Are you looking for a life insurance company? Trust only BSLI

Birla Sun Life Insurance’s plans offer varied and all-encompassing benefits to customers.

The only constant in life is change. We plan a certain path for our lives – we get a good education, get employed, work hard for our families, make a large amount of money and retire in style. But how often does life follow this script? There have been numerous instances of life changing in one instant – one minute a person may be hale and hearty, and the next moment he may stare at untold sadness.

Thus, it is clear that life is highly unpredictable. It can alter the entire course of our existence in the blink of an eye. But while you may bear any and every hardship with fortitude, what about your loved ones? Will they be able to stand up to financial problems in your absence? Will your absence insulate them from the pitfalls arising from a loss of income?

If you fear such a fate for your loved ones, the solution is obvious: taking a good life insurance plan that covers you and your loved ones.

Selecting the best life insurance policy in India

For all intents and purposes, the life plan you choose depends on your future requirements and must be adjusted for future inflation. The sum assured must be more than adequate to meet your needs, while the insurer you choose must have an impeccable reputation and an excellent track record in settling claims quickly.

We recommend zeroing in on Birla Sun Life Insurance (BSLI) for your life insurance needs. Not only is the company a trusted partner in the insurance space with the reputation of featuring amongst the premier life insurance companies in India, it also offers an array of excellent insurance options that take a gamut of eventualities into account. Besides, BSLI offers customers the chance to create savings, make sound investments and get excellent returns while also receiving life coverage. BSLI’s life insurance plans are covered under:

1. Protection: These comprise a range of excellent term plans to protect your family’s future.
2. Savings with Protection: These offer the component of financial protection as also the opportunity to create a large savings corpus for the future.
3. Children’s Future: These comprise child insurance plans that ensure the fruition of your children’s many dreams.
4. Retirement: Pension and annuity plans are featured in this category, nudging customers towards planning their retirement in a systematic manner.
5. Health and Wellness: BSLI offers exceptional health insurance plans that also provide valuable riders for critical illness and a host of mediclaim benefits.
6. Wealth with Protection: BSLI offers tangible solutions for wealth creation by providing instruments for investment while offering valuable life coverage and steady returns.

Is Buying an Online Term Plan the Right Decision for You?

You can buy anything online today, be it your shoes, your kitchen appliances and much more. So, why should insurance policies stay behind? With the comfort and low prices of premium online term plan does seem like a lucrative option. But is it for everyone? Here are top things you must consider before buying a life insurance policy online!

Are You Ready for an Online Insurance?

·         Lone Ranger: The most obvious difference between buying an insurance plan online and offline is the absence or presence of the agent. In case of the former, there is no agent and you are in direct contact with the company through their online interface. While this will eliminate the commission you had to pay otherwise, it will also give you greater control on decision making on every aspect of the policy.

·         Sound Financial Knowledge: The biggest advantage of online term insurance is that all the information is on your fingertips. You are no longer dependent on the whims of an agent or their personal interest to learn the financial nitty-gritties. You can check out even the minutest details of any plan on the company’s website before choosing a plan. You can read about the features, terms and conditions and make an informed decision without being swayed by an agent who is more interested in his commission than your long term security.

·         In Time of Need: In the event of the death of the policy holder, the claim and settlement must be carried out to secure the sum assured. This task, in offline policies, is undertaken by the agent who is the underwriter. But in case of online policies, the onus comes upon the policy holder's nominee, who will then have to coordinate with the customer support of the insurer. The good news is that the process has become immensely simplified and convenient so that even a novice at the internet can navigate through the claim settlement process.

·         Be Safe from Scams: With online transactions, you are dealing directly with the insurance provider. They usually ensure that their website is secure and all monetary transactions are absolutely safe. You no longer have to worry whether the agent who rang your doorbell is a fraud, who will scam you of a large amount of money.

·         Cheaper Policies: The online mode also offers lower premiums. This is because what the insurer saves in terms of overheads is passed on as discounts to the customer.

If you were convinced by the above points, then you consider an insurer like Bharti AXA, which offers varied online term plans. Not only will it save your money but also be a convenient option.