Life Insurance covers the risk of losing life of the insured person. This policy will guarantee a specific sum of money to a designated beneficiary upon the death of insured or to the insured if he or she lives beyond a certain insured age. There are different types of polices under life such as Endowment, Retirement, Money back, child education, etc.
Life Insurance provides financial coverage to the people you named in your policy, called beneficiaries upon the death of the insured individual.
There are various types of life insurance Plans. Each individual's insurance needs and requirements are different from that of the others. Please select the one which is more suitable for you.