Life insurance policy provides you with the assurance that your family will get financial security and support even when you are not around. The goal of the life insurance policy is to offer a measure of financial security to the family after your death.
Life insurance is an agreement between you (the insured) and the life insurance company (the insurer). Under the terms of the policy, the insurer promises to pay a certain sum to the person (your beneficiary) upon your death, in exchange of premium payments.

Types of Life Insurance

Below are the basic types of life insurance policies. All other insurance policies are built around these insurance policies.

• Term Insurance:
• Whole Life insurance:
• Endowment Policy:
• Money Back Insurance Policy:
• Unit Linked Insurance Plans:
• Retirement Plans:
• Savings and Investment Plans:
• Child Insurance Policy: