Individual, Non-Linked, Non-participating, Life Insurance Savings Plan 1. What is Fortune Guarantee Secure? Note: 2. How Does It Work? Note: 3. Main Features: 4. Plan Options: A. Regular Income Note: If you stop paying premiums early, the policy becomes “Reduced Paid-Up,” meaning lower benefits. B. Regular Income with Return of Premium (ROP) Note: You must … Read more
Individual, Non-Linked, Participating Life Insurance Savings Plan. 1. What is the Tata AIA Life Insurance Smart Value Income Plan? It’s a life insurance policy that also helps you save and grow your money.It offers two main benefits: Note: It is a non-linked, participating plan, meaning it is not tied to the stock market but participates … Read more
Non-Linked, Non-Participating, Individual Life Insurance Savings Plan What is this insurance plan about? It’s a life insurance plan that helps you secure your family’s financial future. If something happens to you, your family gets a lump sum amount. If you complete the policy term, you get a guaranteed payout at maturity. Premium Min 100,000 Riders … Read more
Not Recommended as PT MAX is 20 years, that too compared to SRP High Cost. Saral Jeevan – Minimum Income – Rs.2Lakhs (Max PT – 20 Years) Particulars Remarks Age Eligibility 18 – 45 Gender M / F 1.Female: 15% lower premium Plan Option Life Secure (NROP)Life Secure Plus (ROP) Basic Sum … Read more
Different Types of Policies for Individuals Protection Solutions (Term Insurance): Savings Solutions: NAME OF THE POLICY PAR / NON PAR BENEFIT TYPE 1. Fortune Guarantee Non Linked, Non Participating Guaranteed lump sum benefit on maturity 2. Fortune Guarantee Secure Non Linked, Non Participating Advanced income option to get income immediately post 3 days of policy issuance 3. … Read more