Compare Best Life Insurance Policies in India

Life insurance policy provides you assurance that your family will get financial security and support even when you are not around. This is the best way where the insured person can save his family from financial crisis at the time of any mishappening or after death, but prior to this it’s necessary to compare best life insurance policies offered by different companies, necessary compare contract terms, cost, premium quotes, limitations and benefits. 

With a population of over one Billion, only 35 million people in India are covered with life insurance. There are so many reasons behind this low penetration of life insurance. Undoubtedly, ignorance about insurance, lack of knowledge about facilities and cost efficiency of insurance - are some of the reasons. That is the reason website like www.policybazaar.com will be of much help for all those who are looking for effective life insurance solutions. 

Compare Best Life Insurance Plans in India

If you too are looking for a good life insurance policy but do not have any idea about which insurance company to choose and what type of policy is apt for you, www.policybazaar.com can be a great help.

At our site, we are offering details of the leading life insurance companies in India. You can get comprehensive details of different life insurance policies offered by these companies. You can even compare different life insurance policies to see which policy suits you the most. You can also enroll for a policy and pay the premium for the policy. So get insured, all it takes is a few clicks of the mouse at our website.

Not many today know that life Insurance premium over the past few years has been revised by quite a few insurers. This has not only reflected in the amount of increased allocation per life insurance premium but also the returns that guaranteed returns that a policyholder gets on his life insurance premiums.

To learn more about life insurance premium for the bestselling products all a customer today needs to do is log on to www.policybazaar.com and get life insurance quotes from all the top rated insurers. The customer on www.policybazaar.com does not only get the benefit of comparing life insurance quotes or Life Insurance premium from various insurers but also buy them directly on the site. 

Life Insurance Basics

Life insurance is an agreement between two parties i.e. insured and insurer where in insurer agrees to indemnify insured in event of any contingency leading to death and injuries.

Types of Life Insurance

There are various types of life insurance available to an individual depending upon the sole motive of insurance in order to meet contingencies. Below are types of life insurance options available to an individual: 

• Term Life Insurance: 
Term life insurance plans provide insurance to an individual for a fixed tenure. It is the pure and cheapest form of life insurance for an individual. This type of policy is suitable for people who are unable to pay high insurance in order to buy endowment policies. 

• Whole Life insurance: 
Whole life policies are totally opposite to term life plans. A whole life insurance policy covers risk to an individual for their whole life and generally no pay backs are provided under these types of policies.

Read More - http://www.policybazaar.com/life-insurance/life-insurance-india.aspx

Best Child insurance plan in India by HDFC insurance plans

Why do I need Children’s Plans?

Children's Plans helps you save so that you can fulfill your child's dreams and aspirations. These plans go a long way in securing your child's future by financing the key milestones in their lives even if you are no longer around to oversee them. As a parent, you wish to provide your child with the very best that life offers, the best possible education, marriage and life style.
Most of these goals have a price tag attached and unless you plan your finances carefully, you may not be able to provide the required economic support to your child when you need it the most. For example, with the high and rising costs of education, if you are not financially prepared, your child may miss an opportunity of a lifetime.
Today, a 2-year MBA course at a premiere management institute would cost you nearly Rs. 3,00,000/- At a assumed 6% rate of inflation per annum, 20 years later, you would need almost Rs. 9,07,680/- to finance your child's MBA degree.
An illustration of how education expenses could rise with passing time due to inflation

Source: HDFC Standard Life Survey 2008. Inflation assumed as 6% p.a.

So, how can you cope with these costs? Children's Plans help you save steadily over the long term so that you can secure your child's future needs, be it higher education, marriage or anything else. A small sum invested by you regularly can help you build a decent corpus over a period of time and go a long way in providing your child a secured financial future alongwith

Types of Children's Plans

Our range of Children's Plans includes

Conventional Plans	Unit Linked Insurance Plans
HDFC Children's Plan	HDFC SL YoungStar Super II HDFC SL YoungStar Super Premium

Read More - http://www.hdfclife.com/Products/Children%27sPlans/child-insurance-plans.aspx

Best Life insurance plans in LIC India

	Latest plans in LIC As individuals it is inherent to differ. Each individual's insurance needs and requirements are different from that of the others. LIC's Insurance Plans are policies that talk to you individually and give you the most suitable options that can fit your requirement. Bima Account 1 Bima Account 2 Endowment Plus Jeevan Anurag Komal Jeevan CDA Endowment Vesting At 21 Marriage Endowment Or Educational Annuity Plan CDA Endowment Vesting At 18 Jeevan Kishore Jeevan Chhaya Child Career Plan Child Future Plan Jeevan Ankur Jeevan Aadhar Jeevan Vishwas The Endowment Assurance Policy The Endowment Assurance Policy-Limited Payment Jeevan Mitra(Double Cover Endowment Plan) Jeevan Mitra(Triple Cover Endowment Plan) Jeevan Anand New Janaraksha Plan Jeevan Amrit Jeevan Vaibhav (Single Premium Endowment Assurance Plan) Jeevan Shree-I Jeevan Pramukh The Money Back Policy-20 Years The Money Back Policy-25 Years Jeevan Surabhi-15 Years Jeevan Surabhi-20 Years Jeevan Surabhi-25 Years Bima Bachat Jeevan Bharati - I The Whole Life Policy The Whole Life Policy- Limited Payment The Whole Life Policy- Single Premium Jeevan Anand Jeevan Tarang Two Year Temporary Assurance Policy The Convertible Term Assurance Policy Anmol Jeevan-I Amulya Jeevan-I Jeevan Saathi Mortgage Redemption  Read More - http://www.licindia.in/individual_plans.htm