Life Insurance

Mahalaxmi Investment provide services in all Life Insurance Plan in India.
Why Life Insurance ? All of us face the following risk:
• Dying too soon
• Living too long
Life Insurance? is a contract between an insurer and a policyholder in which the insurer guarantees payment of a death benefit to named beneficiaries when the insured dies. The insurance company promises a death benefit in exchange for premiums paid by the policyholder.
Term Plan is most popular insurance plan, where as insurer get a high Risk Cover by paying low premium compare to other traditional plans. Unlike most types of permanent insurance, term insurance has no cash value. In other words, the only value is the guaranteed death benefit from the policy.
Human LIFE VALUE (HLV)? is how much sum insurance a insurer need to cover for him/her in present and future safety of family/dependents. It is very simple to calculate, in layman language just multiply your monthly income with 200 and add loan amount with this. But it is depend on your annual growth income also.