LIFE INSURANCE

"AMFI-registered Mutual Fund Distributor"

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Life Insurance

Insurance enables those who suffer a loss or accident to be compensated for the effects of their misfortune. The payments come from a pool of money contributed by all the holders of individual insurance policies. In other words, individual risks are pooled and shared, with each policyholder making a contribution to the common fund.

Life Insurance is equally important factor while planning for future goals, wealth creation for one’s life term.

Someone who is young, fit and in a risk-free job will find it easier to buy life insurance, and will pay lower premiums than someone who has a heart condition or is in a risky occupation.

In Life Insurance, one agrees to pay a fixed premium for a set number of years. In other words,oneentersin a long-term commitment when he/she buy a life insurance policy.