It's difficult to choose a right company and right plan in insurance. But they advised all things with proofs and facts of comparison.
A nice team focused on planning. No forceful selling of any plans. They try to understand first the need. Get our previous things stream lined. They not only sell new but also serve our existing things which were taken from vaious other people. I would recommend to just spare sometimes with them before opting or finalising any consultant who charge high.
Worst Company which only focus on new business but least bother about existing customer
Through this Reliance Life Insurance Co. Ltd... I got Life Insurance.yearly the premium was some nominal amount.Their service was contented.On the spot they have provided all the documents which was satisfactory.Overall it was good services from them...
Availed a personal insurance from them a few days ago. Their service was good as the terms and conditions were acceptable for me. But I did not get my money yet. I tried their many numbers but not reachable. Still searching their numbers.
Have taken life insurance from this company. Their service is average since their customer service is not impressive, quick and user-friendly. The insurance amount is 50000. Mediocre service is given to the customers.
People insure their cars against any theft or damage, their homes in case, anything goes wrong, but they forget the most valuable thing of all; their lives. It’s comforting to know that we have people around us who love and care for us deeply. But how would they manage if we are no longer around? The death of our loved ones comes with its own challenges. It is important to ensure that in this period of mourning and loss, life continues as comfortably as possible. The void created by the death of the family member is hard to fill but it should not disrupt the financial future of the family. Therefore, it is important to realize the value of life and get a life insurance.
It is an arrangement between the Insurance Company and the policy holder in which the insurer guarantees compensation for the loss of life in return for the regular payment of a specified premium. In Life Insurance, the name of the beneficiary is mentioned in the contract who gets the specified sum from the insurance company in case of any mishap i.e. Loss of Life.
There are many types of life insurance policies that can aid you in meeting needs of different life stages:
|Life Insurance Plans||Policy Term||Sum Assured||Age (Min-Max)|
|Aegon Life iTerm Plan||5 - 40||10 Lakhs / NA||18 - 75|
|Aviva I-Life Plan||10 - 35||25 Lakhs / NA||18 - 55|
|Bajaj Allianz iSecure||10 - 30||20 Lakhs / NA||18 - 70|
|Bharti AXA eProtect||10 - 30||25 Lakhs / NA||18 - 75|
|HDFC Click2Protect Plus||10 - 30||10 Lakhs / 10 Cr||18 - 65|
|HDFC Life Sanchay||15 - 25||1,05,673 / NA||30 - 45|
|HDFC SL Crest||10 - 10||7 or 10 * Annual Pre / 20 * Annual Pre||14 - 55|
|ICICI Pru iProtect||10 - 30||3 Lakhs / NA||20 - 75|
|Kotak Life Preferred e-Term||10 - 40||25 Lakhs / NA||18 - 75|
|LIC AmulyaJeevan||5 - 35||25 Lakhs / NA||18 - 60|
|LIC New Jeevan Anand||15 - 50||1 Lakhs / NA||18 - 50|
|LIC Term Plan||10 - 35||50 Lakhs / NA||18 - 75|
|Max Life Online Term Plan||10 - 35||25 Lakhs / 100 Cr||18 - 70|
|SBI eShield Plan||5 - 30||20 Lakhs / NA||18 - 70|
|SBI Shubh Nivesh Plan||5 - 30||75,000 / NA||18 - 60|
Life insurance claims are classified as below:
Death Claims: In case of the death claim, the beneficiary needs to submit following documents:
Maturity Claim: In order to avail the maturity benefits of the life insurance, you need to submit the following to the insurer
The life insurance companies will ask for the following documents before issuing you insurance policy:
The factors that affect the premium of a life insurance are:
These are additional benefits which you can get along with your current life insurance policy at affordable rates. They are valuable tools that help you in expanding your life insurance coverage. There are different types of riders like:
In case of the death of the policy holder, the beneficiary is required to send claim intimation form to the insurer as soon as possible. Claim intimation must contain details like Date, Place, and Cause of Death. On successful submission of the claim intimation form, the insurance company will ask you for some additional information such as:
After successful submission of all the above documents, the insurer will verify the claim and settle the same.