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Human life is subject to risks of death and disability due to natural and accidental causes. Life Insurance is a financial cover for a contingency linked with human life, like death, disability, accident etc. Life Insurance provides a definite amount of money in case the insured person dies during the term of the policy or becomes disabled on account of an accident.Life Insurance is needed:To ensure that your immediate family has some financial support in the event of your demise.To finance your children’s education and other needs.To have a savings plan for the future so that you have a constant source of income after retirement.To ensure that you have extra income when your earnings are reduced due to serious illness or accident.To provide for other financial contingencies and life style requirements.
Who needs Life Insurance?Primarily, anyone who has a family to support and is a bread earner needs a Life Insurance.
How much Life Insurance is needed:The amount of Life Insurance coverage you need will depend on many factors such as:How many dependants you have?What kind of lifestyle you want to provide for your familyHow much you need for your children’s education

Type of life Insurance:
Term Insurance:This type of life insurance policy is a contract between the insured and the life insurance company to pay to the nominee in the case of his/her death, after a certain period of time. These policies can be taken from 5 to 35 years.
Endowment Policy:In an endowment policy, periodic premiums are received by the insured person and a lump sum is received either on the death of the insured or once the policy period expires.
Money Back Life Insurance Policy:This policy offers the payment of partial survival benefits (money back), as is determined in the insurance contract, while the insured is still alive. In case the insured dies during the period of the policy, the beneficiary gets the full sum insured without the deduction of the money back amount given so far.

Type of Service Provider	Consulting Firm
Requirement Type	Corporate
Type of Service Contract	Retainer Based

A mutual fund is simply a financial intermediary that allows a group of investors to pool their money together with a predetermined investment objective. As you probably know, mutual funds have become extremely popular over the last 20 years. What was once just another obscure financial instrument is now a part of our daily lives. After all, it's common knowledge that investing in mutual funds is better than simply letting your cash waste away in a savings account.

Financial Services	Post Office saving schemes, Forex Services, Postal Life Insurance, Mutual Funds, Money Remittance Services
Segments	Retail Banking

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