Life Insurance

Life insurance is a crucial financial tool that provides financial protection to your loved ones in the event of your untimely demise. At AIWS, we offer various types of life insurance policies to suit diverse needs and preferences, ensuring that you can find the perfect plan to safeguard your family's future.

Types of Life Insurance:

  • Term Life Insurance: Provides coverage for a specified period, offering a lump-sum payout to the beneficiaries in case of the insured's death during the policy term.
  • Whole Life Insurance: Offers lifelong coverage with a guaranteed death benefit, along with a cash value component that accumulates over time and can be utilized for various financial needs.
  • Endowment Plans: Combines life insurance coverage with savings/investment features, offering both protection and a lump-sum maturity benefit to the policyholder.
  • Unit-Linked Insurance Plans (ULIPs): Offer a dual benefit of insurance and investment, allowing policyholders to invest in market-linked funds while providing life cover.
  • Money-Back Policies: Provide periodic payouts at specific intervals during the policy term, along with a lump-sum payment upon maturity or death.

Key Features:

  • Financial Protection: Ensure your family's financial security and stability by providing them with a lump-sum payout in the event of your demise.
  • Tax Benefits: Enjoy tax deductions on premiums paid and tax-free proceeds on death/maturity benefits under Section 80C and Section 10(10D) of the Income Tax Act, 1961.
  • Flexible Premium Payment Options: Choose from various premium payment frequencies, including annual, semi-annual, quarterly, or monthly, based on your convenience.
  • Riders and Add-Ons: Enhance your coverage with optional riders such as accidental death benefit, critical illness cover, waiver of premium, and more.
  • Loan Facility: Avail loans against the surrender value of your policy to meet unforeseen financial requirements during emergencies.

Investing in life insurance is a crucial step towards securing your family's financial future and providing them with the protection they deserve. With AIWS's comprehensive life insurance solutions, you can enjoy peace of mind knowing that your loved ones are financially protected against life's uncertainties.

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DISCLAIMER
Investerly is an AMFI Registered Mutual Fund Distributor.

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