch Option to help you manage the investment in your portfolio, as you grow older and closer to the maturity of your plan term by progressively moving your investments from the Equity fund to the Liquid fund.
• Increase the value of your savings by contributing through Top-up premiums over and above your regular premiums.
• Liquidity by way of partial withdrawals from your funds, as and when required post completion of 3 years since Policy start date, to meet any unforeseen financial hardships.
• Flexibility of Switching/Redirection between the available funds to take advantage of market movements or change in risk attitude
• Save tax while investing under section 80C and get Tax-free maturity benefits under section 10 (10 D) of the Income Tax Act,1961

5. Child Plan

Being a parent is one of the joys of life. Your child looks up to you and depends on you for love, protection and support. You want to provide your child with the best in life. Children’s Plans helps you save so that you can fulfill your child’s dreams and aspirations. These plans go a long way in securing your child’s future by financing the key milestones in their lives even if you are no longer around to oversee them.

Key Features

• The premium can be paid on a monthly, quarterly, half-yearly and annual basis.
• Insurance cover on the life of child.
• Money at critical milestones in your child's career path - college education, higher education, marriage.
• Life time income to child in the event of disability.

6. Health Plan

A wise man once said, “Sometimes you need to spend a little money to save a lot...” That’s especially true where healthcare is concerned. No matter how careful you are, illnesses do occur. And with medical costs spiraling out of control, even a minor ailment can turn out to be a major drain on your household expenditure.


To ensure that you do not have to compromise on the treatment of your loved ones,
Health plans give you the financial security to meet health related contingencies. Due to changing lifestyles, health issues have acquired completely new dimension overtime, becoming more complex in nature. It becomes imperative then to have a health plan in place, which will ensure that no matter how critical your illness is, it does not impact your financial independence.

 Key Features
• Cover for in-hospital medical treatment from sickness and injury.
• Pre and post hospitalization expenses
• A comprehensive health insurance, open to an individual and families.
• Sum Insured: Wide Range of Sum Insured available from Rs. 1 lakh to Rs. 5 lakh
• 5% bonus on Sum Insured for every claim-free year.
• Tax Benefits under ‘Section 80D’