"AMFI-registerd Mutual Fund Distributor"

Page Title


Life Insurance

Life is unpredictable. So it is important to ensure that your family and loved ones are taken care of financially in case something should happen to you. This is where Life Insurance comes in. It can provide some financial peace of mind if the worst were to happen.

As the name suggests, Life Insurance secures your life from financial losses, which occurred due to the unexpected or premature death of the insurer. In life insurance, the insurer pays a fixed amount of money in the form of a premium, to the insurance company. In return the insurance company promises to pay a certain sum of money to the family or legal heir of the insurer, on his death or mis-happening. The money the company pays depends upon the contract and premium paid by the insurer. At Investment Point we help you to accurately identify your Life Insurance needs.

Thinking about why you need life insurance can be an emotional and stressful task. However, life insurance is one of the most responsible decisions you can make to help ensure that your spouse, children, or other loved ones can continue to enjoy the quality of the life they deserve.

Reasons For Taking Life Insurance

Life coverage

Life Insurance provides life cover to the policyholder, for securing adverse financial consequences or death of the insurer. It may be in the form of critical illness, partial or total disability.

Death benefits

Life Insurance provides secure future to the family of the policyholder, in case of his uncertain death. In case of death, the insurance company pays the full amount (amount + bonus) to the beneficiary.

Tax benefits

Under section 80C of Income Tax Act, Life Insurance premium amount is deductible up to the limit of Rs. 150000.

Bonus on Investment

Most Life Insurance policies (Endowment / Moneyback) give bonus amounts along with the actual amount at the time of maturity.

Life insurance is insurance for you and your family's peace of mind. With a life insurance policy in place, you can:

  • Provide security to your family
  • Protect your home mortgage, loans, credit card borrowings etc.
  • Provide finance to your loved ones to achieve their goals in your absence
  • Ensure that your family is able to maintain their lifestyle, no matter what happens
  • Take care of your estate planning needs
  • Look at other retirement saving/investment vehicles

Endowment Plans