Life insurance is a tool that offers you cover for your life. Life insurance policies provide compensation to the nominee in case of loss of life of the insured person during the plan’s term. In order to claim this cover, a life insurance premium is paid to the company in a lump sum or throughout the tenure of the plan. There are several provisions (known as riders) under a life insurance plan that offer coverage against accidents, critical illnesses, etc. These can be purchased by paying an additional amount over the policy premium.
*Religare Broking Ltd having license number CA0581 is a Corporate agent with ICICI Prudential Life Insurance, HDFC Life Insurance & Future Generali Life Insurance.