Insurance

Life Insurance provides a definite amount of money in case the life insured dies during the term of the policy or becomes disabled on account of an accident.

Life insurance protects dependants from the potentially devastating financial losses that could result if something happened to you. It provides financial security that helps to pay off debts, pay living expenses, and to pay any medical expenses.

Life Insurance is an effective tool which helps you to plan against the two major risks of life, which is dying too early or living too long. There are varieties of insurance products to choose to suit your situation that helps to achieve your periodical financial goals.

Life insurance is a contract that guarantees your family financial stability in your absence. By paying regular premiums, you create a safety net that ensures your loved ones maintain their quality of life.

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Types of Life Insurance plans

  • Term Insurance
    Provides highest life insurance cover at the lowest premium outgo
  • Endowment
    As the name suggest, the policy offers safe returns at the end of the policy term & provides death benefit during the policy term
  • ULIP
    A Unit linked insurance plan offers market linked returns as a part of your premium is invested in equity & debt related instruments. A ULIP plan offers better transparency and can be customised based on your personal requirements.
  • Annuity
    Annuity insurance offers the advantage to plan your retirement with an opportunity to choose from various funds like, Growth, Debt & Balanced Funds. An Annuity insurance policy helps you to build a corpus which can fund your retirement. There are 2 types of Annuity
    • Immediate Annuity Plans – Pension can be taken immediately
    • Deferred Annuity – Corpus can be built based on systematic investments and use the corpus to fund your pension from a specific age.
Life Insurance Planning Calculator

Your Monthly House Hold Expense (in Rs.)

40000
1100000200000300000400000500000

Your Outstanding Loan (in Rs.)

2000000
010000002000000300000040000005000000

Current FD Rate (in %)

15
020406080100

Inflation Rate (in %)

7.50
020406080100

For how many years you want to protect your house hold expenses?

20
020406080100
Goals you want to protect (Eg:- insert current value of child education, marriage, foreign trip, etc.)
Add Goal +
Remove Goal -
Life Insurance Planning
You need Life Insurance Cover of
Rs. 7268572

Insurance Corpus Utilization Summary

Loan Repayment

Rs. 2000000

Provision For Goals

Rs. 0

Household Expenses

Rs. 5268572

Insurance Corpus Breakup

Created with Highcharts 11.4.8Chart context menuHousehold Exp.LoanGoal
House Hold Expense Cash Flow
Created with Highcharts 11.4.8YearsValuesChart context menuMonthly House Hold ExpenseYearly House Hold Expenseinsurance Corpus Value13579111315171901.5M3M4.5M6M7.5M0400k800k1 200k1 600k2 000k
Family House Hold Expense Table
AgeCorpus
A
Monthly Expenses
B
Annual Expenses
C = B X 12
Balance
D = A - C
Interest
E = D X (Return*100)%
Balance + Growth
F = D + E
152685724000048000047885727182865506858
255068584280051360049932587489895742247
357422474579654955251926957789045971599
459715994900258802153835788075376191115
561911155243262918255619338342906396223
663962235610267322557229988584506581448
765814486002972035158610978791656740262
867402626423177077659694868954236864909
968649096872882473060401799060276946206
1069462067353888246160637459095626973307
1169733077868694423360290749043616933435
12693343584194101032959231068884666811572
13681157290088108105257305208595786590098
14659009896394115672654333728150066248378
156248378103141123769750106817516025762283
165762283110361132433644379476656925103639
175103639118087141704036865995529904239589
184239589126353151623327233564085033131859
193131859135197162236915094902264241735914
2017359141446611735935000

Note: Ignore the balance amount value of last year, actually it is Zero but its showing some amount due to rounded off calculations.

Safeguard Your Health and Well-being

Health insurance is a vital shield against unforeseen medical expenses. It ensures peace of mind by covering the financial aspects of healthcare. Health insurance is a financial product designed to cover medical expenses. It offers protection against the high costs of hospitalization, surgeries, and medical treatments.

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Personal Accident Insurance

Stay prepared for life's unexpected twists with our Personal Accident Insurance. Our policy offers financial protection in case of accidents resulting in injury, disability, or death. Whether at work, home, or traveling, we've got you covered around the clock. Enjoy peace of mind knowing that you and your loved ones are safeguarded against the financial burdens that accidents can bring. With customizable coverage options to suit your needs, you can focus on recovery while we handle the rest. Don't leave your future to chance - get the personal accident insurance you deserve and protect what matters most

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Customized Protection and Safety for Your Vehicle

Discover tailored motor insurance designed to fit your needs perfectly, ensuring your vehicle's safety on the roads. Motor insurance shields your vehicle against accidents, theft, and unforeseen damages, providing financial security and peace of mind.

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Travel Insurance

Travel with confidence with our comprehensive travel insurance. Our policy offers coverage for medical emergencies, trip cancellations, lost baggage, and more. Whether you're embarking on a relaxing vacation or an adventurous journey, we've got you covered. Enjoy peace of mind knowing that you're protected against unforeseen events that could disrupt your travel plans. With 24/7 assistance worldwide, our team is ready to provide support whenever you need it. Don't let unexpected mishaps ruin your trip - get the travel insurance you need today and travel worry-free.

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Home Insurance

Protect your home with comprehensive insurance coverage. Our policy safeguards your property against unexpected events such as fire, theft, natural disasters, and vandalism. Enjoy peace of mind knowing that your dwelling, personal belongings, and liability are all covered. With flexible options tailored to your needs, we ensure that you're financially protected from unforeseen circumstances. Our dedicated team is ready to assist you throughout the process, providing support and guidance whenever you need it. Don't leave your home unprotected - get the insurance you deserve today.

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