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Published On:
01 Apr 2011 12:37 pm
Ad Type: I am offering
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Location: Mumbai(Maharashtra), India
Mobile: 9869845054

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amit butola

Financial Planning Retirement Planning in Mumbai

Services [ Loans - Insurance ]

LIC accredited agent

Offering all insurance services under one roof

For new policies and plans and for tax planning Please contact Mr. Bharat Mehta

What Is Life Insurance?

Life insurance is a contract that pledges payment of an amount to the person assured (or his nominee) on the happening of the event insured against.

The contract is valid for payment of the insured amount during:

  • The date of maturity, or
  • Specified dates at periodic intervals, or
  • Unfortunate death, if it occurs earlier.

Among other things, the contract also provides for the payment of premium periodically to the Corporation by the policyholder. Life insurance is universally acknowledged to be an institution, which eliminates 'risk', substituting certainty for uncertainty and comes to the timely aid of the family in the unfortunate event of death of the breadwinner. 
By and large, life insurance is civilisation's partial solution to the problems caused by death. Life insurance, in short, is concerned with two hazards that stand across the life-path of every person:

  1. That of dying prematurely leaving a dependent family to fend for itself.
  2. That of living till old age without visible means of support.

Life Insurance Vs. Other Savings 

 Protection: 

Aid To Thrift: 

Liquidity: 

Tax Relief: 

Money When You Need It: 


Who Can Buy A Policy? 

Any person who has attained majority and is eligible to enter into a valid contract can insure himself/herself and those in whom he/she has insurable interest. 

Insurance For Women
Medical And Non-Medical Schemes
With Profit And Without Profit Plans
Keyman Insurance

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