Life Insurance

Life insurance is one of the most important financial tools to protect your family’s future. Unexpected situations can arise at any time, but with the right life insurance plan, your loved ones can stay financially secure even in your absence. Life insurance is a contract between you and the insurance company where you pay a fixed premium, and the insurer provides a financial payout to your nominee in case of an unfortunate event. Many plans offer maturity benefits, savings options, investment growth, and retirement income. 

A well-planned policy supports family protection, children’s education, home buying goals, retirement planning, and wealth creation, ensuring financial security for your family. At Vitara Capital, we guide you in choosing the right plan that provides strong protection, matches your long-term goals, and helps you build a safe and stable future.

Types of Life Insurance Plans

Term Insurance Plan

This is the simplest and most affordable form of life insurance, offering a high sum assured at a very low premium. It provides strong financial protection to your family by paying the full amount to the nominee if the policyholder passes away during the policy term.

Whole Life Insurance

The whole life insurance plan covers you up to the age of 100 years and ensures long-term financial security for your loved ones. It also offers maturity benefits if the policyholder survives the full policy term.

Endowment Insurance 

This plan gives you life protection and helps you save money regularly to meet your future financial goals. A lump sum amount is paid either upon maturity or to the nominee in the event of an unfortunate occurrence.

Child Insurance Plan

These plans are created to secure a child’s important milestones, such as higher education and marriage. They provide financial protection along with long-term savings to support your child’s future needs.

Retirement/Pension Insurance

This is built to support life after work; these plans help you create a steady income source after retirement. They ensure financial independence and peace of mind during your later years.

ULIP (Unit Linked Insurance)

Along with life insurance protection, your money is invested in the market to build wealth over time and secure your family’s future.

Money-Back Insurance

Regular payouts are provided at fixed intervals during the policy term, helping you meet ongoing expenses and planned goals. Along with returns, these plans continue to offer life insurance protection.

Group Life Insurance

Companies often give these plans to their employees to provide life insurance coverage. They give financial support to the employee’s family if something unfortunate happens.