Sabse Pehle Life Insurance

Sabse Pehle Life Insurance

What is Sabse Pehle Life Insurance Campaign about?

It is important to ensure that you bestow a protective cover for the ones who matter in your life so that they can be financially equipped and stay worry-free when you are not around them. One such means of providing financial stability to your loved ones in your absence is by providing them with Life Insurance plan and this should be a crucial part of your financial planning as well.

Why Sabse Pehle Life Insurance?

In order to stress the fundamental need and importance of Life Insurance, all the 24 Life Insurance companies in India have joined hands to educate the people about their responsibility towards prioritizing on buying the life insurance plan. Named as “Sabse Pehle Life Insurance”, this campaign was recently announced by Life Insurance Council and has been launched with both digital and conventional mediums. Along with the aim of raising awareness of Life Insurance plan, this campaign also intends to encourage the investors to buy sufficient life cover for their family. The “Sabse Pehle Life Insurance” campaign is the very first collective mass media drive in India’s insurance industry and draws its inspiration from the mutual fund’s drive (Mutual Funds Sahi Hai) launched by AMFI.

at the statistics and annual reports of the insurance industry, it was found
that the penetration of life insurance has shown a downfall since 2009 (4.6%).
Also, many people across the country buy Life Insurance for secondary benefits
without even knowing how crucial it is in one’s life. And hence life insurance still
remains at the back seat while most think it as only an investment option. The
Sabse Pehle Life Insurance” is an
imperative step to educate the people about why
having a life insurance policy is a must
and also re-build the willingness
to buy or invest in this long term investment option.

campaign will be an encouragement factor for individuals to come forward and
protect themselves and their family’s financial future. It will also shed some
light on the benefits of life insurance policy in a seamless manner and
encourage people to buy this plan not just as a tax-saving option but as a
primary protection plan.

Do you have a life insurance plan?

you still don’t have a life insurance plan, then you must surely buy one as it
offers life protection to your family in your absence. A life insurance policy
will take care of your family’s finances when you are not around.

from the perks of financial security that the plan offers, a term life
insurance plan also comes with other benefits of highest life cover for the
lowest premium rates, long term protection, tax benefits and other add-on
benefits and riders such as critical illness cover, accidental cover etc.

How to get Rs.1 Crore Term Life Insurance Cover?

It is
highly recommended to go with a term insurance plan at an early age, as the sooner you buy, the cheaper you get.
So, if you are planning to buy a term life insurance cover, it is suggested to
go with enough amounts (Rs. 1 crore) that can help your family efficiently in
your absence. When it comes to buying a term life insurance cover, there are various
insurers who provide a cover of Rs. 1 crore. With the new regulations passed by
IRDAI, the price of the premiums has dropped significantly for cover for Rs. 1
crore or more. To get more insights, into which insurer would be an apt option,
you can visit the website of various web aggregators or insurance brokers such
as Probus Insurance wherein you can compare with the various policies online
and find the best which suits your needs.

looking out for the 1 crore term life insurance plan, the selection might be
quite tough, however, meticulously going through details such as plan benefits,
inclusions and exclusions can make the task easier. Also, comparing premium
rates, riders and claim settlement ratio of various insurers will smoothen up
your task of deciding the right fit.

Let’s keep the most important thing, the most important thing: Sabse Pehle Life Insurance

the campaign says “Sabse Pehle Life
” which means “Life
Insurance before anything else
”, truly means that one must definitely
consider buying a life insurance plan as the top priority investment plan. It
is indeed important for the people to understand about this primary protection
tool and realize the need to step ahead toward prioritizing life insurance plan
as a fundamental necessity in their lives.

The Best Ways to Choose a Life Insurance Policy

It can be very perplexing at times to make the decision of choosing the life insurance and sometimes it can be even more difficult to understand it completely at first glance. Also, it can be very confusing to discern from where to begin.

You must ask the most significant questions to yourself that “Do you really need insurance?” and “Why do you need a Life Insurance?”  Next step is to gain in-depth knowledge about the different types of life insurance and make sure you buy the right policy which best suits your requirements.

What is the actual purpose of Buying a Life Insurance?

As Howard Wight once said that, “Life Insurance is a combination of caring, commitment and common sense”.

The need for Life Insurance may vary from person to person depending on their personal situation. If an individual has dependants and his or her salary is supporting the family, paying the bills or mortgage, then the need for Life Insurance becomes the foremost necessity. For people who do not have dependants, Life Insurance can be an optional choice for them.

How much coverage will you require?

There is no thumb rule or a fixed amount which is already set for Life Insurance. The amount is directly dependant on your need which is based on your source of income, number of dependents you have, the debts you carry and the lifestyle you prefer.

However, according to a general guideline, it is suggested to go for a policy which would worth at least five or times your annual salary at the time of your death. Apart from that, you can consult a financial expert or planning professional to find out how much cover to obtain.

The inclusion of technological innovation and the incorporation of the online era have brought a lot of changes in the Insurance Industry. Also, there are insurers such as Probus Insurance which make the task all the more simpler through its website wherein anyone can effortlessly find the best policy cover and quotes online at just one click.

How much does the Life Insurance costs?

Cost of the life insurance varies greatly based on how much you buy, the type of policy you opt for, the commission your company offers to its agent and many other factors. Some of those factors include the age of the policyholder, present health profile, gender and occupation. For instance, if you’re a smoker, the policy will probably cost you more, since the health risks are high for the individuals associated with smoking. Moreover, the individuals with pre-existing conditions like diabetes may also have higher life insurance premiums than those without. If you have other medical conditions, ultimately the cost can also be affected. Also, if you work in a chemical industry or your job has a greater rate of risk than a typical office occupation, you may fall into a more expensive insurance category.

However, the least expensive life insurance is likely to be from the employer’s group life insurance (which is offered by your employer) which means you are covered as long as you work for that employer.

Life Insurance policies often have hidden costs such as taxes, fees and commissions that you might find out after you purchase the policy. Therefore, it is always recommended to research online or offline before opting for any policy. Since the plan which may look cheaper now might eventually turn out expensive later.

The bottom line is choosing vehicle insurance or opting for health insurance plans or medical insurance is a wise decision but choosing the life insurance is of high significance. You can make use of the internet resources to educate yourself which could be one of the best options. You can even search for the web aggregators or financial advisors who can help you to evaluate the optimum policy based on your need and budget.

The famous Author and Financial Advisor Suze Orman once said that “If a child, a life partner, or a parent depends on you and your income, you need life insurance”.

Term Plans-First step towards Financial Independence!!

Death of film actress Sridevi sent shock waves not only in the film industry but also in the country due to her stardom. She leaves behind wonderful memories through her films and two young daughters.  Imagine if death knocks at the door of any individual and if he is  not insured or even under insured-what will happen to their family and especially children!!

In order to help the family continue their normal life (in monetary  terms which was when breadwinner was alive), one needs to have protection to cover such an accident. One of the simplest form of insurance which individuals can buy is a ‘term plan’.  Term insurance plan is a type of insurance coverage which is taken for a specified period, typically till you get retired. During this period, if the policyholder passes-away, the sum assured is paid to the nominee. The sum assured is the amount of cover which is chosen at the time of buying the policy.

The benefit under the plan is payable only if the insured person dies. If the plan completes the term and the person insured is alive, the plan matures. On maturity, no benefit is paid as the insured is alive. But nowadays there are plans which cover upto the age of 99 and more than 100 years of life-such plans are perfect fit for estate planning. I will try and explain estate planning through term insurance in other blogs.

Today we would just focus on pure terms and how its one of the cheapest and most important financial instrument one should have in their financial portfolio.  One of the major advantage of term life is that they are not complicated, and one can pick and choose the policy within minutes from our website or other portals. 

Term plan ensures that corpus which family gets when policyholder passes away and it is sufficient enough to take care of basic needs like household expenses and education of children. To further make term plans more attractive, insurers have started coming out with various choices which policyholder can make according to their needs.

For example, if someone doesn’t want lump-sum money and wants monthly income benefits-insurers offer such schemes. There are many term plans in the industry today that break the death benefit into periodic monthly income benefits with an option to increase the periodic income every year.

On the other hand, there are plans like increasing term plans and decreasing term plans. Under increasing term plan the sum assured chosen at the start of the policy increases every year throughout the tenure of the policy. The rate of such increment is determined by the insurance company and is mentioned before buying the policy. While in decreasing term plans, it decreases the sum assured every year by a certain fixed percentage. This rate is also pre-fixed. On death, the sum assured in the year of death is paid.

In short there are various variants of term plans that are currently available in the markets and one should take benefits of buying such plans which can make your life ‘tension-free’ in case one thinks of what will happen to their family if they pass-away.

Term insurance – A boon for financial peace of mind

What does term insurance mean for a policy holder – It gives assurance to the individual covered, that in case of his untimely death during the policy term, his familys’ financial responsibility will be taken care of, up to the amount of the term cover. Financial responsibilities span across from a home loan, personal loan to other current and future responsibilities like children’s education, providing for family members health care and so on. A term cover gives the peace of mind for all these financial commitments.

Types of term plans Most term plans are fixed premium plans and the premium is fixed at the time of inception of the policy. Factors taken into consideration are age, gender, medical history, financial capability and vices like smoking or alcohol. Accidental death and critical illness cover can also be attached to the term policy. If the tenure of the policy completes, then it lapses and no benefits are provided to the insured.

Term policies can be purchased in two ways – Online and Offline
Online buying helps in instant comparison across various companies in terms of life cover, benefits, premium amount, which can help in saving time and money on premiums. Offline is beneficial for those people who need guidance in their financial planning and/or have various ailments for which they need detailed information regarding coverage.

Ways of taking policy – If you are above 35 years of age then take on policy for all your term cover needs , but if you are below 35 years of age then it makes sense to split your term policy on to 2 parts and take it at various ages . As the average term of a policy is 30 years , it will run till you reach 65 years of age or beyond ,in case you take it after 35 years of age. In case you are below 35 years of age say , 27 years, then split the policy amount into 2 parts . if your requirement is 2 cr, then take 1 cr now as it would cover you till you reach 57 years , and take one at 35 years so that it covers you till 65 years of age. So at the crucial age band of 35- 57 you will have a 2cr policy cover.

This way you will end up paying less premium for the insurance coverage and enjoy adequate cover when needed.

Standalone critical illness cover must in insurance portfolio

While critical illness covers range of diseases, standalone diseases plan like Cancer Plan covers starts paying some amount from detection of the disease.  

State run, Life Insurance Corporation of India (LIC) now joins the list of other life insurance companies like HDFC Life, ICICI Prudential Life and Aegon Life among others to come out with the cancer cover plan for policyholders. While there has been other critical illness cover where diseases like cancer or heart attacks were covered, but every insurance portfolio needs standalone disease specific cover for their well-being. 

There are multiple types of cancers that can affect any part of the body. While the probability of being contracted by cancer is increasing, the cost of treating cancer has consistently seen a rise in past few years. Indian Council of Medical Research reports 17.3 lakh new cases and over 8.8 lakh patients are likely to succumb to the disease by 2020. Around 71% of all cancer related fatality occurs in the 30-69 age-group.

Advances in healthcare sector has increased the cancer survival but treatment costs is expensive. While critical illness policies provide patients with a lump sum benefit, and cover them only for severe conditions. Now with this LIC policy or other standalone cover provided by other insurers, insured patients financially get protected even from early stages of detection.

For example, in LIC’s Cancer Cover policyholder will get 25% of sum insured at the early stage of cancer and premiums will be waived off for the next three years. So if policyholder buys a cover for Rs 10 lakh, he gets 2.5 lakh at the early stage of cancer. At the major stage of cancer, 100% of sum insured less previously paid claims in respect of early stage cancer shall be payable. Even other insurance companies offer similar benefits like waiving of future premiums and compensation on every stage of cancer.

On the other hand, in critical illness plans, sum insured is paid at one time only. When an illness like Cancer strikes, the financial impact is not only in terms of the cost of treatment but also in terms of loss of income, in case the patient is an earning member. Therefore, it is important to get a product where the future premiums are waived on diagnosis of cancer.

If policyholder buys HDFC Life’s Cancer Care-Platinum plan they have to pay annual premium of Rs 2,710 (inclusive of taxes) for a 35 year old male living in Mumbai with sum assured of Rs 10 lakh for policy term of 20 years.  While if policyholder buys standalone critical illness-Apollo Munich Optima Vital plan in which 37 critical illness are covered, annual premium comes to around Rs 4,426 (inclusive of GST) for sum insured of Rs 10 lakh for 35 year old male living in Mumbai.

Moreover, this cancer care plan covers only if one is diagnosed of cancer illnesses. The individual receives a fixed benefit on diagnosis as per the severity of the illness. If the life insured does not suffer from any of the illnesses covered under the policy during the policy coverage period, then no benefit is paid out.

Cancer insurance is relatively new in India compared to global markets. However, cancer as a feared disease and insurance products to tackle this menace came just recently. Global products are designed with a focus on lifestyle management and have preventive features like regular check-ups for early detection.

There are challenges for cancer insurance providers because costs of managing the disease can vary significantly between hospitals. This is where multi-stage coverage comes in handy as early stage cancers are also covered. Therefore, carefully evaluation is needed on whether the product covers different stages of severity. If the product covers only severe/late stage which is done in the critical illness riders, then the adequacy of coverage could be in question depending on the type of cancer being detected. This would also increase the out of pocket expenses of the policyholder that one might incur at such stages. This basically means that, in critical illness cover, one must pay expenses on the initial stages of the diseases as this policy kicks on mainly during the later stage of the cancer.

So, it is very important to have a standalone cancer care plan where policyholder is a breadwinner or has dependents parents and spouse. Having said that, if someone plans to buy critical cover its good, but with rising cost of treatment and loss of income it is always beneficial to have standalone cover to slide through difficult times. We certainly believe that, there should be portfolio planning even in the insurance and policyholder can focus on cancer as specific category given its high frequency and its impact on family finances.

Over Rs 15,000 crore unclaimed amount of policyholders with life insurance companies in 2017-18

Strap: Incase claim is not processed, policyholder needs to get in touch with insurers and get the claim amount.

Last month in the Parliament it was announced that unclaimed amount of policyholders with life insurance companies for the last financial year stood at Rs 15,166. 47 crores. State run insurer, Life Insurance Corporation of India (LIC) has the highest unclaimed amount at Rs 10,509. 02 crore, while remaining is of the other private sector insurance companies.

In the last few years, unclaimed amount of the life insurance industry has seen continuous rise as in the past few years also the unclaimed amount for the industry stood at anywhere between Rs 8,000-Rs 12,000 crore. Out of the over 15,000 crores of unclaimed amount in last fiscal, around 13,300 is there with five insurers which includes LIC.

An unclaimed amount could be largely in the form of maturity or death claims, premium refunds, survival benefits. Any amount that has not been claimed for more than 6 months since their settlement date is considered an unclaimed amount by a life insurance company. It is likely that, unclaimed money is majorly from the Tier 2 and 3 cities in the country. It is because many people move from one place to another for their job or service and they don’t update their new address to insurance company. So even if insurers send the cheque it doesn’t get en-cashed.

This amount was disclosed in the Parliament on July 20, and Minister of State in the Ministry of Finance Shiv Pratap Shukla said, that Irdai through its circular on unclaimed amounts of policyholders, advised the life insurance companies to provide a search facility on their website to enable policyholders or beneficiaries or dependents to find out whether any unclaimed amounts due to them are lying with these companies.

Many a times, nominees are not aware of the policyholder who have passed away, there is a change in address or cheque can get misplaced-There are other multiple reasons why money may lay unclaimed at Insurance Companies. To get the unclaimed amount, regulator, Insurance Regulatory and Development Authority (Irdai) has asked all the insurers to provide search facility on the website of every company to allow policyholder to nominees to find the unclaimed amount.

If you want to claim the money from the insurer, incase your claims are not give to you or anyone in the family. One can give name, date of birth, policy number, Permanent Account Number (PAN) and Aadhaar number to know the unclaimed amount on the insurers website. Once the amount is known, one can reach out to insurers or through their agents/brokers to process the claims. Claims will be given be done through electronic transfer in bank once KYC is completed.

Even the insurance regulator, The Insurance Regulatory and Development Authority of India (Irda) has in its circular stated that, Insurers having unclaimed amount of policyholders for a period of more than 10 years it was advised to transfer the same to the senior Citizens Welfare Fund.

No more bargain hunting for Term Insurance!

Policyholders should look at features available and not just buy the cheapest policy.

I have come across many potential policyholders who are into a habit of buying term insurance policies just looking at the lowest premiums. It still puzzles me that, despite the improvement in overall financial literacy investors still try to go for ‘bargain hunting’ even to buy insurance. 

Should one buy insurance just for the sake of buying it or for genuinely transferring the risk to the insurance companies?

In today’s time, when insurance companies are themselves competing to stay relevant in changing times and bringing out variation in term plans, It’s even more important to have a holistic approach of all the key features before buying a term plan. There are some basic thumb-rules which can be followed by policyholders to get their adequate life cover. For example, life insurance is a must for those who have financial dependents. Secondly, they should ideally have a life cover of at least 10 times of their annual income to help survive family members maintain the same standard of living.

But is this enough a hint to buy term plans as they are very simple in nature and very cost effective?

No, before buying into term plans-policyholders should look at important features of the plan, history of the insurance companies, its claims settlement ratios and even their claims rejected ratio.

Term insurance can be defined as a type of insurance that is availed for a fixed term. Nowadays there are term plans which offer coverage till 99 years and even 100 years. The basic differentiating feature of term insurance is that unlike other types of life insurance policies, a term insurance policy is less expensive since it does not have any cash value. The policy comes useful only if the policyholder dies within the time frame during which the term insurance policy is in force.

Like other insurance plans, term plans also offer flexibility of premium payment option to policyholders which can be either monthly, quarterly, half-yearly or yearly. There are some plans like Bajaj Allianz iSecure More, where insurance companies offer increasing cover of 5% per annum at each policy anniversary and option to increase the insurance cover upto twice the Sum Assured at policy inception depending upon the policy term.

While in PNB MetLife Term Insurance Plan, there are four options available to choose for final payout. Policyholders can choose, full lump sum payout, lump sum plus regular monthly income, lump sum plus increasing monthly income and lump sum plus regular monthly income till child turns 21. Apart from that, there are number of other add-on riders like accidental death cover, accidental disability cover, cancer and heart cover and serious illness covers.

Ofcourse the premiums might change if policyholders choose to buy riders, under such plans they can select comprehensive cover under one plans. For example, one can buy term plan and take a rider of accident policy and serious illness policy-where insurance companies will pay if some unfortunate event is likely to take place in your life.

Typically, policyholders look at claims settlement ratio of insurance companies. But they should also look at claims rejected by the insurance companies. If we look at the recently published, annual report of 2016-17 by the Insurance Regulatory and Development Authority of India (IRDAI), then claim settlement ratio of Life Insurance Corporation of India (LIC) was at 98.31% as on last financial year when compared to 98.33% as at 31st March 2016. But for private life insurance companies its stands at 93.72% in last financial year. If we further look at the data then, private insurance companies rejected 4.85% of claims last year, while LIC repudiated just 0.97% which shows better managing than private players.

Not only that, there are multiple other features which vary from one insurance company to another and one should weigh all options before finally zeroing on the policy. So next time you buy the policy, look carefully at all the features before finally signing the cheque.

Money Back Policy

What are the unique features of the Money Back Policy and why should one buy this?

Financial Crises are unpredictable and can encounter anyone at any point in time. In such a situation one looks for a financial support through various options. One can need the funds to overcome this financial crisis and the traditional life insurance policy fall short to help as the possibility is quite low to get the funds through this traditional means before the end of tenure. One can think of loan as an alternate option but it might be limited when it comes to the amount of the loan.

The question that strikes our mind is that what must be done? Is there any plan that can help us by paying the lump sum benefits during the tenure of the policy?

Yes, the Money Back Policy is the ideal answer to the question. It solves the problem of liquidity during the tenure of the plan by paying a percentage of the sum assured regularly through the plan tenure.

Unique Features of Money Back Policy

Income on the maturity of the plan

Money Back Plans are best-known for a person who is looking for safe and secure options. Anyone would readily opt for this plan as it covers your life and at the same time provides definite returns and sum assured in case of death of the policyholder. Therefore, money back plans have an edge over other mutual funds option available in the market since Mutual funds end up spending owing to its easy withdrawal options. Moreover, it the finest options for millennial to be financially equipped who believe more in spending than in saving.

Income during the death of the insured person

The nominee of the policy gets the sum assured and bonus in case of death of the insured person. The money back policy acts like a standard life insurance plan which takes care of your family and their future when you are not around them. It also ensures that the nominee of the policy definitely receives the money.

Increased payout due to bonus amounts

The money back policy is a part of the insurer’s profits through bonus which is declared as a % of the Sum Assured by the insurance company every year and gets accrued. On the maturity of the policy, the accrued amount is added to the overall payment receivable.

Add on riders available for the insured to increase the cover

Almost all the insurers offer add-on riders to enhance the coverage of your policy. Riders like the personal accident, term rider or critical illness are often suggested.

Moreover, it is highly recommended to compare and research your money back plan before you invest in one. An ideal plan should consist of assured returns, lower risk and an additional tax benefit.

Income in intervals

Any particular expense such as medical emergency, child’s education, the marriage of your beloved daughter or any kind of financial emergency can be taken care as the Money Back Policy guarantees that the insured will get returns or will receive the sum assured every few years. The survival benefits are gathered every few years and hence it forms a secondary source of income to the policyholders.

Why should one buy a money back policy?

Money back policy is a type of saving plan wherein you get survival benefits along with maturity benefits. It provides funds on a regular interval basis after a certain period of time till the completion of the term of the policy.

You never know what financial emergency might knock your door or there could be a number of other reasons such as you might need to build funds for investing in business in every few years or for other personal responsibility etc., Money Back Plan is the best options you can rely on.

Money Back Plan provides survival benefits as the percentage of the sum assured (at specified intervals) and maturity benefit with the accrued bonus. The advantage of this money back plan is that it pays a certain amount of the sum assured at regular intervals during the duration of the policy which provides you with the required liquidity. This helps you to plan your different goals during life.

Moreover, it provides with the risk-free returns i.e. since there is no risk involved, one can opt for the finest Money Back Policy.

Life Insurance – The Pillar of Personal Finance

Life is very unpredictable and protecting this precious gift is very important. We often ignore the idea of taking up Insurance seriously. However, any sudden misfortune or mishap brings us the realization that life is not under our control and could end at any point of time. However, our death puts our family or dependants in grief and they are struck with enormous liabilities such as rents, loans, EMI’s etc. If you are the only earning person in the family, there is a chance of flow of income being discontinued and the dependants are left with no alternate source of income. Financial security is the most important factor for a stable life and Life Insurance is a perfect pick for it. The most important advantages of Life Insurance include the protection of your loved ones through financial security. Besides this, the other benefits include:

Offers a shield to your family in your absence

Life Insurance comes with one primary benefit of Death Benefit. In this benefit, the person who is named as beneficiary while taking the policy gets the advantage of the death benefit in the case of the insured person’s loss of life. This amount can be used by the beneficiary as they wish.

A death of a person in a family can leave the dependants or family member into huge emotional and financial problems. However, the Life Insurance assures that it offers financial aid and helps to overcome a part of the grief after the demise of the insured person.

You get the perks of Tax Benefits

Tax Benefits is one of the significant tax planning tools. The deductions towards policy premium qualify for tax benefits under section 10, 80C and 80CCC of the Income Tax Act. In this way, the Life Insurance can provide a large range of benefit which can be a helping hand for you and your family.

Pay Less, Get More

In Life Insurance, you pay a small amount of premium and get huge benefits. For eg: For Bharati Flexi Term Insurance Plan, If a male of 25 years is insured with a sum assured of Rs.1 crore for a premium term of 35 years, he has to pay annual premium of Rs.5,700 for a tenure of 35 years which is total of Rs. 1,99,500. Here the sum assured is more than 50 times the value of the total premium paid.

It helps in wealth creation

Well, the fact is who doesn’t like some extra penny? Insurance aids in increasing your wealth. When you invest a portion of your premium payments in capital markets, policies such as Unit-Linked Insurance Plans (ULIPs) can earn you a return for it. It helps us fight the impact of inflation on our financial goals thereby offering us the option to invest in equity which offers the best returns in long run. In India for a long period of time, Endowment and Money Back Plans are traditional insurance and savings products that are very popular. The endowment plans pays the money, which includes the sum assured (or cover) and bonus, on the maturity of the policy while on the other hand the Money back policy returns money usually as a fixed percentage of the sum assured to the insured during the term of the policy at some regular frequency (e.g. 5 years). On the maturity of the money back policy, the balance sum assured and bonuses are paid off. Both endowment and money back plans pay the sum assured to the insured in case of the death claim.

It acts as a Risk Management Tool

If you are the one who has not saved for an emergency situation or not completely paid off your debts or not saved money for purchases in the future for your dependants than you still need not concern about your dependants after your death, Life Insurance helps by providing an investment component to you and your family.

Is your family protected with Life Insurance? If No, start here by visiting our website . At Probus Insurance, we not only strive to protect your life and family but also ensure that we provide the best cost and the finest protection package that suits your requirements.