Financial protection in the most unfortunate circumstances
Safety for dependents from your financial liabilities like loan, and any other debts
Disability benefit with the term insurance will provide you financial support in case of accidental disability, (available on payment of additional premium)
Critical illness benefit to your term insurance to avail good treatment for life threatening diseases without worrying about the costs (available on payment of additional premium)
Tax savings up to Rs. 1.5 lakh on the premium paid under section 80C on Income Tax, as per prevailing tax laws
Tax benefit on the lumpsum benefit paid to your dependents under section 10(10D)on Income Tax, as per prevailing tax laws
A regular income stream along with a lump sum benefit, to ensure day to day life expenses are met
Long term insurance cover till age 85 that can be useful if you wish to leave a legacy for your family, subject to maximum policy term of 50 years.