Life Insurance Policies
What is Life Insurance Policies?
Life insurance policies are contracts between an individual and an insurance provider, designed to provide financial protection to beneficiaries in the event of the policyholder’s death. These policies pay a lump sum to the designated beneficiaries, helping them cover expenses such as debts, education, or daily living costs. Life insurance can also offer additional benefits like savings components or critical illness coverage, depending on the policy type.
At SenseInsur, we offer a variety of life insurance policies tailored to meet your unique needs and financial goals. Whether you’re looking for term insurance, whole life coverage, or specialized plans, SenseInsur ensures that your loved ones are financially secure, providing peace of mind for the future.
Life Insurance Policies
term insurance policy – this simplest form of life insurance.
- The benefits are gets nominee when policy holders after the death.
- when policy covers only sickness and accident situations.
- this policy have lower premium with highest coverage.
- some of company policy premiums
Premium Type | HDFC Life | ICICI Prudential | Max Life |
---|---|---|---|
Regular | 1635 | 1880 | 1537 |
Whole life insuance policy – The policy extend life insuance coverage until the death of the policy holder.
- This policy have addition benefits rather han term insurance policy such as.
- Maturity benefits
- Survival benefits
- Bonuses
PREMIUM PAID FOR LIMITED YEARS