Option I: The Quick Needs-Matched Quote

What is Life Insurance Policy?

A life insurance policy is a contract between the life insurance company and the insured customer wherein the insurance company agrees to pay the maturity benefit to the insured or the death benefit to the nominee of the insured in return for a nominal amount known as “Premium” which is to be paid by the insured customer to the insurance company on regular intervals. Life insurance policy includes life cover against any uncertainty tax exemption inclusion of riders and investment tool and retirement.

What is Whole Life Insurance?

Whole life insurance is the extension of the term insurance policy. In whole life insurance, the insurance coverage is provided till the death of the policyholder or till attaining 99 years of age. Since the coverage is for a complete lifetime, it is known as Whole life insurance. While the term insurance policy has a particular period of time for which the coverage is offered the whole life insurance policy is covered for the lifetime of the policyholder.

What is Term Life Insurance Plan?

A term life insurance plan, which the needs-matched has at its foundation, is a type of life insurance in which the insurance company pays the claim to the nominee of the insured in case of the death of the insured. The life insurance term plans coverage is provided for a particular period of time which is known as the “term”. The period of life insurance term policy can be anywhere between 5 years to 60 years depending on the type of term plan life insurance policy.

When yu have completed your request for cover, we will be able to guide you to the top needs-matched options available. Some insurers provide certain benefits better than the next. Hence our job is to align your needs to the best option available in the market at the best price. In essence the price reduction should be in the region of 30% if all health boxes are checked.