What Is Life Insurance?
In simple terms, it is a financial product that pays you or your dependents a sum of money either after a set period or upon your death as the case may be.
Life is beautiful, but also uncertain. Whatever you do, however smart and hard you work, you are never sure what life has in store for you & therefore We at JK Investment come up with life insurance plans that are well crafted to cover all your insurance needs.
Why You Need Life Insurance Now?
2 Thumb Rules We Follow To Choose A Life Insurance Coverage For you
How Do You Get A Policy That Works For Your Needs?
With all of the life insurance options available, it may seem complicated to choose the right one, BUT we make it simple to choose the best option for you.
We listen to your objectives & purpose of your investment.
Based on that we decide between TERM life & PERMANENT life insurance.
TERM LIFE INSURANCE - If you need life insurance for a specific amount of time. For instance, if you want insurance to cover your working years as possible “income replacement” if you were no longer around. It is also a good choice if your budget is limited.
Key Benefits of Term Life Insurance
• Long term Protection
• Lower Premium rates
• High sum assured discounts
• Tax benefits
PERMANENT LIFE INSURANCE - A permanent life insurance policy will last for the duration of your life. If building cash value is important to you, look at permanent life insurance options.
There are 2 main types of PERMANENT INSURANCE
• Whole Life Insurance - The premium remains the same for life, the death benefit is guaranteed
• Universal Life Insurance – Provides flexible premiums and death benefits.
Why You Should Invest In Term Insurance Plan?
As there are many plans in life insurance but at JK investment we recommend going with term plans as it offers multiple benefits to customers.