Life Insurance
Do You Want to Get Life Insurance? We Are Here for You
Life insurance is a common and well-known insurance plan. Despite its popularity, many still believe life insurance is limited to protecting your loved ones after you die. Even though this is the primary benefit, you can still get benefits from your life insurance plans while you are alive. Here are other benefits of life insurance plans.
It Covers Your Final Expenses.
If you are worried about leaving your final moments’ expenses to your loved ones, you can take out life insurance plans to pay all the expenses without leaving any burden on your loved ones. This is a thoughtful passing gift for your loved ones.
Tax Benefits
According to Income Tax Act Section 80C, life insurance premiums are eligible for a tax deduction. Contact us today to get more information.
Critical Illness Cover
Critical illness coverage may be optionally added to a life insurance policy or included as standard coverage for further protection. Critical Sickness Insurance offers financial assistance when a critical disease mentioned by the insurance provider is diagnosed. Additionally, this insurance offers financial support for hospital treatment costs.
Additional Retirement Savings
A whole, universal, or variable life insurance policy that you buy offers the added benefit of building cash value and paying death benefits. You can use the cash accumulated over time to pay for things like a car or a down payment on a house as it grows. During your retirement years, you can also draw from it if necessary.
Contact us today to learn more.