close
To track your progress

WhatsApp
lug

menu icon
Back
Exit Guide

What are different kinds of Life Insurance?

Different kinds of Life Insurance are-

Term Life Insurance

Term Life Insurance

Whole Life Insurance

Whole Life Insurance

Can you recall who a Nominee is? And a Beneficiary?

Go to our Glossary section to refresh your memory!

Endowment Plans

Endowment Plans

Unit Linked Insurance Plans

Unit Linked Insurance Plans

Child Plans

Child Plans

Pension Plans

Pension Plans

Group Life Insurance Plans

Group Life Insurance Plans

Credit Life Insurance Policy

Credit Life Insurance Policy
Points to remember:

Points to remember:

  • Icon

    Term Life Insurance: These are for a set period of time or term. For a low premium, you get a high payout in the event of death.

  • Icon

    Whole Life Insurance: This policy covers us for our entire life

  • Icon

    Endowment Plans: In case of unexpected death of policyholder, Death Benefits are given.

  • Icon

    Unit Linked Insurance Plans (ULIP): It is both an investment and insurance plan.

Quiz

Test your knowledge with a Small Quiz

Start

To learn about the best way to choose a life insurance policy, keep reading

Next Chapter