Life Insurance
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Plan for Life’s What-Ifs – Live Freely Today, Protected for Tomorrow
Insurance isn’t about fear. It’s about freedom. Whether it’s living too long or leaving too soon, the right insurance helps you and your family thrive, no matter what life throws your way.
Term Insurance
- It is an emergency financial cover given to the family in case of death of the Insured person.
- The premium is very less and the cover is very large in this Insurance.
- There are 2 options First is non return of premium – In case nothing happens to the insured in the entire policy tenure, nothing is given back.
- Second Option is Return of premium – In this scenario if nothing happens to the Insured, entire amount without Taxes is returned back.
- You can add riders such as Accidental double cover, Critical illness, Disability benefit etc by paying extra Premium.
Retirement Planning / Pension Creation
Incase, If we live very long we need money to survive. Post the age of 55 or 60 years, normally it is difficult for us to continue working for our living. It is the time to relax and enjoy the benefits of life, provided we do our retirement Planning in a proper way.
Ask a question to your self – What Pension will you get when you retire? Pension should be guaranteed and not linked to Market. Ideally, if some one is retiring in 2040 he should get a Pension of 3 to 4 lakhs per month, depending upon his Financial Status.
Ask a question to your self – What Pension will you get when you retire? Pension should be guaranteed and not linked to Market. Ideally, if some one is retiring in 2040 he should get a Pension of 3 to 4 lakhs per month, depending upon his Financial Status.
Key Benefits :
Remember - 70 % of Indians do not have Pension
You can Retire as early as 45, If u are able to create your Pension.
Get 50k to 1 lakh Per month, for Life time, Guaranteed & Tax Free Pension.
Get 1 Crore to 3 Crore of Risk Cover for Life Time, Guaranteed & Tax Free Pension
Create an Estate of the Next generation also.
Customer Approach :
- We first Analyze the Lifestyle and Income of the Customer
- We also analyze their existing Policies and check their Profitability.
- We also Understand their Future goals and dreams
- We also Understand their plans for Children s Higher education and Marriage.
- After thoroughly discussing with them, we come out with a Solution that will help create their Pension. As pension has to created after taking all other expenses into Consideration.
- Pension has to be Guaranteed for Life time and Tax free.
Process
All details and Documents are collected.
Details and Documents of existing illness or diseases are also collected ( This is very crucial, as most claims rejected are due to non submission or non disclosure of existing diseases or illness)
If, required, Medical tests are conducted with no cost to Customer and our executive will accompany for medical test.
Depending upon the Medical tests, loading may or may not be applied.
Post approval form underwritter, policy is generated
We also track your renewals, so that u don’t forget to pay your premiums.
We have a dedicated team for Claims which gives personalized service. U don’t have to go for process of the claims.. we will handle at our end.
Child Education and Marriage
Every Parent has a dream of giving their Children the best possible Education. Education in India is the Second most expensive thing and one has to plan very early and effectively. The planning has to start from the Birth of the Child. There are various plans which will help your child to get the best Eductation, even if something unfortunate happens to the Parents.
The only Mantra is start as early as possible. Jeevan Lakshya from LIC is my Favourite.
Once the Kids are educated and are settled in their Jobs, we as parents aspire to get them married and in India, its always the Big Fat Indian Marriage, it will also cost of a lot of amount. Thus Proper Planning is required, so that you don’t miss on the Happiness of getting your Grown up Kids Married.
The only Mantra is start as early as possible. Jeevan Lakshya from LIC is my Favourite.
Once the Kids are educated and are settled in their Jobs, we as parents aspire to get them married and in India, its always the Big Fat Indian Marriage, it will also cost of a lot of amount. Thus Proper Planning is required, so that you don’t miss on the Happiness of getting your Grown up Kids Married.
Critical Illness Coverage
It is the most neglected Insurance Plan in our society, but it is very crucial for every one. Medical Costs are Sky rocketed and , most of the plans only cover Death Risk. In Most of the severe cases where the person survives but the treatment of such critical disease is not covered in any Medical Policies. As these treatements are of a very long durations, you need a separate contingency fund, else all your savings will be washed away.
Easiest way of getting a critical illness policy is to get it as an ADD ON Cover with Term Insurance or any Life Insurance Plan. Alternately it can be also availed as a separate Critical Illness Policy. This policy triggers in case of First Diagnosis of the critical illness. The entire amount is paid upfront to the person, just on diagnosis.
Easiest way of getting a critical illness policy is to get it as an ADD ON Cover with Term Insurance or any Life Insurance Plan. Alternately it can be also availed as a separate Critical Illness Policy. This policy triggers in case of First Diagnosis of the critical illness. The entire amount is paid upfront to the person, just on diagnosis.
Plans for NRIs
- NRI's are the cultural brand ambassador of India across the world
- NRI’s usually earn well and spend well but it is equally important to save & protect money to build wealth.
- Another common challenge faced by NRI's is to invest in the right place or manage it properly, especially if one has a limited time in their hands as an NRI.
It is important to understand that what a normal resident person can save in India in 25-30 years, many NRIs can do that in just few years – which means that if an NRI plans well – he/she can do financially very well in few years and come back to India semi-retired or fully retired if required.
To create a secure financial future it is very important to invest a part of your current income in a regular and disciplined manner.
As there are no retirement benefits for NRI’s in certain countries it is very important for such NRI’s to create a retirement plan themselves. This will ensure that one can continue to enjoy their current lifestyle even after retirement without worrying about money.
NRI has certain additional Benefits of Investing in Life Insurance such as NO GST for NRI’s, Maturity is completely Tax Free ( Check the new Rules for Taxation with us). World wide Life Risk cover etc.
We shall be Happy to give you your Financial assessment and help you.
To create a secure financial future it is very important to invest a part of your current income in a regular and disciplined manner.
As there are no retirement benefits for NRI’s in certain countries it is very important for such NRI’s to create a retirement plan themselves. This will ensure that one can continue to enjoy their current lifestyle even after retirement without worrying about money.
NRI has certain additional Benefits of Investing in Life Insurance such as NO GST for NRI’s, Maturity is completely Tax Free ( Check the new Rules for Taxation with us). World wide Life Risk cover etc.
We shall be Happy to give you your Financial assessment and help you.
Merchant Navy Plans
Merchant Navy Employees are treated as NRI’s on technical term. So they enjoy all the benefits of an NRI like NO GST, Tax free Maturity etc.
There are Special Plans designed only for Merchant Navy Employees. These plans are very suitable to them as, most of them would like to have a Passive retirement at early age. These plans helps them invest Bigger amounts for a Shorter duration.
If Started early, By Mid 40’s they can accumulate a corpus of more than 10 or 15 Crores or even more and decide on Changing Jobs or Profile.
IAS/IPS Officers
There are again some plans designed keeping in mind the work profile of IAS or IPS officers. Having Huge Public responsibilities, they hardly get time to educate themselves on investment options. So there are special plans designed only for IAS and IPS Officers. Their needs are different, so Plans also have to be Different.
Bollywood Industry
This is the most Volatile Industry where inflow of money is never guaranteed. The Career span of most of the Actors/Actresses or Dancers are for a very limited time. Most of them earn good amount only in the peak time of their career. Planning for them is the most crucial thing. They have to plan in such a ways that the amount they earn in a limited time is invested in such a way that it will take care of them for the rest of the life.
So Special Plans are designed only for Bollywood People