Life Insurance

We, the human beings and properties are exposed to different kinds of risks involving the losses. Insurance is a tool which reduces the cost of loss or effect of loss caused by variety of risks. It accumulates funds to meet individual losses. It can not prevent unwanted event of happening or cause of loss but protects them against that loss by compensating which as lost.

And hence, the role and importance of insurance has been well understood at large. Vanijya has a complete array of Insurance products in Life and General Insurance. Vanijya’s personalized consultancy and solution for risk management to hedge against the risks of contingent, uncertain losses gets you a better insurance solution than others.

Term Plan

A term plan is a type of life insurance that provides financial protection for a specific period, or “term.” If the insured person dies during the policy’s term, the beneficiary receives a predetermined death benefit. Term plans are generally considered a cost-effective way to secure your family’s financial future, as they focus solely on providing life coverage without any investment or savings component.

ULIP

A ULIP, or Unit Linked Insurance Plan, is a type of life insurance policy that combines investment and insurance benefits. It allows policyholders to invest a portion of their premium in market-linked funds while also providing life insurance coverage. The investment component allows for potential wealth growth, while the insurance component provides a death benefit to beneficiaries.

Guaranteed Return

A life insurance plan that provides a fixed rate of return on your investment, regardless of market fluctuations. These plans offer a guaranteed income stream, making them appealing to risk-averse investors. They combine life insurance coverage with a savings component, ensuring both financial protection for your family and a guaranteed return on your investment upon maturity.