What is meant by life insurance?
This Life Cover secures your loved ones' future by paying a lump sum amount in case of an unfortunate event. In some policies, you are paid an amount called Maturity Benefit at the end of the policy term.

What insurance is life insurance?
The purpose of a life insurance policy is to provide financial support to an individual, organization, or entity after you die. As the policyholder and named insured, you can name any person, organization, or entity to be the beneficiary of your life insurance policy.

What is the benefit of life insurance?
Life insurance offers several benefits, including providing financial security for loved ones, covering debts, funding education, and potentially offering tax advantages. It can also serve as a tool for savings and investment, with some policies building cash value over time.