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Life Insurance

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Nothing is more important to a person than their family's financial security - at all times. The relief of knowing that your family will not be financially burdened in case of your untimely death, is liberating, knowing that at this too is taken care of.

This makes it very important to be protected under the best life insurance policy for yourself - in terms of price and features.

At, we display a list of available life insurance plans that meet your requirements. You can compare life insurance policies by price and features to select the life insurance policy that best suits your needs. Quotes are displayed from the various insurance companies with the least expensive displayed first. We are not sellers of insurance policies and hence do not benefit from you buying an insurance policy through us. We take pride in the fact that we assist you in selecting the best life insurance policy.

So go ahead, compare plans from different insurers and live life to the fullest - safe and secure!

Is Life insurance a must?

Life insurance is usually taken by the earning member(s) of the family to ensure that in case of their death, and their source of income ceasing to exist, the dependent family members would have a lump-sum amount to fall back on. By paying a small amount every year, the earning family member can ensure that the future of his/her loved ones is financially secure.

In the event of the death of an insured person, the nominee of the policy would receive an amount called the sum assured which can then be used effectively to plan for their future.

Life insurance is absolutely critical for everyone irrespective of the amount of income they currently earn, unless they have enough in savings to ensure that their family can rely comfortably on the savings alone. An example of this would be living in a luxury home purchased on a loan that your family would not be able to live in because they do not have the income to make the monthly EMIs of the home loan.

Benefits of Life Insurance Plan

Provides for Loss of Income - In case of the policy holder's death, the dependents will suddenly be left without a constant source of income. The future requirements of the dependent members too would be hugely compromised with them having to settle for options which are not as good as you would have wanted if you were around. With a good amount of life insurance coverage, you can ensure that your family is not left high and dry along with the emotional trauma of your absence. It is one of the most important reasons for ensuring you have a suitable life insurance policy in place.

Protects your Assets - In your absence, your family should not have to resort to selling assets like land, home, vehicle and jewellery. The comforts provided to your family should not be now subject to a means for survival. When you are adequately insured, your family's financial future is ensured.

Financial Planning - Life insurance policies can also be taken for sound financial planning depending on your requirements and risk appetite. For the more conservative investors, there are a host of traditional policies like money-back insurance policies and endowment plans to provide income at regular intervals of time. The more market friendly investors can choose ULIPs (Unit Linked Insurance Plans) to plan their future. There is a higher element of risk involved with ULIPs but gains too can potentially be on the higher side. Ideally each individual should assess their requirements and choose their investment options and time horizon.

Tax Savings - One of the key reasons people buy life insurance is to avail tax benefits under section 80C up to the limit of Rs. 1,00,000 annually. Money paid as a premium of Life Insurance policies is exempt from income tax and the proceeds from a life insurance policy on maturity also get tax exemption under section 10(10D) of the income tax.

Life Insurance is quite an important aspect of one's financial planning. It is critical to know all you can about Life Insurance before purchasing the policy. Check out some of our links which may be useful to you

In this world of uncertainties, secure the future of your family financially even when you are no longer around. A life insurance insurance plan relieves your family from the stress of dwindling finances in case of your untimely death and takes care of responsibilities like child’s education, medical expenses of parents, son or daughter’s marriage and so on. Life insurance acts like a life support to your family during their period of struggle due to your absence. Life insurance comparison is the best way to get your hands on the most suitable policy so that your family can get maximum benefit out of it. Get quotes from myriad companies and compare term insurance with PolicyBachat. For further guidance, contact our insurance experts at 1800 123 4006 or chat with us at