Protection Plan Term Insurance Plan Life Insurance Cover Medical Cover

Protection Plan - Financial Uncertainities of Life
Financial Uncertainties of Life -
Like game of cricket, human life is also full of glorious uncertainties. Financial uncertainties is one of the uncertainties of life. Financial uncertainties, loss of income may dawn upon you or your family in case of -

Untimely demise or
Critical illness or
Accidental Disability
Protection Plan Need -

Safeguard your family’s financial independence and sustenance against uncertainties - Protection Plans help you shield your family from uncertainties in life due to financial losses in terms of loss of income that may dawn upon them in case of your untimely demise or critical illness. Securing the future of one’s family is one of the most important goals of life. Protection Plans go a long way in ensuring your family’s financial independence in the event of your unfortunate demise or critical illness. They are all the more important if you are the chief wage earner in your family. No matter how much you have saved or invested over the years, sudden eventualities, such as death or critical illness, always tend to affect your family financially apart from the huge emotional loss.
Financial cushion in case of an eventuality - Critical Illness can strike anyone. Today with advancement in medical science it is possible to survive a critical illness. Expenses on survival with a critical illness can be very high. Critical care plan provides for a lump sum payment on survival post diagnosis of a critical illness, so that in the event a critical illness strikes, you don’t have to dig into those precious savings of yours.
Protection Plans -

Term Insurance Plan - Pure life cover plan with no investment component. High cover at a very nominal cost. This plan is designed to help secure your family’s financial needs in case of uncertainties. The plan does this by providing a lump sum to the family of the life assured in case of death of the life assured during the term of the contract. One can choose the lump sum that would replace the income lost to one’s family in the unfortunate event of one’s death. This helps your family to maintain their financial independence, even when you are not around
Medical Insurance Plan - This plan provides cover for the medical expenses, so that you do not have to big into your savings and / or investments. This cover is useful when the individual recovers from illness in short period of time and is able to start working / earning again soon. This plan is useful when the loss of income is not pro-longed

Critical Care Plan - This plan provides valuable financial protection on survival post diagnosis of critical illnesses or disability. This cover is useful when the recovery process, from critical illness or disability, is prolonged and there is loss of income for long period of time. Lump sum benefit payment paid irrespective of medical expenses. The policy continues even after the benefit payment paid on selected illness
Suggest you to do the following reviews -

Life Insurance Cover - Review your existing savings, assets and life cover. Is the existing life cover sufficient to compensate your earnings and cover your financial liabilities

Medical Cover - Is your office medical cover sufficient to cover the medical expenses for you & your family
Critical Care Cover - Do you have critical care cover to compensate for financial loss because of serious illness which results in pro-longed period of loss of earnings