LIFE INSURANCE

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Life Insurance

Life insurance is a financial product designed to provide a financial safety net for individuals and their families in the event of the policyholder's death. Policyholders pay regular premiums to an insurance company, and in return, the insurer promises to pay out a lump sum, known as the death benefit, to the designated beneficiaries upon the death of the insured person. This payout is typically tax-free and can be used by beneficiaries to cover various expenses, such as funeral costs, outstanding debts, or income replacement.

Life insurance is a crucial financial planning tool, offering peace of mind by ensuring that loved ones are financially protected in the event of the policyholder's death. It plays a significant role in estate planning, providing a way to transfer wealth and support dependents even after the policyholder is no longer alive.

We have tie ups with Tata AIA and SBI Life.

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