Life insurance savings and investment plans
Life cover combined with steady savings for goals like a child’s education or retirement.
- Plans for education, marriage and retirement goals
- Clear explanation of returns and lock-in
- No pressure: we explain, you decide
Who needs life & savings plans?
People who want to save regularly for a long-term goal while keeping their family protected. We explain how each plan works, including lock-in periods and surrender value, before you commit.
- Parents saving for a child’s education
- Earners planning retirement income
- People who prefer low-risk, disciplined saving
Types of cover
Endowment plans
Pay a lump sum at maturity, or to the family if you are not there.
Money-back plans
Pay out part of the amount at regular intervals.
Child plans
Keep your child’s goal on track even if you are not there.
Pension / annuity plans
Create a regular income after retirement.
What is covered, and what is not
Every policy has limits. We explain them upfront so there are no surprises at claim time. Exact cover depends on the insurer and plan you choose.
Usually covered
- Life cover during the policy term
- Maturity benefit as per the plan
- Premium waiver on death in many child plans
Usually not covered
- Returns are as per the plan terms; market-linked plans carry investment risk
- Early surrender can mean receiving less than premiums paid
We compare savings plans plans from
- Tata AIA Life Insurance
- HDFC Life Insurance
Life & Savings Plans: frequently asked questions
Will you promise me a fixed return?
We only explain what the insurer’s plan document states. Guaranteed returns apply only where the policy clearly guarantees them, and we will show you exactly where.
Related insurance
Family health
One plan, one renewal date and one sum insured shared by your whole family.
Family Health Insurance
- Cover spouse and children in one plan
- Lower premium than separate policies
- Add parents with a separate plan to protect the family cover
Talk to an advisor about life & savings plans
Get a free comparison from leading insurers, explained in plain language. Online or at our Sonipat office.
Or call 99996 68013 · Monday to Saturday, 10:00 AM to 6:00 PM