Life Insurance

Enquiry / Book Now

Life Insurance Plans

Instassure Insurance Solution Ltd. helps you secure your family’s future with trusted life insurance solutions. Ensure financial protection and peace of mind for your loved ones, no matter what life brings.

What is Life Insurance?

Life insurance is a financial agreement where you pay a fixed premium to an insurance provider. In return, your nominee receives a guaranteed amount in case of your unfortunate demise. It acts as a strong financial backup for your family.

It helps cover:

Income replacement for family
Loan and debt repayment
Daily household expenses
Children’s education & future planning
Emergency financial needs

Key Benefits of Life Insurance

Financial Security

Protects your family’s financial future in your absence.

Loan Protection

Covers outstanding loans like home or personal loans.

Wealth Creation

Helps build savings and long-term financial growth.

Retirement Planning

Ensures a steady income after retirement.

Inflation Protection

Keeps your financial value secure over time.

Lower Premium Advantage

Early purchase means lower premium and better coverage.

Manipal Signa Health Insurance:

INR 4500

HDFC Ergo General Insurance:

INR 2500

Bharti AXA Insurance:

INR 2000

Benefits of Buying Life Insurance

Key advantages of choosing life insurance for your financial security

01. Financial Security

Ensures your family remains financially secure in case of unexpected situations.

02. Death Benefit

Provides a guaranteed payout to your nominee along with bonuses if applicable.

03. Tax Benefits

Enjoy tax savings under applicable laws on premiums and maturity benefits.

04. Riders Add-ons

Enhance your policy with additional covers like critical illness or disability.

05. Guaranteed Returns

Certain plans offer assured returns to meet long-term financial goals.

06. Maturity Benefits

Receive maturity benefits at the end of the policy term as per plan features.

Tax Benefits of Life Insurance in India

Life insurance not only protects your family but also helps you save taxes under the Income Tax Act, 1961.

Section 80C

Premiums paid towards life insurance are eligible for tax deduction up to ?1.5 lakh per year.

Section 10(10D)

Maturity amount, bonuses, and death benefits are tax-free under conditions defined by law.

Exempt Benefits Include:

Maturity amount
Survival benefits
Bonus received
Death benefits (always tax-free)

Conditions Where Tax May Apply:

Premium exceeds allowed percentage of sum assured
ULIP premium exceeds ?2.5 lakh annually
Policy surrendered early

Important Rules:

Premium ≤ 10% of sum assured (after April 2012)
Premium ≤ 20% (before April 2012)
15% limit for specific health conditions

Documents Required for Life Insurance

To purchase a life insurance policy smoothly, you need to provide the following documents.

KYC Documents

Aadhaar Card and PAN Card (mandatory), Driving License or any government-approved identity proof.

Address Proof

Documents like Passport, Aadhaar Card, or Driving License to verify your address.

Income Proof

Salary slips, bank statements, or Income Tax Returns (ITR) to assess your financial eligibility.

Medical Reports

Required only if you have existing health conditions or based on insurer requirements.

Note: Medical reports are usually not required for basic or savings plans unless specified by the insurer.

Menu