Home / Life Insurance

Life Insurance plans

About Life insurance

Life insurance or life assurance is insurance that guarantees a specific sum of money from the insurance company to a designated beneficiary upon the death of the insured, or to insured if he or she lives beyond a certain age. In return, the policy owner (or policy payer) agrees to pay a predetermined amount called as ‘premium’ at regular intervals or in lump sums. There is a wide array of life insurance products specially designed to suit individuals, adults, children, retirement planning employees and corporate people. Buy life insurance policy according to your specific requirements and stay covered.
Request a Call Back
Name is required
Email is required
Contact is required
Thank you for contacting us

Life Insurance Partners

  • Ageon
  • TATA AIA Logo
  • Exide Life
  • kotak
  • Max Lifw
  • Hdfc
  • Icici Prudential
  • IDBI Federal
  • India First
  • Edelweiss
  • SBI Life
  • Future Generali Insurance plans
  • bajaj Life
  • Pramerica Insurance plans
  • aditya birla sun life Insurance plans

Term life insurance or term assurance is life insurance that provides coverage at a fixed rate of payments for a limited period of time, the relevant term. After that period expires, coverage at the previous rate of premiums is no longer guaranteed and the client must either forgo coverage or potentially obtain further coverage with different payments or conditions. If the life insured dies during the term, the death benefit will be paid to the beneficiary/nominee. Term insurance is typically the least expensive way to purchase a substantial death benefit on a coverage amount per premium rupee basis over a specific period of time.

Investment plans, as far as a lay person is concerned are life insurance plans which provide an insured individual, life insurance coverage while simultaneously providing return on investment for the premium invested.

Whole life insurance plans are life insurance plans which provides insurance coverage to the policyholder for the whole life i.e. up to 100 years of age.

Pension plans are also known as retirement plans are investment plans that allow an individual to set aside some part of their income over their working/earning life to ensure a regular income on retirement.

Unit Linked Insurance plans (ULIP’s) are plans offered by life insurance providers, which have dual benefits of providing life cover coupled with the benefit of investment. These plans also provide tax benefits under section 80C of the IT act.

An endowment policy is a life insurance contract designed to pay a lump sum after a specific term (on its 'maturity') or on death. Typical maturities are ten, fifteen or twenty years up to a certain age limit. Some policies also pay out in the case of critical illness.

A typical Child Education plan offers the combined benefits of savings and protection for the child. There are both Unit-linked and Endowment insurance plans that help the parents in building a corpus over a period of time for the financial security of the child.

Health Insurance plans have hitherto been the priority for most Stand alone Health Insurance companies and the General Insurance companies. Now the Life Insurance Industry have also started offering Health Insurance plans which typically offer coverage for a Life Threatening disease like Cancer apart from Critical Illness.

Guaranteed plan is designed specially to cater to the need of wealth accumulation, where the insured get extra benefits on higher premiums.

Money Back Money Back Insurance Plan is a non-linked, participating plan which provides the insured guaranteed payouts for 10 years and a lifecover beyond the Premium Payment Term.

Savings plans Savings Life Insurance plans offer a different opportunity to the individual to save and accumulate a fund for the future.



Keep in touch

  • Address

    InstantCover Insurance Web Aggregator Private limited
    710, 6th B Cross, 16th Main Road, Koramangala 3rd Block, Bangalore - 560 034.

  • +91-(80)-41101026
  • Send an email
CIN: U66000KA2018PTC117713 | IRDAI Web aggregator License Code Number: IRDAI / INT / WBA /53/ 2018, Valid till 07/08/2022