Question

analysis on different types of insurance policies ​

Answer 1

Different Types of Life Insurance Policies in India

1)Term Plan – pure risk cover

3)Unit linked insurance plan (ULIP) – Insurance + Investment opportunity

4)Endowment Plan – Insurance + Savings

5Money Back – Periodic returns with insurance cover

6)Whole Life Insurance – Life coverage to the life assured for whole life

7)Child’s Plan – For fulfilling your child’s life goals like education, marriage, etc.

8)Retirement Plan - Plan your retirement and retire gracefully

7)Let’s dive deeper to know each plan in detail.

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