What's a Whole Life Insurance Plan?
A Whole Life Insurance Plan offers coverage for the insured's entire lifetime, not just a specific term. It provides a death benefit to your beneficiaries and often builds cash value over time that you can borrow against or withdraw when needed.
Secure your family’s future with a policy that lasts your entire life, Whole Life Insurance ensures financial stability.
Benefits
- Lifetime Coverage
- Cash Value Growth
- Guaranteed Death Benefit: Ensures financial support for your family after you’re gone.
- Tax Advantages: Enjoy tax savings on premiums and tax-free death benefits.
Why Choose DeepPriya for Whole Life Insurance?
- Lifelong Security: Coverage that never expires as long as premiums are paid
- Wealth Accumulation: Cash value that grows over time
- Customizable Options: Add riders like critical illness or waiver of premium
- Trusted Guidance: Personalized support from expert advisors
- Easy Access: All insurance services on one reliable platform
FAQs for Whole Life Insurance
It lasts your entire lifetime, unlike term insurance which covers a fixed period.
The death benefit is usually tax-free under Section 10(10D), and premiums are eligible under 80C.