Sentences with phrase «term protection cum»
Life Insurance policies issued in India come with added tax benefits that make these policies a cost - effective long - term protection cum investment option.
http://www.indusind.com/ Not exact matches
Child Plans: A Child Plan is revered as a long - term investment cum protection tool that induces parents to save systematically so that they can provide their children with financial aid, when they are ready to embark on a new phase of life, be it higher education, career, or marriage.
Where, ULIP is an investment - cum - insurance plan, a term insurance is a pure protection plan.
LIC's Single Premium Endowment Plan is a non-linked, participating savings cum protection plan that provides a lump sum payout at the maturity of the policy term.
It is a long term investment cum protection plan for an individual.