Products
Financial Security For Family
Term Life Insurance
Benefits: Affordable premiums, provides coverage for a specific term (e.g., 10, 20, 30 years), simple and straightforward, ideal for temporary needs (e.g., paying off a mortgage, covering children’s education).
Whole Life Insurance
Benefits: Lifelong coverage, builds cash value over time, premiums typically remain constant, can be used for estate planning, potential for dividends.
Universal Life Insurance
Benefits: Flexible premiums and death benefits, accumulates cash value with adjustable interest rates, offers potential for tax-deferred growth, can be tailored to changing financial situations.
Variable Life Insurance
Benefits: Offers investment options, potential for higher returns (but also higher risks), allows policyholders to allocate premiums to investment accounts, offers cash value growth potential.
Indexed Universal Life Insurance
Benefits: Combines elements of universal and variable life insurance, cash value growth tied to a market index, potential for higher returns without direct market exposure, flexibility in premium payments.
Survivorship Life Insurance (Second-to-Die)
Benefits: Covers two individuals (typically spouses) under a single policy, pays out upon the death of the second insured, often used for estate planning and leaving a legacy.
Guaranteed Issue Life Insurance
Benefits: No medical exam required, guaranteed acceptance, suitable for individuals with health issues, provides a small death benefit to cover final expenses.
Final Expense Insurance
Benefits: Designed to cover funeral and burial expenses, smaller death benefit, easier to qualify for, relieves family members of financial burdens during a difficult time.
Term Conversion Rider
Benefits: Allows conversion of term insurance to permanent insurance without a medical exam, provides flexibility as your needs change, ensures continued coverage as you age.
Waiver of Premium Rider
Benefits: If the insured becomes disabled and unable to work, this rider waives premium payments while keeping the policy active, ensuring coverage continues.
Accelerated Death Benefit Rider
Benefits: Allows the insured to access a portion of the death benefit if diagnosed with a terminal illness, helps cover medical costs and maintain quality of life.
Child Rider
Benefits: Adds coverage for children to the main policy, provides a small death benefit if the child passes away, can later be converted to an individual policy.
Each of these life insurance products offers specific advantages and benefits tailored to different financial goals and situations. When considering life insurance, it’s essential to assess your individual needs, financial objectives, and risk tolerance to choose the right type of coverage that provides the most suitable protection for you and your loved ones.
Savings & Invest Plans
- Assured Income Accelerator
- Assured Savings Plan
- Premier Life Plan
- Premier MoneyBack Plan
- Guaranteed Savings Plan
- Assured Pension Plan
- Fortune Maximiser Plan
- Invest Maxima Plan
- Guaranteed Fortune Builder Plan
- Smart Life Plan
- Premier Endowment Plan
- Premier Income Plan
Protection Plan
- e Term Plan
Unit Linked Insurance Plan (ULIP)
- Wealth Optima Plan
- T.U.L.I.P (Term Unit Linked Insurance Plan)
- Platinum Plan
Combi Plan
- Health Maximier Plan
Here are some key features and benefits of insurance savings and investment plans:
Life Insurance Protection: These plans offer a life insurance component, ensuring financial security for your loved ones in the event of your death.
Wealth Accumulation: The investment component allows you to build wealth over time, potentially earning returns on your premium payments.
Tax Benefits: In many countries, contributions to certain insurance savings and investment plans may be eligible for tax benefits or deductions.
Flexibility: Depending on the plan, you may have flexibility in choosing the level of coverage, premium payment frequency, and investment options.
Maturity Benefits: Many of these plans provide maturity benefits, which means you receive a lump sum or periodic payouts when the policy matures.
Riders and Add-ons: You can often customize these plans with riders or additional features, such as critical illness coverage or disability benefits.
It’s essential to carefully evaluate the terms, fees, and investment options associated with insurance savings and investment plans before committing to one. Additionally, consult with a financial advisor to ensure that the plan aligns with your long-term financial goals and risk tolerance. These plans can be complex, and understanding the details is crucial to making informed decisions.