Submitted by: Andrewsmith John

Life Insurance as known to all of us provides protection to your family and your loved ones in case of any financial risk, untimely death, accident or any unfortunate loss you can think of.Insurance in other terms can also prove to be an option for savings through its different forms wherein you need to save or invest a part of your income to secure your future. Financial advisor understand different needs of different individuals or situations may demand. We take pride in the expertise that our team at has acquired in customizing needs of our wide range of clientele, thus enhancing our capabilities to provide accurate, hassle free and timely solutions to people.

Different types of Life Covers:

Assurance : The most dreadful event in an individual s life can be the untimely death of a family member who unfortunately happens to be the sole bread winner of the family.In case of such an unfateful event this type of cover provides you with a lump sum amount which further can be utilised to deal with dues, debts, loans, expenses or mortgages if any.

Income protection : This type of cover provides the policy holder against any loss of income when he/she is unable to work.This cover can be claimed once the policy holder seems to be off work for over a period of 4 weeks.Beneficiaries can claim their monthly income till they return to work or till death or till the term period ends.

Insurance in other terms can also prove to be an option for savings through its different forms wherein you need to save or invest a part of your income to secure your future. Financial advisor understand different needs of different individuals or situations may demand. We take pride in the expertise that our team at has acquired in customizing needs of our wide range of clientele, thus enhancing our capabilities to provide accurate, hassle free and timely solutions to people.

Key man cover : This type of cover aims especially at the business class as such a cover would help them to easily avail loans from banks if they have a proper cover and thus plays a vital role. Every financial solutions provides you with appropriate solutions for people needing such covers

Critical illness cover : A little different from term assurance critical illness cover provides you coverage against various ailments such as Cardiac arrests( heart attacks), Cancer and many similar critical illnesses named in the policy.Such covers also help to deal with regular medical bills and thus proves to be a saviour.

This type of cover provides the policy holder against any loss of income when he/she is unable to work.This cover can be claimed once the policy holder seems to be off work for over a period of 4 weeks.Beneficiaries can claim their monthly income till they return to work or till death or till the term period ends.

Whole of life plans : These covers may seem similar to the term assurance covers. The only factor that they vary in is they have a particular lock-in time for which you cannot claim for your funds.But again helps the policy holders to save lump sum for their future needs and security.

About the Author: Andrewsmith is the author of this article on

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