NEED AN INSURANCE PLAN?
It is essential to be prepared for the unexpected during life. Life insurance safeguards families and its financial needs in the event of an unfortunate or untimely death. Our insurance policies offer a maturity benefit which can result in wealth creation for the family. To help families manage their financial requirements, insurance products like term life insurance plans and whole life insurance policies could be considered as having an insurance coverage equal to the discounted value of all costs or financial obligation.
Child Future Planning
Your child’s life insurance policy protects your child's goals while providing the financial assistance you require to help them realize their goals. As parents, your primary obligation is to make sure that your child's requirements are met. If your child has dreams of becoming a doctor pilot, or maybe an actor, they shouldn't be forced to deviate from their dreams because of inability to pay. If the unfortunate event occurs that the insured parent dies, Life Insurance can protect the financial security of the whole family. The insurance sum will ensure that the child's education and other goals for the future can continue unabated, regardless of the loss of an income.
Savings & Tax
Yiploo insurance allows you to not only reduce tax, but also focus on reaching your long-term goals and gain financial security to protect the long-term future for your beloved ones. Life insurance tax benefits are included within Section 80C of the Income Tax Act, 1961. You are entitled to the maximum tax deduction of 150,000 rupees per year on the amount of premiums you pay on the policy. The tax-saving life insurance policies include those purchased for you, your spouse or for your dependent children.Tax laws can be amended that are made periodically. Consult your tax professional for more information prior to making any decision basing your decision on the information above.
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What is life Insurance?
In simple terms Life Insurance is used to describe a promise of financial value to the life insurance provider and the purchaser of the life insurance policy or known as the policy holder. According to the agreement that the policyholder makes, the insurance company pays a reasonable premium, which is a fixed amount and for a specific number of time and this term is known as policy term.
In between the period under some circumstances that an unfortunate incident occurs where the policyholder is killed or loses their life or becomes permanently disabled, the business will fulfill its obligation by paying the family of the policyholder an agreed-upon sum known as 'Sum Assured'. The money helps the family continue with their lives even in absence of the insurance policyholder's income. In certain policies, the amount referred to as Maturity benefit is paid out at the expiration of the policy.
In the past, I took life insurance through Yiploo. Because the agent advised with good benefits, therefore, I chose the term life insurance policy. I was provided with the paper and other documents on the date. The entire team is very cooperative and available to answer all your questions. I have covered my family as well and I definitely recommend the company for life insurances.
The last few years have been a difficult time for all of us as the Covid hits, but I never lost faith or confidence with Yiploo Insurance. They have a great reputation and make customer satisfaction their top priority. Thank you for your honest and quick claim process. The amount of the claim will be a huge help in these times of sorrow. I'll definitely be recommending Yiploo in my family circle and friends.
I've found the most excellent life insurance plans from Yiploo.com. It was the highest level of life insurance. I found the plan to be impressive and suited to my requirements and desires. You can find the most suitable and needed plans on the site. Thank you team. My term insurance plan met my and my family's needs. It's got a lot of extra options that make the term insurance plan worth it. I purchased the Yiploo life insurance for my family members. Excellent team.
I purchased Yiploo child’s plan as an abundance of costly education is taking place. However, with the child plan, it'll be simple for me to afford his education. Thank you team, and it was the perfect plan for me. My child's wish will be fulfilled if he follows the child strategy. He would like to become a brilliant scientist and have large goals. Thank you team, and this was the goal of Yiploo life insurances.