Savings Plan

Savings Plans are life insurance plans that offer the benefits of a life insurance cover and an option to invest. These plans help you secure yourself and your family and also help you create a corpus to meet your financial goals.

Regardless of the life stage you are at and what your financial goals are, investing in a savings plan that suits your needs is the right step towards a secure financial future.

Why Savings Plan ?
  • Most protection and savings plans usually offer you a fixed amount as Maturity Benefit when the policy ends.
  • Some specific plans also help you create a regular stream of income throughout your policy duration.
  • Policy holders can make premium payments on monthly, half-yearly, and on yearly basis.
  • All income received from Savings Plan is tax-free.
Who Should Buy?
  • If you are looking for a low-risk plan with the two-in-one benefit of insurance and investment, go for an savings plan.
  • If you are looking for lump sum maturity for long-term goals, an savings plan is suitable for you.
  • If you want to save small amounts of money over the long-term and get tax benefits, an savings plan is best for you.
  • If you want zero risks in an investment, savings plan is the one you should consider.
Useful Info
Saving plans have zero risk. As long as you pay premiums on time, all your benefits are safe.
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Guaranteed savings
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Benefits of savings and life cover
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The returns are tax-free
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No market risk
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Most Popular Plans
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ICICI Pru Lakshay
Comprehensive additional benefits with Option to choose Accidental Death Benefit and Accelerated Critical Illness Benefit
  • Enhanced protection with coverage against death, terminal illness and disability
  • Key benefits for women under Accelerated Illness Benefits
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Shriram Golden Premier Saver
Additional earnings through bonuses which are guaranteed to be at least 4% p.a. in the first 5 policy years
  • Life Cover throughout the policy term
  • Life cover extension till age 80; with Lumpsum payable on survival on payment of additional premium
  • Lumpsum or Income plus Lumpsum on maturity, as chosen
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Life Insurance Fortune Guarantee
Increase in cover at future milestone events in your life with Life Stage Plus Option, without the hassles of fresh medical underwriting*
  • Life Cover up to Age 85 or option for Whole Life coverage (till age 100 years)*
  • Inbuilt Payout Accelerator Benefit that advances 50% of Basic Sum Assured in event of a Terminal Illness diagnosis*