Life Insurance Plans
Life insurance ensures your family is financially protected if you're not around. Choose from pure protection plans or plans that combine cover with savings.
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GrokFinancial security for your loved ones
A life insurance policy is a contract in which the insurer pays a sum assured to your nominee on your death during the policy term, in return for premiums. Some plans also pay a maturity benefit if you survive the term. The right plan depends on how much protection your family needs, your budget and whether you want savings features.
Plans to choose from
Each type serves a different purpose.
- Term plans - maximum cover, lowest cost
- Endowment & money-back - cover with savings
- ULIPs and whole-life plans
Why it's worth it
From your first conversation to ongoing service, everything is built around your needs.
Income protection
Replace your income for your family's future needs.
Goal security
Keep education and other goals funded in any situation.
Riders
Add critical illness, accidental death or waiver-of-premium benefits.
Tax efficiency
Premiums and payouts may enjoy tax benefits, as per prevailing laws.
Simple, transparent, personal
We listen first and understand completely before suggesting anything.
- 1Understand your goals, family situation, time horizon and comfort with risk
- 2Shortlist relevant options as incidental advice and explain them in plain language - costs, risks and all
- 3Take care of KYC, forms and documentation so getting started is hassle-free
- 4Review regularly and stay a phone call away whenever life changes
Frequently asked questions
Quick answers about life insurance plans. Still have a question? We're happy to help.
Which type of life insurance is best?
For most people, a term plan offers the most protection per rupee. Plans with savings suit those who specifically want a guaranteed or insurance-linked savings component. We compare both honestly.
What is sum assured?
The amount the insurer promises to pay your nominee on a valid claim, as stated in the policy.
What is a rider?
An optional add-on to a base policy, such as critical illness, accidental death or premium waiver, available for an extra premium.
Can I surrender a policy early?
Many savings-type policies can be surrendered after a minimum period, but surrender values are often low in the early years. Term plans generally have no surrender value.
What is the free-look period?
A window (usually 15–30 days from receipt of the policy) during which you can return the policy if you disagree with its terms and get a refund, subject to deductions.
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All our products
Insurance is the subject matter of solicitation. Please read the policy wording, terms, conditions, sales brochure and exclusions carefully before concluding a sale. Fortunate Investments acts only as a distributor and does not underwrite any risk.
Need help choosing the right option?
Talk to us - we'll understand your needs and explain your options in plain language.