Life Insurance helps protect the financial future of your family or business upon your death. Life insurance is a contract between an insurer and a policyholder in which the insurer guarantees payment of a death benefit to named beneficiaries upon the death of the insured.
In addition to keeping your family financially secure after you’re gone, life insurance can provide more than peace of mind while you’re living. Life Insurance products provide a definite amount of money in case the life insured dies during the term of the policy or becomes disabled on account of an accident. Depending on the diversified needs of every individual, various insurance plans are available in the market. Such customized plans are made in such a way that they suit the likes of majority of customers.