Life insurance is the best way to build wealth and protect your family's future in case of unexpected death. You can get life insurance either through ‘term plans’ that provide life coverage for your family or through ‘investment plans’ that help you build wealth and meet your financial goals.
A life insurance policy is an agreement between an insurance company and the policyholder. In exchange for a premium, the insurance company promises to pay the policyholder a fixed amount of money after a certain amount of time or when the policyholder dies.
Savings Plan
Pure Protection Plan also known as the Term Insurance Plan
A savings plan,
is a financial product that helps you plan for long-term goals like buying a house, paying for your
kids' college, and more, while also giving you life insurance.
Pure Protection plans, on the
other hand, are designed to protect your family's future by providing them with a lump sum payment
incase of the insured’s death.
