By providing my contact details, I authorize the company to contact me overriding my registry on NDNC/NCPR for clarifications/product information.
(Annual disposal income *10) - Existing Life cover
Protection
Education Planning
Retirement Planning
Managing & Growing Wealth
It is the period over which you would stay invested in the plan. Time Horizon is very crucial in determining your desired exposure to Liquidity and Market Risk and selecting the most suitable plan. It should be according to your financial goals (short-term or long-term) and it is recommended to align Premium Payment Term with your Time Horizon.
If you are looking for safety of capital and a steady corpus build-up, we recommend you to opt for traditional insurance plans.
In Unit linked insurance plans, returns are based on market movement and the investment risk is with the policyholder.
These products have a lock-in period of 5 years and do not offer any liquidity during this period. If you surrender the policy within first 5 years, the surrender value will be paid only at the end of 5 years. In case Premiums are discontinued anytime during the first 5 years, your Life Cover will cease to exist.
These products are suitable for you if you are comfortable that the value of your investments will fluctuate and there may be loss/gain in value of your invested fund(s), in return for a potentially better chance of earning higher returns in the long term.
In traditional plans, premium invested is generally protected and investment risk is with the insurance company.
These products are suitable for you if you do not like the idea of risking your capital and your objective is to at least earn a guaranteed return on your investment & shelter these amounts from market fluctuations, along with life cover.
