Protection PlansBecause you want your family to be Safe & Secure!

A Guide to Protection Plan

Bad news can impact on any one of us at any time, in the form of an illness, or sudden death. We don’t like to think about it, but we do have to plan for it. So having the correct protection strategy in place will enable you to protect your family’s lifestyle if your income suddenly changes due to illness or your premature death. So go further to know about various protection plans available.

Types of Protection Plan

Two types of Protection Plan

Super term Plan: Super Term Plan is a pure protection life insurance plan that helps you meet your need of financial security for your loved ones at a reasonable cost. It guarantees the financial protection of your loved ones in your absence.

Premium Return Protection Plan: Protection and security of our family is one of our basic needs. Faced with uncertainties every day, we want to be assured of their financial security and well being, in case of any unfortunate eventuality.

Benefits of Protection Plan

Protecting your future against misfortune should be the first step in financial planning

To enjoy an insurance cover wherein you are not under-insured, you need to know your human life value

Your untimely death may deprive your dependents of emotional security

You wouldn't want to burden your family with the responsibility of repaying your loans, should anything unfortunate happen to you

Why Choose a Protection Plan? A plan that assures financial security for

your family while keeping pace with your growing needs, and rewards you for a healthy lifestyle 

To deal with growing expectations and secure the financial future of your family, Protection Plan Insurance has come up with the perfect protection solution for you.

Please note that the above mentioned benefits are as per the current tax rules, your tax benefits may change if the tax rules are changed

Conclusions

These protection plans are useful in securing your family’s future and are available and nominal fees. It’s always better to get yourself an your loved ones insured as no one really knows when an injury or accident might occur and lead to financial instability.

There are various government and non-government banks and organizations working towards getting people insured. Some of them are birlasunlife, maxlifeinsurance and licindia etc.

Thank you