SRatan Financial Distributors Private Limited wide range of financial solutions.
The loss of life cannot be compensated. However, a life insurance plan can help to tide over the financial requirements of a family. We at SRatan Financial Distributors Private Limited can help you cover your family’s financial health with the right Life Insurance plan.
When it comes down to it, buying life insurance isn’t meant for you — it’s designed to protect your family and loved ones when you’ve passed away. And if you’re responsible for the financial security of a partner, child, disabled loved one or aging parent, life insurance is a smart way to help make sure they’ll have financial security in the future.
One of the most effective plans.
Secure your family and get back your premium.
These are an insurance product that combines insurance and investment benefits in a single plan. ULIP, or Unit Linked Insurance Plan, offers life cover which is a major benefit over the traditional wealth creation tools. Whereas endowment offers a guaranteed amount at maturity or death. It not only helps you save or grow money but also protects your loved ones’ future from life’s unexpected turns.
ULIP is both an insurance policy and an investment.
Endowment plans offer you guaranteed returns on the death of the insured or after maturity.
In the case of the life insured’s death, a standard insurance plan pays out a lump sum amount to the nominee of the policy. This is known as the death benefit of life insurance. On the other hand, a money back policy is a form of life insurance policy that allows the insured to receive a portion of the sum assured at regular intervals rather than a lump sum at the end of thepolicy period. As a result, a money back insurance policy is an endowment scheme with certain liquidity.
Ensure protection for your family along with options to get money back.
A guaranteed income plan packs a variety of options and benefits that can help you get pease of mind once you retire.
There are other options in life insurance like a pension plan, child saving plan, etc with specific goals or duration in mind. A good financial advisor can guide clients as to what plans fit their needs. Talk to us to know more about how we can help.