In this presentation, find out all the relevant information for life insurance, types of life insurance plans in the market and the multiple benefits of life insurance and the banks offering Diwali benefits on insurance.

1. Gift Your Family with a life
insurance this Diwali

2. Why Life Insurance is Required?
 Good investment option
 Life Insurance is a financial cover for a contingency
linked with human life, like death, disability,
accident, retirement etc.
 Life insurance is a great tool that will help your
family in meeting their critical needs.
 Life insurance is also used to pay potential federal
estate taxes. Since these taxes must be paid in
cash, life insurance can be a good way to ensure
the fulfillment of this obligation.

3. Why Life Insurance?
 Family’s Financial Requirements
 Loans and Expenses Repayment
 Draw Loans Against Insurance
 Diverse Investment Options
 illnesses and Accidents
 Tax Benefits

4. How much Life Insurance is
Needed:
The amount of Life Insurance coverage you need will
depend on many factors such as:
 Number of dependents
 Sum required for children’s education
 Evaluation of investment needs
 Affordability

5. What are its benefits?
 Disability Benefits
 Tax Relief
 Superior to any other Saving Plan
 Encourages And Forces Thrift
 Easy Settlement And Protection Against
Creditors
 Administering The Legacy For Beneficiaries
 Ready Marketability And Suitability For Quick
Borrowing

6. Types of Life Insurance
Policy
Different types of life Insurance
 Term Life Insurance Policy
 Yearly Renewable Term Policy
 Whole Life, Universal Life, Variable Universal Life And
Variable Life Policies

7. How To Make a Policy Claim
Life insurance claim can arise either:
 Filled-up claim form (provided by the insurance
company)
 Certificate of death
 Policy document
 Deeds of assignments/ re-assignments if any
 Legal evidence of title, if the policy is not assigned or
nominated
 Form of discharge executed and witnessed

8. Plan Future This Diwali
 Diwali is one of the most awaited
festival among Indian families, who
plan their Diwali spending's - gifts,
clothes, vehicles - throughout the
year. Many, however, fail to carry the
same planning and enthusiasm when
it comes to finances. So plan this
Diwali wisely and invest in life
insurance.

9. The best Offers & discount on
Diwali Festival
Diwali, the festival of lights, also offers many lessons
which can be used in financial planning. It is always a
wise decision to invest in Diwali as one always give a
new start to their life and even banks tend to
understand the same by offering huge discounts over
policies and insurance plans. In India one has many
banks to approach for discounts, for your help some
are mentioned below:
 MaxLife Insurance
 Aviva India
 LIC

10. Conclusions
 Life insurance decision is determined by income, needs,
family circumstances and goals.
 Importance of contract provisions and flexibility.
 The cost of not taking correct decisions is high and,
sooner or later, will impact your future for a long time.
Make plans wisely and make this Diwali more fruitful.