Life Insurance
To avoid future financial loss due to death of earning member of family Life Insurance product required.
There are different type of Life insurance products.
- Term Policy
- Whole life Policy
- Endowment Policy
- ULIP Policy
The plain vanilla Term Plan is the best product in Life insurance. One must have pure term plan if someone or more financially dependent on him/her. Similarly,one should not take any life insurance if no one is financially dependent on him/her. We should understand clearly that Life insurance is not a product for investment, to a certain extend it can be saving product that depend upon every individual need and liking.