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Protecting your family and dependants against financial contingencies is important to clear your hurdles successfully that may take place without any previous warning and may leave you in a situation to worry more about it.

For this, life insurance is the best option – an agreement between an insurance company and a policy holder. It is offered to assure insurer to pay a certain amount of money to the nominated beneficiary in the unfortunate event of the policy holder’s demise for the duration of policy term. A policy holder gets a sum of money in form of premiums either on a regular basis or as a lump sum. Live insurance plans provides with maturity benefits, except for the death benefits.

A life insurance policy and scheme also offers several tax benefits under Section 80C of the Income Tax Act, 1961.

Life insurance works as a financial net – linked with your life like retirement, disability, accident, and death and different other benefits. It is the best support as life is unpredictable and one can never guess what happens to next moment.

It is important for the main person in home as in case of sudden demise of person, family or dependant will not reach to the risk of financial crunch.

It brings to you tax benefits and mental peace too. It offers peace of mind by assuring financial future of family. A life insurance basic plan also helps to generate corpus to take care of the future financial needs of insured’s family.

You will get a number of added benefits of life insurance as it provides you loan against a life insurance policy.


Different Types of Insurance Plans

Depending on your choice and requirement, you can choose different types of insurance plans and policies like:

Term Plans – It provides you with coverage of pure risk cover
ULIPs – It is for insurance and investment benefits
Money Back Plans – Insurance cover with returns on regular intervals
Whole Life Insurance – a plan with coverage to lifetime
Endowment Plan – It is insurance cover and saving option
Child Plan – It is offered to develop corpus for children’s education and other needs
Retirement Plan – It is for financial support for post retirement life

TFS Loans Zilla offers you attractive life insurance plans that you will get from top insurance companies.