Life Insurance
Are You Looking For Life Insurance?
Life Insurance is the most secured way to protect our family or dependents against many financial contingencies that may occur due to an unexpected event of our unfortunate demise. Life insurance is an agreement between an insurance company and insured where the insurance company agrees to pay compensation as a death benefit to the nominee beneficiaries upon the death of the insured during the term of the life insurance policy. The death benefit promised by the insurance company is offered in lieu of premium paid by the insured.
Under a Life Insurance Policy the insurance company guarantees to pay a sum insured to the insured family or legal nominee on his / her demise. A life insurance policy can compensate against some other contingencies like accidental death claims or other critical illness if mentioned in the insurance contract. Some other things like loss of income due to any loss of major limbs can also be received as a part of life insurance benefits if mentioned in the contract.
Apart from the death benefits, a Life Insurance policy in India also offers maturity benefits. These benefits are generally offered in the form of payment if the insured stays alive through the entire term of the life insurance plan. Life insurance plans also provide income tax benefits under Section 80 C of the Income Tax Act, 1961.
Why It's Important to Buy Life Insurance Policy in India ?
We can't predict life. We can't really sit and predict our last day on earth. Anything unfortunate can happy anytime without any warning. If we could really control our life then we wouldn't leave anything to ensure the financial security of our family. It's unfortunate that it's not in our hands. Therefore, the solution is that we must make sure that we buy a life insurance policy. This way we can secure the future of our loved ones , our dependents. By having a Life Insurance Policy we will not miss the financial goals that we set for your family even when we will no longer be around them.
Different Types of Life Insurance Plans in India
- ✓ Term Life Insurance plans
- ✓ Unit Linked Insurance plans
- ✓ Money Back Life Insurance plans
- ✓ Endowment Insurance plans
- ✓ Whole Life Insurance Plans
- ✓ Retirement Plans
- ✓ Children Plans and many more…
We at ADO Fintech Solutions Pvt Ltd helps you to choose the best life insurance plans as per your requirements across all life insurance companies in India.
Eligibility
- Salaried Person
- Employees of Public and private limited companies
- Public and private limited companies
- Government sector employees including Public Sector Undertakings and central and local bodies
- Minimum age of 21 years
- Maximum age of 60 years at loan maturity
- Minimum net monthly income – Rs. 15,000
The Document Required
- 2 Recent Passport Size Photographs (Valid up to last six month captured)
- Last two month Pay Slip
- Address Proof
- I.D Proof
- Bank Statement of last Three month.
- Documents Valid as Address Proof :
- Ration Card
- Electricity Bill
- Mobile Bill
- Land Line Bill
- Passport
- Mool Niwas Patra
- House Tax Slip Water Bill
- Gas Bill etc