The most reputable life insurance providers know that purchasing life insurance is a person matter. They therefore offer a wide range of affordable service to their customers to give them a piece of mind. So whether the insurance lasts for six or 80 years, it is important to seek the services from a company that offer the most convenient rates. These prices, however, depends with the circumstances of the buyer.
List of top providers
AEGON Life Insurance Company
AEGON Life Insurance offer coverage that lasts for shorter periods. They have flexible policies with different term length. Options are also available for customers to extend their coverage beyond what they had initially applied for. This means that customers are able to customize their coverage and get covered for as long as they need. Some of the plans offer by AEGON Life Insurance include endowment plan, term plan, ULIP plan, group plan, pension plan, child plan, ruler plan and protection plan.
Max life insurance Company
Max Life Insurance is the best option for people who need lifelong insurance policy. It is among the top companies that offer excellent premium life insurance. It has an exceedingly financial position and commendable dividend track record that helps offset the high costs of premium, and grow the value of your policy. Max Life Insurance Company also has a 96.23% claim settlement ratio, which makes it have a maximum grievances that are resolved in a year.
TATA AIA Life Insurance Company
Looking for life insurance plans with high premiums? TATA AIA is one company that has relatively higher premium rates. As much as most life insurance policies come with affordable rates compared to others, the insurance company has policy holders with a total of rupee up to 6500 yearly.
It is important to note that no matter the price of the policy you need, you have to compare the rates from different providers before buying a policy. The price will actually differ from one company to another, depending on how risky the policy is. While there is no guarantee which among the providers offer the cheapest policies, the above companies are among best life insurance providers known to offer complete coverage, and are great places for you to start with. Coverfox.com will also help you come up with the best life insurance company.
List of best insurance plans
New Jeevan Anand (LIC)
Based on past performance, this life insurance policy has a number of advantages, and is among the policies that customers really need. The insurance plan from LIC life insurance offers two benefits, which include life protection and savings plan. It acts as security against unexpected death by offering financial support to the family. If you survive up to the policy term, you will also enjoy the maturity benefits. The policy’s approach qualifies it as among the best life insurance plans in the country.
HDFC SL Crest
This is among the short term insurance plans with the main aim of helping the insurance buyers achieve their goals in investment after a very short period (mostly 10 years). Besides, it also offers financial cover for the family in case of unforeseen death. Customers are only required to pay their premiums for a period of 5 years for them to enjoy the benefits that come with this insurance plan.
SBI life insurance eShield
SBI life insurance is the best option if you are looking for a complete cover policy. It is also among the most trusted policies in India. The insurance plan is especially helpful for people who need financial protection for them to have a pace of mind. More information on the policy can be found at Coverfox.com
SBI Life Insurance Shubh Nivesh
This is also another great product offered by SBI Life. It offers dual benefits of life coverage as well as endowment assurances. When the holder is covered by the policy up to maturity, they benefit from a lump sum amount. He or she also have the option of converting the lump sum to an income source that is payed at regular intervals. In case of unfortunate demise, your family will also enjoy financial benefits.
Conclusion
As much as you may think that insurance companies don’t have a lot to offer, you can never tell what the future holds. It is therefore important to be prepared in case of any uncertainties, and especially if you have people who depend on you. With different types of insurance plans available, you also need to do some background research to ensure that you purchase the best life insurance plan.
