Types of Life Insurance

There are many types of life insurance policy such as health insurance, child insurance, retirement plan, protection plan and investment plan

Types  of life insurance available in India

• Term Insurance
• Money Back Life Insurance Policy
• Endowment Insurance Policy
• Whole Life Insurance Policy
• Unit Linked Insurance Policy

Hi Vishal,
There are different types of life insurance in India and each of them have different functionalities like:-

1) Protection Plans: Protection plans help you shield your family from uncertainties in life due to financial losses in terms of loss of income that may dawn upon them in case of your untimely demise or critical illness.
2) Saving Plans: These plans reserve your money that can be used later during the time of need
3) Child Plans: This policy looks after the education of the child
4) Retirement Plans: This secures your post retirement life in monetary terms
5) Group Plans: This plan gives the employees incomparable financial benefits that guarantee their safety and financial terms.

Life insurance companies like Future Generali provide these plans online too. It much convenient to buy the insurance online as its hassle free and saves time also you can avail for discounts if your sum is quite huge. I hope this helps.

Hi,
There are two types of insurance plans available in the country

• Protection Plans: Protection plans help you shield your family from uncertainties in life due to financial losses in terms of loss of income that may dawn upon them in case of an untimely demise, critical illness or disability.
• Saving Plans: These plans not only offer life insurance protection to your loved ones but also helps create wealth for your family in a systematic manner

Both these plans can be availed of at Bharti AXA Life. Visit their website for more details.

There are many types of life insurance policies available, including term life insurance, level term insurance, decreasing term, guaranteed acceptance, graded benefit, permanent life insurance, universal life, and variable life. In addition, term life insurance with no exam may offer you up to $300,000 of life insurance protection without having to take any health examination to qualify. However, there are some health questions to be answered when you apply for coverage. The type of life insurance that's right for you may depend on your goals, what you want your life insurance to accomplish, as well as, how long you need a policy and how much life insurance you can afford. Some people choose a term life plan for their shorter term needs, and a permanent life insurance policy to provide for their final expenses. You can learn more about term life insurance at http://www.term-life-online.com