Guaranteed Plan Benefits

A guaranteed insurance plan is a type of life insurance policy that provides certain assurances to policyholders, often including guaranteed coverage and guaranteed benefits. These plans are designed to offer stability and predictability, making them appealing for those who want a secure and dependable insurance solution.

Child Plan Benefits

A child insurance plan is designed to provide financial protection for a child’s future needs. These are savings plans that focus on building a corpus for the higher education or a marriage of child. They often include an insurance component to protect the investment & ultimate goal of the plan in case of unforeseen events.

Unit Linked Insurance Plan (ULIP)

A Unit Linked Insurance Plan (ULIP) is a financial product that combines both insurance and investment. The premium you pay is split into two parts: one portion covers the insurance cost, while the remaining amount is invested in various funds (like equity, debt, or balanced funds) according to your preference. The returns on these investments can vary based on market performance. It offers a degree of flexibility. Policyholders can switch between different funds based on their risk appetite and market conditions. They may also have the option to increase or decrease the premium or even make partial withdrawals after a specified lock-in period.

Pension Plan Benefits

A pension plan is a type of financial product designed to provide income during retirement. You make regular contributions to the pension plan. These contributions can be made through periodic premiums or lump-sum payments, depending on the plan. The contributions are invested in various financial instruments such as stocks, bonds, or mutual funds, depending on the pension plan's investment strategy. Upon reaching retirement age, the accumulated corpus is used to provide regular income. This can be in the form of annuities or withdrawals, depending on the plan’s structure.