Life insurance is a financial safety net that provides money to your family or nominee if something happens to you. It helps cover living expenses, debts, and future goals.
The common ones are term insurance, whole life plans, ULIPs, endowment plans, and money-back policies.
Look at your income, dependents, long-term goals, and the coverage you need. Finkeda lets you compare benefits, premiums, and claims data so you can pick what makes sense for you.
Yes. Most life insurance plans offer tax benefits under the Income Tax Act, depending on the policy type and premium amount.
Anyone within the insurer’s age limit—usually 18 to 65. The exact range depends on the plan.
It’s the amount you pay to keep your policy active. You can pay yearly, half-yearly, quarterly, or monthly.
Term insurance. It gives high coverage at the lowest premium.
You usually get a grace period. If you don’t pay within that time, the policy may lapse and benefits stop until you revive it.
Yes. Finkeda supports UPI, cards, net banking, and digital wallets for premium payments.
Yes. Policy availability depends on the insurer’s age limits, and you can check the options directly on the platform.
You’ll need ID proof, address proof, age proof, a recent photo, and medical details if required by the insurer.