Term Insurance
Term insurance is the most affordable type of life insurance that pays death benefit to the nominees after the unfortunate death of the policy holder. Get high life cover to protect your family, like 1 Crore, 2 Crore, 5 Crore, 10 Crore. Get large coverage at low premium rates. Premium rates for term insurance depend on various factors, like age, income, health condition etc. Avail tax benefits u/s 80c, 10(10D) of income Tax Act, 1961. Get coverage against critical illnesses. Accidental Death etc with riders.
Child Plans
Child education plans are financial tools for securing a child's future, especially for higher education needs. They combine life insurance with savings, where parents pay premiums that accumulate into a maturity benefit for the child's education. These Child plans offer life cover, and in case of a parent's demise, they provide additional benefits like covering remaining premiums.
Pension Plan
Smart Pension Plus is a traditional non-linked non-participating individual/group Annuity savings plan that ensures you have your financial independence with a secure and regular stream of income in the golden years just the way you want. The product offers flexibility in terms of annuity payouts for all plan options with an option to choose from immediate or deferred payouts. The mode of receiving the annuity payout can also be selected from Monthly, Quarterly, Half-yearly or Yearly modes and the regular income will be paid out as per the options selected.
Ulip Plans
ULIP full form is Unit Linked Insurance Plan, which is a multi-faceted life insurance product. A ULIP plan is a combination of life insurance and investment. ULIPs requires you (as a policyholder) to make regular premium payments, part of which is utilised to provide life insurance coverage. The remaining is pooled with the assets received from other policyholders, and then invested in financial instruments (i.e. equity and debt), similar to mutual funds. Investment in ULIP means you can stay financially secure against emergencies and grow your money as well.
