ENDOWMENT PLAN

The endowment plan has both a death and survival benefit component. Endowment is primarily a savings programme, which is protected by provision of insurance against the contingency of premature death.

WHOLE LIFE PLAN

Whole life is a type of life insurance contract that provides insurance coverage of the contract holder for his or her entire life.

MONEY BACK PLAN

A money-back policy is a policy which gives money-back at regular intervals. This money-back is paid during the plan tenure and according to the percentage of the sum assured. Money-back pay-outs are called survival benefits.

CHILD PLAN

Child plans are insurance cum investment plans that help an individual create a corpus for children’s future, over a period of time (policy term). On maturity, these plans pay a lump sum amount which can be used to pay your child’s college fees or marriage expenses.

TERM PLAN

Term insurance is a type of life insurance policy that provides coverage for a certain period of time or a specified “term” of years. If the insured dies during the time period specified in the policy and the policy is active, or in force, a death benefit will be paid.

ANNUITY/PENSION PLAN

An annuity is a plan that helps you to get a regular payment for life after making a lump sum investment. The life insurance company invests the money of the investor and pays back the returns generated from it.

GROUP GRATUITY  SCHEME

Scientific approach and Business solutions.Professional support and unique advantages .
Governing Act- Payment of Gratuity Act, 1972
Amount payable-In one lump sum at the time of exit
15 days of salary for each completed year of service. Salary means the basic salary and DA if any, at the time of exit

GROUP TERM INSURANCE

One Year Renewal Group Term Assurance Plan is a non–linked non- participating yearly renewable group term insurance plan. It provides valuable life cover to the employees/members of a homogeneous group at attractive premium rates.
The amount of life cover in respect of each member shall be guided by the scheme rules of the group. The total premium payable at commencement and subsequent renewals shall be equal to the sum of premium in respect of individual members of the group.

KEYMAN POLICY

Keyman Policy is an Insurance taken on the Key Persons of an organization to compensate the organization in case of their sudden death. Policy is taken by the employer on the life of his employee and the benefit, in case of a claim, goes to the employer and also they can avail tax benefit under sec. 37(1) on the premium paid. The ‘keyman’ here would be any person employed by a company having a special skill set or substantial responsibilities and who contributes significantly to the profits of that organization and the loss because of whom can seriously affect the functioning of the company.Only Term Insurance can be offered under Keyman Policy. This insurance policy can be transferred to the employee after certain years and can be used as a positive measure to improve the retention of the keyman in the company.