Life Insurance Corporation of India – Care even when you are not there
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As most families live there is usually one bread winner and many mouths to feed. If you are one of the same category individual the it is time you think of what will happen to those many mouths that you feed right now when you will not be there. Life is uncertain and now is the time to be prepared for those uncertainties that will affect your near and dear ones in your absence.
During this existence there will be several other needs as well, like monetary requirements for children’s educations, parent’s medical expenses, marriage or your own retirement. During these times you may not necessarily have the funds to accommodate the expenses and therefore it is wise to invest and save right now while you are in the position to instead of being in difficult situation later in life.
Life Insurance Corporation of India provides several such plans to individuals who are eligible to enter such contracts. Life Insurance Corporation of India also understands that each individual’s needs and requirements are different and therefore they have come up with several different kinds of plans for all to choose from.
Some of them are listed below
Children Plans like :-
-Jeevan Anurag
-CDA Endowment Vesting At 21
-CDA Endowment Vesting At 18
-Jeevan Kishore
-Child Career Plan
-Child Fortune Plus
-Plans for Handicapped Dependents
-Endowment Assurance Plans
-Plans for High worth Individuals
-Money Back plans
-Special Money back Plans for Women
Whole Life Plans like
1.The Whole Life policy
2.The Whole Life policy - Limited Payments
3.The Whole Life policy – Single Premium
Jeevan Anand
Jeevan Tarang
Term Assurance Plans
Joint Life Plan
And Decreasing Term Assurance Plan to cover Home loan Repayment.
Mortgage Redemption
After understanding your requirements and ability to pay premiums plus the benefits and bonus under the different plans one can decide which will be the most suitable for him and his family’s future. Like they say it’s better to be wise than sorry. |
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Author Resource:-
Anuj Kumar writes content about Loan, Jobs, Classifieds, Life Insurance, Life Insurance Corporation of India, Vehicles Classifieds. For more information visit at: http://www.taaza.com/.
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By :
anuj kumar
Submitted
2010-05-26 01:54:33 |
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