Protect from Contingences
Give your family financial security when you are no longer around by buying an Insurance
Insurance is a contract between you and the insurance company whereby it provides you with financial protection amid contingencies in return of an amount paid, known as premium.
Life Insurance
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A deal between the policyholder and the insurance company where a pre-defined amount is paid to the policyholder or his/her nominee after a specific period or upon death as the case may be. For this, the policyholder needs to pay premium to the insurance company.
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Health Insurance
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Financial backup in case of a health contingency. Apart from covering hospitalization costs, it also covers cost of medicines and doctors’ consultation fees, among others.
There are several benefits of buying insurance, some of them being:
Financial Protection
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​Gives you and your family financial protection in the event of untoward incidents. It compensates for the financial losses incurred due to death of the family’s chief breadwinner or damages suffered to your assets (vehicle, home, etc).
Tax Benefits
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Insurance premiums paid towards insurance qualify for tax exemption under different sections of the Income Tax Act, 1961, under the old tax regime. While life insurance premiums are eligible for deduction under section 80C, health insurance premiums are tax exempt under section 80D.
Insurance Partners
