🛡️ Types of Life Insurance Plans: secure life insurance

 💡 What is Life Insurance?

Life Insurance is a contract where the insurer promises to pay a fixed sum of money (called the sum assured) to the nominee in case of the policyholder’s death or after a set period (maturity), depending on the plan.

It’s a powerful way to protect your loved ones financially in case something happens to you.

 Why You Need Life Insurance:

• 🏠 Protects your family financially
• 📉 Covers loans, debts, and future expenses
• 📚 Secures your children’s education
• 💼 Offers tax benefits under 80C & 10(10D)
• 🧘‍♂️ Gives peace of mind knowing your loved ones are covered

📄 Documents Required:

• PAN / Aadhaar / Passport
• Address proof
• Income proof (for high coverage)
• Recent passport photo
• Bank account details