Insurance Schemes
In today's uncertain world, there could be calamity at every step of the life. It is up to you to ensure that your family stays protected always. Saraswati Insurance Plans helps you do exactly the same. You have a wide range of options to choose a plan from. Right from limited period plans to lifetime protection plans, you can opt for the one that suits your lifestyle.
Why do I Need Life InsuranceLife Insurance as Protection A life insurance policy allows you to provide the right security for your family in case of your unfortunate absence. As you are the sole bread earner of the family, an untimely demise can cause them severe financial distress. While no amount of money can ever replace a person, life insurance gives you the peace of mind, knowing that your family will have the right financial support to continue living in case of your absence. Life insurance is a long-term financial instrument that works as a financial backbone to fulfill your family members’ financial needs at important milestones even in your absence. Most importantly, it allows the family to pay off any mortgage, liabilities, medical expenses or loans, so that these liabilities don’t cause an additional burden to them. It is therefore important, to choose an insurance policy that allows your family to continue the same kind of lifestyle and cherish the wonderful memories that come along. | 
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Life Insurance as an InvestmentLife Insurance as an Investment More than providing peace of mind your family and yourself, life insurance can be one of the best investment decisions you have ever made. With stringent regulatory conditions to safeguard policyholders, traditional life insurance policies carry minimum investment risk and provide long-term insurance benefits. Most life insurance policies include retirement income on maturity. Another advantage of life insurance is that the coverage amount can be increased over time. So, while presently, you can afford only a low insurance premium with your current salary, over time with increasing income through promotions or new income sources, you can increase your insurance cover by paying slightly higher premiums and provide a better life cover for your family even when you are not around. While choosing a life insurance policy, it is generally advisable to look at various products that different organizations provide. Many insurance companies offer an array of insurance plans that best suit the needs of the entire family. It is always better to invest your hard earned savings which will provide you with long-term benefits than to seek short-term benefits from high-risk investment ventures. Whether you have just started your career, are recently married or blessed with a family, securing adequate life insurance can prove to be the best investment decision you ever made. | 
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Life Insurance For Saving TaxLife Insurance policies give you an additional advantage of tax benefit. As your income increases, the tax bracket also widens. The most apt method to save your hard earned rupee is through investment in insurance policies. With most insurance policies, the premium you pay is eligible for tax benefits. Under Existing Income Tax Laws, contribution towards life insurance policy is allowed as deduction in income, thereby decreasing tax liability. It means that you not only provide financial security for your loved ones in the unfortunate event of your demise, but also reap the benefits of additional income from tax savings through premium contribution in unit linked life insurance policies. Any profit earned from Unit linked life insurance schemes also provides tax benefits to the payee. Another advantage of life insurance is that the lump sum benefit payable on death is tax free. Life insurance is therefore your greatest ally to help you save your hard earned money from the burden of tax. | 
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Here are few of our Health Products1) Critical Illness Insurance and Hospital Cash Benefit 2) Group Accidental Permanent Total Disability Benefit 3) Health Gain Insurance 4) Health Wise Insurance 5) Personal Accident 6) Protection Plans 7) Saving and Investments Plans 8) Retirement Plans 9) Unit Linked Plans 10) Child Plans 11) Health Plans 12) Solution for Groups 13) Comprehensive Accident Protection 14) Supplimentary Death Benefit Rider 15) Group Accidental Permanent Total/Partial Disability Benefit 16) Mahila Gain (CI+Reconstructive Breast Surgery+Complications of Pregnancy+Congenetal disabilitites) 17) Smart Pension Plan 18) Accidental death & Total and Permanent Disablement Rider(Limited Premium) 19) Major Surgical Benefit Rider |