Life Insurance Policy 1 Cr

Q.Is Life Insurance Policy Worth Rs.1 Crore in SBI? A.Life insurance policies not only covers an individual for life but also provide a lump sum amount in case the policyholder passes away in an untimely fashion. In today’s date, there are multiple life insurance policies one can choose from.. In this video i am explaining you all 1 crore term insurance plan of Ageon life i term plan which is only you can enroll with ₹496 on monthly mode . I am also explaining you the features .... The New Endowment Plan is an endowment life insurance policy where the insurance cover chosen can easily be past Rs. 1 crore. New Jeevan Anand: This is an endowment scheme that offers discounts on the premiums if the sum assured is really high. Limited Premium Endowment Plan:. Term life insurance offers best coverage at lowest premiums. Compare life insurance plans online & get a life plan with best sum assured & rider benefits.. A life insurance policy is a contract between the policyholder and the insurance company that authenticates the payment of a death benefit to the nominee upon the death of the policyholder. There are many types of insurance plans available for the customers and some of which are Unit Linked Insurance Plans, Term life insurance , and Endowment plans..

Term insurance premiums are also the cheapest amongst other life insurance plans. Term insurance plans are the best form of insurance because they are pure protection plans. If we compare term insurance plans with other insurance plans, in this type of policy only the risk of death is covered for the term of the plan.. Since a life insurance policy is a long-term investment, it is necessary to opt for a plan that will meet your short-term and long-term goals. Considering the number of insurance plans that are offered by LIC, one is guaranteed to not face any hassles when looking to purchase a policy from the insurer..

Term Life insurance is the purest and most cost effective form of life insurance. This type of life insurance provides financial protection to the nominee in case policyholder dies during policy term. Term Insurance policies provide high life cover at lower premiums. For eg: Premium for ` 1 Cr Term Insurance cover could be as low as ` 490** p.m.