Description

Life Insurance in Ahmedabad, Gujarat, India. Life Insurance: Secure Your Family's Financial Future Protect your loved ones from life's uncertainties with our comprehensive insurance solutions. Life is unpredictable, and while we can't control every event, we can certainly prepare for them. Life insurance is a critical financial tool that provides a safety net for your family in the event of an untimely demise. One needs to find right insurance plan that provides robust financial security, ensuring your family's dreams and aspirations remain protected. How Life Insurance Helps You  Financial Protection: The primary purpose of life insurance is to provide a lump sum of money (death benefit) to your beneficiaries, helping them cover living expenses, pay off debts, and maintain their standard of living.  Income Replacement: It acts as a replacement for your income, ensuring that your family's financial needs are met even in your absence. This is especially crucial for young families with dependent children or a spouse.  Debt Repayment: The death benefit can be used to pay off outstanding loans like a home mortgage, car loan, or personal loans, freeing your family from financial burdens.  Wealth Creation: Certain life insurance policies, like endowment or money-back plans, also offer a savings component that helps you build wealth over time and achieve your long-term financial goals.  Tax Benefits: The premiums paid for life insurance and the death benefit received by your nominees are often eligible for tax deductions and exemptions under the Income Tax Act of India. Understanding Life Insurance Life insurance is a contract between the policyholder and an insurer. In exchange for regular premium payments, the insurer agrees to pay a sum of money to the designated nominee upon the death of the insured person. The two main types are:  Term Insurance: This is a pure protection plan that offers a high sum assured for a relatively low premium. It does not have a savings component and is designed solely for financial security.  Endowment Plans: These plans combine insurance with savings. A portion of your premium goes toward life cover, while the rest is invested. The policyholder receives a lump sum at the end of the policy term, even if they survive the term. Eligibility and Documents Required The eligibility and documentation for life insurance are designed by the insurer and varies. Basic Eligibility Criteria  Age: The maximum age for entry ranges up to 65 years, depending on the policy.  Income: A stable source of income is usually required to determine the appropriate sum assured and premium.  Medical History: You will need to disclose your medical history, as it is a key factor in determining your premium and eligibility. Basic Documents Required  Proof of Identity (POI): PAN Card, Aadhaar Card, Passport, or Voter ID.  Proof of Address (POA): Aadhaar Card, Passport, Voter ID, or Utility Bills.  Proof of Income: Salary slips, Form 16, or Income Tax Returns (ITR).  Medical Reports: In some cases, a medical examination report may be required. FAQs a. What is a nominee? • A nominee is the person you designate to receive the death benefit from your insurance policy in the event of your death. b. How is the premium calculated? • The premium is calculated based on several factors, including your age, gender, health, lifestyle, and the sum assured you choose. c. What is a Rider? • A rider is an additional benefit that you can add to your base life insurance policy for an extra premium, such as accidental death benefit or critical illness cover. d. Why should I buy life insurance? • Life insurance provides essential financial security for your family, ensuring that they are protected from financial hardship in your absence. Insurance Advisory Notice  Tre Sessanta Financial Services Private Limited is not registered with the Insurance Regulatory and Development Authority of India (IRDAI) and does not sell or market insurance products.  One of the company's directors, Ms. Shivali Shah, is an IRDAI-certified insurance advisor. You can work with her directly for insurance services.  The company is not responsible for any business you conduct with Ms. Shah in her individual capacity.  IRDAI Compliance & Website Policy  The website does not display or compare insurance products, nor does it collect or sell leads.  All information on the site is for educational purposes only, and the company doesn't guarantee its accuracy.  For insurance-related decisions, you should consult the official policy documents and seek independent advice.  Referral Partnership  Tre Sessanta is a referral partner for PB Partners (a brand of Policy bazaar Insurance Brokers Pvt. Ltd.).  You can register directly with PB Partners to become a certified PoSP (Point of Sales Person) to sell insurance products online and earn commissions.  Legal & Referral Disclaimer  Tre Sessanta does not act as an insurance intermediary, broker, or web aggregator.  All services related to becoming a PoSP, such as registration, training, and pay-outs, are handled solely by PB Partners.  PB Partners operates under its own IRDAI Composite Broker license. This document is primarily designed to clarify that while the company has a connection to an individual insurance advisor and a referral partnership with PB Partners, Tre Sessanta itself is not in the business of selling or brokering insurance. It strongly advises readers to use caution and do their own research before making any decisions. IRDAI Compliance Notice: Insurance is the subject matter of solicitation. Please read the sales brochure and policy documents carefully before concluding any sale. The information provided on this site is for general awareness and does not constitute advice or recommendation.