Life Insurance in Pune

Why Life Insurance is Important in Pune

Life insurance in Pune is an important part of financial planning for individuals and families who want to protect their loved ones’ financial future. A trusted Life Insurance Advisor can help you choose the right coverage based on your income, liabilities, and long-term goals. Life insurance provides peace of mind by ensuring your loved ones remain financially secure during difficult times. For more information about insurance regulations and consumer protection, visit IRDAI (Insurance Regulatory and Development Authority of India).

Life Insurance & Family Protection Planning

Term Insurance in Pune

Term Insurance Benefits

Term insurance is one of the most affordable and effective options for Life Insurance in Pune, especially for individuals looking for high life cover at a reasonable premium. A qualified Life Insurance Advisor can help you select suitable coverage based on your income, liabilities and family responsibilities. Term insurance provides financial support to your family, helps cover outstanding loans and keeps important future financial goals on track.You can also learn more through Insurance Awareness by IRDAI’s Insurance Awareness.

JEEVAN AMAR (955)

LIC’s New Jeevan Amar is a Non-Linked, Non-participating, Individual, Pure Risk Premium Life Insurance Plan, which provides financial protection to the insured’s family in case of his/her unfortunate death during the policy term.

This Plan can be purchased Offline through Licensed agents, Corporate agents, Brokers and Insurance Marketing Firms.

JEEVAN KIRAN (870)

LIC’s Jeevan Kiran is a Non-Linked, Non-Participating, Individual, Savings, Life Insurance plan which offers a combination of protection and savings. This plan provides financial support to the family in case of unfortunate death of the life assured during the policy term and returns the total premiums paid* in case of survival till maturity.

This is a non-participating product under which benefits payable on death or maturity are guaranteed and fixed irrespective of actual experience. Hence the policy is not entitled to any discretionary benefits like bonus etc. or share in Surplus.

Whole Life Plan

Income Replacement Planning

Income replacement planning is an important part of Life Insurance in Pune for families who want to maintain their lifestyle and meet daily expenses even if the primary earning member is no longer around. A professional Life Insurance Advisor assesses your financial responsibilities and recommends suitable coverage to replace future income and safeguard your family’s financial well-being.

JEEVAN UMANG( 945)

LIC’s Jeevan Umang is a non-linked, participating, individual, whole life assurance plan which offers a combination of income and protection to your family. This plan provides for annual survival benefits from the end of the premium paying term ll maturity and a lump sum payment at the me of maturity or on death of the policyholder during the policy term.
In addition, this plan also takes care of liquidity needs through loan facility.

JEEVAN UTSAV (871)

LIC’s Jeevan Utsav is a Non-Linked, Non-Participating, Individual, Savings, Whole Life Insurance plan. This plan provides financial support to family in case of unfortunate death of Life Assured and survival benefits in the form of Regular Income Benefit or Flexi Income Benefit as per the option chosen for surviving policyholder.

LIC’s Jeevan Utsav is a non- participating product under which benefits
payable on death or survival are guaranteed and fixed irrespective of actual experience. Hence the policy is not entitled to discretionary benefits like bonus etc. or share in Surplus.

Child Education Plan

Family Life Insurance & Financial Security

Life insurance acts as a financial safety net for your loved ones by helping them manage household expenses, children’s education costs, and future financial commitments. Working with an experienced Life Insurance Advisor allows you to build a comprehensive protection plan that secures your family’s future and reduces financial uncertainty.Choosing suitable Life Insurance in Pune can help families create long-term financial protection for income replacement, children’s education, outstanding liabilities and future financial goals.

JEEVAN TARUN (934)

LIC’s JEEVAN TARUN is a Non-linked, Participating, Individual, Life Assurance savings plan for children which offers an attractive combination of protection and saving features. This plan is specially designed to meet the educational and other needs of growing children through annual Survival Benefit payments from ages 20 to 24 years an
Maturity Benefit at the age of 25 years.

Pension Plans in pune

JEEVAN DHARA II (872)

LIC of India has introduced Jeevan Dhara-2 plan 872, a new individual, savings, deferred annuity (pension) plan. LIC Jeevan Dhara-2 Plan 872 is available for sale from 22nd, January 2024. The annuity is guaranteed from inception and 11 annuity options are available to prospective policyholders. There is higher annuity rates at higher ages and life cover will be available during the deferment period.

The minimum age at entry should be 20 years (last birthday) and maximum 80, 70, 65 years minus the deferment period depending upon the annuity option chosen. There is flexibility to choose from, including regular and single premium; single life and joint life annuity; and available deferment period.

JEEVAN AKSHAY VII (857)

This is an Immediate Annuity plan wherein the Policyholder has an option to choose type of annuity from 10 available options on payment of a lump sum amount.

The annuity rates are guaranteed at the inception of the policy and annuities are payable throughout the life time of Annuitant(s).
This plan can be purchased offline as well as online.

NEW JEEVAN SHANTI (858)

LIC’s New Jeevan Shanti is an Annuity plan which has option of purchasing Deferred annuity and can be purchased only by paying a lump sum amount. The plan provides for annuity payments of a stated amount throughout the life time of the annuitant.

LIC PENSION PLUS PLAN

LIC’s New Pension Plus is a Unit Linked, Non-Participating, Individual Pension plan which helps to build corpus by systematic and disciplined savings which can be converted into regular income. The plan can be purchased either as Single Premium or Regular Premium payment frequency.
You can buy this plan Offline (through an intermediary) as
well as Online.

FAQ's

What is Life Insurance?

Life insurance is a financial product that provides a lump-sum benefit to your nominee in case of your unfortunate demise during the policy term.

Why is Term Insurance important?

Term insurance provides substantial life coverage at affordable premiums, ensuring financial protection for your family.

How much life insurance coverage should I have?

Coverage should ideally be based on your income, liabilities, future goals, and family responsibilities.

Can Life Insurance help with financial planning?

Yes, life insurance is an important component of a comprehensive financial plan and helps protect your family’s future.

When should I buy Life Insurance?

The earlier you buy life insurance, the lower the premium is likely to be, making it more affordable and beneficial in the long run.

JSK – Trusted Life Insurance Advisor in Pune

If you are looking for Life Insurance in Pune, JSK provides professional guidance to individuals and families in choosing suitable life insurance coverage based on income, responsibilities, financial goals and long-term protection needs. Our Life Insurance Advisor and Life Insurance Consultant in Pune services include personalised policy recommendations, term insurance planning, income protection strategies, and family financial security planning.

Whether you are looking for comprehensive life cover, affordable term insurance, or long-term protection for your loved ones, our experienced Life Insurance Advisor team provides customized guidance based on your financial goals, responsibilities, and risk profile, ensuring complete peace of mind and financial stability for your family.
Protecting your family’s future requires a balanced financial plan that includes both insurance and investments. Along with life insurance, you may explore our Mutual Fund Services for wealth creation, Equity Investment Services for long-term growth, and Health Insurance Services for comprehensive medical protection. Learn more about our experience on the About Us page.

Life Insurance Advisor