Savings Plans – Secure Your Future with Assured Returns
Overview: Savings plans offer guaranteed returns while providing life insurance. These plans ensure financial stability for your family in your absence and help you meet future milestones like weddings or education expenses.
Key Features:
Guaranteed returns with life cover.
Flexible premium payment terms.
Tax exemptions under Section 80C.
Why It’s Important: In India, where saving for future needs is vital, these plans ensure financial discipline and security.
Benefits:
Regular payouts or lump-sum maturity benefits.
Secure your family’s future.
Tax savings on premiums paid.
FAQs:
1. Are the returns guaranteed? Yes, savings plans offer assured returns.
2. Can I add riders? Yes, you can enhance coverage with riders.