@joylokhi, the purpose is death benefits to dependents. That's what life insurance is for. Again, there are different life insurance policies such as term life, whole, and universal. I'm trying to understand which are all the companies providing these insurance in India and which companies people prefer to go with (LIC etc.)
@centsibleindian, now, your question is clear Life insurance policies are often taken as a longterm investment option also in many cases apart from the security of benefits in the case of untoward death etc. Among the most reliable and most popular during current times are many policies from LIC of India, ICICI Prudential life insurance and ICICI Lombard etc. I have taken policies earlier/and conitunue to have in LIC and their performance, management is very good. You can go through their websites and choose the policy suitable for your requirement depending on the quantum of premium, term and benefits you are looking for. Hope this helps.
Life Insurance is a whole word in its own. The life insurance companies in India are providing many types of life insurance like, term plan, endowment plans, ULIP plan, etc. A person takes A life insurance policy for a long time in which life and risk both covers too. Now its depend on you which plans of which insurance company does you like most. In recent searches I visit many online websites to check and compare many companies, I mostly like the max life insurance and its plans.
Life insurance policies are often taken as a longterm investment option also in many cases apart from the security of benefits in the case of untoward death etc. Among the most reliable and most popular during current times are many policies from LIC of India, ICICI Prudential life insurance and ICICI Lombard etc. I have taken policies earlier/and conitunue to have in LIC and their performance, management is very good. You can go through their websites and choose the policy suitable for your requirement depending on the quantum of premium, term and benefits you are looking for. Hope this helps.
Life Insurance is a whole word in its own. The life insurance companies in India are providing many types of life insurance like, term plan, endowment plans, ULIP plan, etc. A person takes A life insurance policy for a long time in which life and risk both covers too. Now its depend on you which plans of which insurance company does you like most. In recent searches I visit many online websites to check and compare many companies, I mostly like the max life insurance and its plans.
