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Buy Life Insurance Policy & Plans to become financially independent & live your life on your own terms. Choose from a range of life insurance plans online from HDFC Life that suits your needs.
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What is a Life Insurance Policy? A life insurance policy constitutes a contractual agreement between an insurer and a policyholder. In this agreement, the insurer commits to paying a pre-established amount in exchange for the policyholder's payment of insurance premiums. The specific amount is contingent upon the terms and conditions outlined in the policy. The payout is made either upon the policy's maturity or as a death benefit in the event of an unforeseen circumstance.
Why it is important to buy a Life Insurance Policy? A life insurance policy helps you get life cover for yourself and makes sure your immediate family has some financial support in the event of your death. It also helps to finance your children's education and other requirements. A life insurance policy can also help you to save for the future so that you have a continuous source of income after you retire. It can help save your business, pay off debts and ensure that you are ready to meet any unforeseen contingencies in life.
Who can buy a Life Insurance Policy? Who can buy a Life Insurance Policy? Life Insurance Policy can be brought by any person who wants to secure his family financially if there’s any mishap. It is essential for everyone and even more critical if you are the sole breadwinner. Apart from that, life insurance can also be taken for children to secure their future earning potential.
