Insurance Plan

Tax Benefit U/S 80C and 10(10D)*

1 Crore life cover at ₹490/month*

Bajaj Life - Smart Protect Goal
  • Bajaj Allianz Life smart protect goal
  • Rs. 1 Crore Cover Rs. 18 per day
  • 55 critical illnesses covered
  • Child education cover
  • Return of premium option
  • Whole life cover
  • Accidental Death Benefit, Accidental Total Permanent Disability Benefit
HDFC Life - Click2 Protect Life
  • Option to choose a cover which fits your needs from 3 plan options
  • Option to avail cover for Whole of Life*
  • Get income payouts from age 60 onwards under Income Plus Option
  • Auto balances Death and Critical Illness benefits with increasing age
  • Return of Premium option*
  • Waiver of Premium on diagnosis of Critical Illness (through WOP CI option)
ICICI Life - iProtect Smart
  • Covers Covid-19 claims
  • Large cover at affordable rates
  • High claim settlement ratio of 97.8%
  • 34 critical illnesses benefit option
  • Accidental Death Cover Option*
  • In-Built Permanent Disability Waiver* (Free)

* Disclaimer: The benefits outlined are generic and may vary depending on your age, risk profile and other applicable factors.

Tax Benefit U/S 80C and 10(10D)

Lock upto 6%* Tax-free Guaranteed Returns

It is a non-participating, non-linked, savings plan that offers guaranteed returns for you and your family.

HDFC Life Sanchay Plus
  • Guaranteed benefits – Rest assured of the returns
  • Flexibility – Guaranteed benefits as a lump sum or as regular income
  • Life Long Income option – Guaranteed Income till age 99 years
  • Tax benefits – You may be eligible for tax benefits as per prevailing tax laws - Section 80D and something else
HDFC Life Sanchay Par Advantage
  • Life cover with protection up to age 100 years
  • Choose between Immediate Income or Deferred Income options as per your needs
  • Flexibility to choose survival benefit payout date
  • Tax benefits as per Income Tax Act,1961.
ICICI Pru Guaranteed Income for Tomorrow
  • Guaranteed benefits in the form of lump sum or regular income to achieve your life goals
  • Option to receive guaranteed income from 2nd year onwards
  • Life insurance cover for financial security of your family
  • Tax benefits may be applicable on premiums paid and benefits received as per prevailing tax laws
ICICI Future Perfect
  • Savings with the comfort of guarantee
  • Flexibility in premium payment term
  • Security of your loved ones with potential for wealth creation and your Life Cover
ICICI Pru Lakshya Lifelong Income
  • Enjoy regular income till 99 years of age
  • Life cover till 99 years of age to secure your family’s future
  • Enjoy tax benefits on premiums paid and benefits received as per prevailing tax laws
Bajaj POS Goal Suraksha Plan
  • Guaranteed maturity benefit
  • Offers Guaranteed Additions at maturity
  • Limited premium payment term
  • Option to take policy loan
  • Option to alter premium payment mode
Guaranteed Income Goal
  • Get Guaranteed Increasing Income*
  • Option to Extend Life Cover beyond Policy Term
  • Tax Benefit u/s 80C & 10 (10D)
  • Choice of 2 variants, Income benefit and Lump-sum benefit
Flexi Income Goal
  • Flexibility to accumulate or receive Survival Benefits
  • Option to receive Cash Bonus from first month
  • Equity exposure up to 40%
  • 250% of Sum Assured as Guaranteed Benefit
  • Write the participating line here

* Disclaimer: The benefits outlined are generic and may vary depending on your age, risk profile and other applicable factors.

Tax Benefit U/S 80D. Affordable plans starting at Rs. 300/month*

HDFC Ergo
  • 10,000+ Cashless Hospitals **

  • 20 Minutes Cashless Claims approved **

  • 1.5 Crore+ Happy Customers
ICICI Lombard-
  • 6500+ Cashless hospitals **

  • 24x7 customer support

  • Quick claim intimation through the IL Take Care app
Bajaj Allianz
  • Cashless treatment at 6500 + network hospitals **

  • In-house health administration team

  • Claim settlement within 60 minutes

** Cashless treatments are subject to IRDA Rules. Certain item considered as Non-Medical Expenses are not allowed. Click here to see the list of non-medical expenses. IRDA List of non-medical expenses

* Disclaimer: The benefits outlined are generic and may vary depending on your age, risk profile and other applicable factors.

Affordable plans

HDFC Ergo
  • Premium starts at ₹2072

  • 7700+ Cashless Network Garages

  • Overnight car repair services

  • AI enabled motor claim settlement
ICICI Lombard
  • 4300+ cashless garages

  • Instant motor claims

  • Reliable customer support through call/chat/walk in at 273 branches
Bajaj Allianz
  • Awarded Best Motor Insurance by Money Today

  • On the spot claim disbursements

  • 24/7 spot road assistance

  • Self survey for hassle-free claim settlements

* Disclaimer: The benefits outlined are generic and may vary depending on your age, risk profile and other applicable factors.

Affordable plans

HDFC Ergo
  • Premium starts at ₹2072

  • 7700+ Cashless Network Garages

  • Overnight car repair services

  • AI enabled motor claim settlement
ICICI Lombard
  • 4300+ cashless garages

  • Instant motor claims

  • Reliable customer support through call/chat/walk in at 273 branches
Bajaj Allianz
  • Awarded Best Motor Insurance by Money Today

  • On the spot claim disbursements

  • 24/7 spot road assistance

  • Self survey for hassle-free claim settlements

* Disclaimer: The benefits outlined are generic and may vary depending on your age, risk profile and other applicable factors.

Why PL Insurance:
  • PL Wealth Pvt. Ltd. (Formerly PL Distribution Pvt. Ltd.) is a subsidiary of Prabhudas Lilladher Group - a leading Financial Service company since 1944. With a rich legacy of 75 years in providing financial solutions, PL brings empathy and deep understanding of your requirements.
  • PL Wealth Pvt. Ltd. is a licensed composite corporate agent of IRDA. We have partnered with top insurance companies to provide our clients with a host of insurance products at affordable cost.
  • We are here to assist you throughout the journey, from selecting the right insurance product to helping you with claim assistance.
FAQs

An insurance policy protects you against financial losses. As such, the policy becomes necessary. If you have a car or a bike, buying a motor insurance policy is mandatory as per law. Even in case of life insurance, the security given by a life insurance policy is unparalleled which makes the policy a must buy. When it comes to health insurance, one cannot ignore the high medical costs which are associated with a health ailment. Having a health insurance policy, therefore, makes sense to protect against the financial implication of any medical emergency.

Life insurance plans cover the risk of dying too early. Health insurance plans, on the other hand, cover the risk of medical contingencies. While life insurance plans pay a benefit in case of death or maturity, health insurance plans pay a benefit if the insured suffers a medical contingency which is covered by the plan.

Premium is the cost of insurance. It is the money which you undertake to pay to the insurance company in return for the coverage which the company provides.

Different insurance plans have a different coverage tenure. The tenures of various plans include the following -

Life insurance - 5 years to 35 years

Health insurance - 1 year to 3 years

Bike insurance - third party plans - 1 year to 5 years; comprehensive plans - 1 year to 3 years or 5 years

Car insurance - third party plans - 1 year to 3 years, comprehensive plans - 1 year or 3 years

You can buy insurance online or offline. The offline medium includes contacting the agent or distributor of insurance companies or visiting insurance companies physically to buy the policy. The online medium, on the other hand, is simpler. You can buy any type of insurance plan from the comfort of your home or office if you use the online mode. The policy can be bought from the website of the insurance company directly or from the website of an insurance broker or aggregator like us.

Insurance policies can be purchased online after comparing the different policies and then choosing the best one. After the policy is chosen you need to fill an online proposal form, submit the required documents and pay the premium online and the policy is issued.

There are a lot of insurance policies available in the market each of which satisfy similar needs and yet have different coverage benefits and premium rates. The best insurance policy which provides the best coverage features at the lowest premium rates can be found only when the different plans are compared with each other. That is why comparing is necessary before buying insurance policies.

A claim is said to occur when the insured event happens and the insurance company becomes liable to pay the compensation for the financial loss suffered by the insured.

Yes, insurance claims can be rejected due to various reasons. Some common ones include the following -

If the claim is for an instance which is excluded under the plan’s coverage

If the claim process is not properly followed

If the claim is made in a policy which is lapsed

If the claim related documents are not submitted to the insurance company

Premium is the cost of insurance. It is the money which you undertake to pay to the insurance company in return for the coverage which the company provides.

Insurance policies come with a specified tenure. When the tenure is over, the cover provided by the policy stops. To continue the coverage, the policy is required to be renewed. Thus, renewal of an insurance policy means continuing the coverage of the policy for an additional tenure by paying the required renewal premium to the insurance company.

Renewal of an insurance policy should be done within the policy expiry date (also called the policy due date). If it is done within the due date, the policy continues without a break in coverage.

If the insurance policy is not renewed within the due date, the policy cover would lapse as soon as the due date is over. When the policy lapses, the cover stops. If any claim is made in a lapsed policy, it is rejected as the coverage under the policy has stopped due to non-renewal.

Premiums can be paid through cash, cheque, debit cards, credit cards, net banking facilities and also mobile wallets.

Life insurance plans come in the following variants -

Term life plans

Endowment plans

Money back plans

Whole life plans

Child plans

Unit linked insurance plans

Pension plans

Click here to read more

In association with
IRDA
PL Wealth Pvt. Ltd. (Formerly PL Distribution Pvt. Ltd.)
is a Composite Agent with IRDA COR Number CA0375, valid up to 21-06-2025. Insurance is a subject matter of solicitation.