Life insurance allows you to provide for your family, in the event of your not being there. It is not mandatory; but can you afford to NOT have it?

In its purest form, life insurance refers to term insurance. But there is a bewildering variety of life insurance plans out there, such as whole life plans, money back, and endowment plans. Not to mention the hugely popular unit-linked insurance plans (ULIP). All these plans vary through different parameters such as coverage, exclusions, riders, and cost.

• Ulip Vs Mutual Fund Calculator
  Compare returns on investment on your ULIP as well as mutual fund investments to find out which is the better option for you.
• Ulip Returns Calculator
  Use the calculator to assess returns on your ULIPs.
• Why does it not make sense to mix insurance with investment?
  This article explains why it is not a good idea to mix insurance with your investments. ......

• Should I continue my endowment plan?
  Use this calculator to find out if you should continue your endowment policy or invest the premium amount saved in other avenues.
• Do I need life insurance?
  Do you think you do not need a life insurance. Here's why you may want to rethink. ......
• Endowment Insurance Plans
  Endowment insurance plans provide life insurance cover for a specific period. The insured can get the sum assured plus any bonus or guaranteed additions that may accrue during the policy term.
  

• Should I continue my money back policy?
  Calculate to access whether it makes sense to continue paying the premiums towards the money back policy or surrender the policy, buy a simple term policy, and invest the surplus elsewhere.
• Money-back Life Insurance Plan
  Money-back plans provide cover for a specified period. During the term of the policy, the insured gets back fixed, tax-free proportions from the sum assured at specified intervals. ......