Insurance plans

Life is full of uncertainties. While this might mean a lot of opportunities for some, others might focus on the problems that might come up in the future. Another viewpoint would be, that you focus on the opportunities, while also being prepared for the worst possible outcomes. This way, you can make the most of both worlds. When you consider life, the worst possible outcome could be the death of an individual. It not only brings a lot of pain for their loved ones but also a lot of financial challenges also. More so, if the person happens to be the only earning member of the family. To ensure that your loved ones do not have to face the wrath of financial struggles in your absence, you can opt for a term plan of 50 Lakh or more. Term plan of 50 Lakh or more will make sure that any existing debts are cleared and that your loved ones can focus on their future as well. The term plan will enable your parents to have access to better health care, education for children or even marriag

Life Insurance Plans helps us protect our family members financially with a sum assured on our death to ensure they face no hardships after it. That is, the insured individual under the plan can financially secure their family members by paying regular premiums, even in their absence to minimize the difficulties that they might face after.  But the benefits of Life Insurance only go so far. In case you are looking for ‘Pure Protection Plans’, as Term plans are commonly referred to as, to provide financial aid in your absence then Term plans is the go-to. This is because Term plans specially cover for death. They offer the sum assured as ‘Death Benefit’ only if the insured individual passes away within the policy term. Moreover, they also provide for expensive treatments on diagnosis of an ailment or disability due to an accident if additional riders are availed. The payouts offered are mainly on a lump sum basis but can also be divided monthly if required.  What are Term Insuranc

Parenthood is an extremely happy phase of life but this phase has its responsibilities. For providing a very good lifestyle, good education and fulfilling all other necessities of your children you will need proper financial planning. This need for a financial corpus is understood by the SBI Life Insurance Company and has been addressed by SBI Life Insurance Child Plan. SBI Life Insurance Child Plan SBI Life Insurance Company is a joint venture between the State Bank of India and BNP Paribas Cardiff. The State Bank of India has a stake-holding of 74% of the company whereas the BNP Paribas Cardiff has a stake-holding of 26%. The SBI Life Insurance Company offers a very wide range of insurance products for its customers and also gives utmost importance to customer satisfaction. SBI Life Insurance Child Plans SBI Life Insurance Company offers various child insurance plans so that you can choose the plan according to the requirements of your child. SBI Life-Smart Champ In