Testimonials
With the process of insurance being confusing enough already, and the many many options available everywhere I looked, I didn’t know what to do. Thank you so much for helping me choose the right kind of insurance for me and my family.
– Abigail J, Birmingham

The best thing I’ve done since I first thought of insuring myself was log on to your site. Thank you!
-Jacob F, London.

What is a Life Insurance Policy?

A life insurance policy is a pact between a policyholder and an insurer. Under this agreement, the insurer agrees to pay the policyholder a specific amount of money on the death of the policyholder, if the policyholder pays a specific amount of money, known as the premium, at regular intervals.

Why a life insurance policy is important?

A life insurance policy is an important thing because it provides the assurance to the policyholder that the people who outlive the policyholder, need not worry about the money and continue living without the constant worry of bankruptcy.

Moreover, the process of insuring oneself only gives the insured/the policyholder the peace of mind for being able to provide financial abundance to one’s family even after ones death.

What are the different kinds of Life Insurance Policies?

There are basically two kinds of Insurance Policies:

» Term Policy : This provides cover only for a specific term/duration.
» Permanent Policy : This is in place until the policy actually matures out.