Life Insurance

Life Insurance Policy becomes a priority with the need to safeguard your family - it is considered one of the most popular savings/investment schemes.

Insurance is essentially the means to financially compensate for losses that life throws at people - corporate and otherwise.

Life is full of uncertainty and unpredictable future, Insurance then is man's answer to the vagaries of life. If you cannot beat man-made and natural calamities, well, at least be prepared for them and their aftermath.

It reminds me " Nothing in life is to be feared. It is only to be understood - Marie Curie ", So we have to understand it on time .

Life insurance or life assurance is a contract between the policy owner and the insurer, where the insurer agrees to pay a sum of money upon the occurrence of the insured individual's or individuals' death or other event, such as terminal illness or critical illness. In return, the policy owner agrees to pay a stipulated amount called a premium at regular intervals or in lump sums.

Now Life insurance also provides other benefits apart form the main motive. Insurance is now considered as a Tax saving and wealth creation instrument.

The requirement of Life insurance varies from person to person and also depends on the age of the person. To serve the purpose there are various kinds of Life insurance.

Good News is that there are around 19 Life Insurers, with a more than a 100 of policy to chose. Don’t worry all insurers has to work under the guidelines of IRDA (Insurance Regulatory and Development Authority, which was constituted by an act of parliament). So its not just LIC (Life Insurance Corporation) who can service you , you have many more options. You can buy what you Like to Buy, Not what your advisors or agent pushes.


First and foremost you have to identify, why at all you need an Insurance? How it will benefit you ? and If it benefits you , how much should you spends to get the benefit ?

Oh! It seems there are Lots of Why ? , What ? Where ? How ? are involved.
Don’t worry We will help you to make it Easy, Yeah ! Now I could see the simile on your face
So keep yourself at peace, just read our articles to get the answers.

“The good life is inspired by love and guided by knowledge.”- Bertrand Russell