Life Insurance

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Life insurance offers a spectrum of coverage options to safeguard and mitigate risks.

Life insurance provides financial security, with the main types being term insurance (affordable, fixed-term coverage) and permanent insurance (lifelong coverage with savings components).

  • Term Life Insurance: Provides pure protection for a specific period, typically offering the highest death benefit at the lowest cost, without any savings component.
  • Whole Life Insurance: A type of permanent insurance that covers you for your entire life, featuring fixed premiums and a guaranteed death benefit along with cash value accumulation.
  • Universal Life Insurance: Permanent insurance with flexible premiums and death benefits, often allowing policyholders to adjust their coverage over time.

Investment-Oriented Life Insurance 

  • Unit Linked Insurance Plans (ULIPs): Combine insurance with market-linked investment opportunities, allowing you to invest in stocks or bonds while having life cover.
  • Endowment Plans: Combine insurance with a savings component, providing a lump sum payment if the insured survives the policy term (survival benefit) or upon death.
  • Money Back Plans: A type of endowment plan that provides a percentage of the sum assured at regular intervals during the policy term.

Specialized Life Insurance

  • Child Insurance Plans: Designed to secure a child’s future milestones (like education) by providing payouts, often with premium waivers if the parent passes away.
  • Retirement/Annuity Plans: Focused on building a pension corpus to provide regular income after retirement.
  • Group Life Insurance: Policies offered by employers or organizations that cover a group of people, generally featuring lower premiums.
  • Final Expense/Simplified Issue: A smaller policy tailored to cover funeral and burial costs.

AlterGlobe Partners Pvt. Ltd. is an AMFI Registered Mutual Fund Distributor. ARN - 341247


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Disclaimer: Mutual Fund investments are subject to market risks, read all scheme related documents carefully. The NAVs of the schemes may go up or down depending upon the factors and forces affecting the securities market including the fluctuations in the interest rates. The past performance of the mutual funds is not necessarily indicative of future performance of the schemes. The Mutual Fund is not guaranteeing or assuring any dividend under any of the schemes and the same is subject to the availability and adequacy distributable surplus.

AlterGlobe Partners Pvt Ltd makes no warranties or representations, express or implied, on products offered through the platform of AlterGlobe Partners Pvt Ltd. It accepts no liability for any damages or losses, however, caused, in connection with the use of, or on the reliance of its product or related services. Terms and conditions of the website are applicable. Investments in Securities markets are subject to market risks, read all the related documents carefully before investing.

ARN - 341247