FAQ

Financial Protection for Dependents: Life insurance provides financial protection to your loved ones in the event of your death. It ensures that your dependents are taken care of financially, covering expenses such as mortgage payments, educational costs, daily living expenses, and other financial obligations.

There are several types of life insurance, including term life, whole life, universal life, and variable life insurance. Each type has its own features and benefits, catering to different financial needs and goals.

The commonest form of health insurance policies in India cover the expenses incurred on Hospitalization, though a variety of products are now available which offer a range of health covers, depending on the need and choice of the insured. The health insurer usually provides either direct payment to hospital (cashless facility) or reimburses the expenses associated with illnesses and injuries or disburses a fixed benefit on occurrence of an illness. The type and amount of health care costs that will be covered by the health plan are specified in advance.

Yes, you can usually change your coverage if your needs change. You might want more coverage if your family grows, for example.