In view of the increasing participation of women in the progress of the country, almost all insurance companies have introduced women-centric products.
Whatever be the insurance policy, its only purpose is to make our and our loved ones’ future better and safer. But it is also true that one insurance policy cannot meet everyone’s needs. Because needs and responsibilities differ from person to person. If we talk about women, then this thing becomes even more important.
In today’s increasingly globalized India, women are breaking out of the confines of being housewives and achieving new heights in professional life. Keeping this in mind, looking at the needs of women, insurance companies have introduced dozens of insurance products. India TV Paisa team has today brought information about such a policy for its female readers, with the help of which women will become self-reliant and their future financial security will also be ensured.
Which companies have policies for women
In view of the increasing participation of women in the progress of the country, almost all insurance companies have introduced women-centric products. In these companies, government insurance company LIC, ICICI Pru Life, HDFC Life, Aegon Religare, Bajaj Aviva Life Insurance, Birla Sun Life and many other companies have introduced insurance policies for women customers. About 28 percent of LIC’s total customers are women insured. This shows how conscious women are about their economic strength.
What is special about women insurance
All the risk cover related to women have been included in the insurance policy prepared by focusing on women customers. These include life cover as well as cover related to diseases. These include common or serious diseases. Pregnancy cover has also been included in the insurance policy for women. Along with this, in view of their future financial security, premium exemption has been provided for women in the pension plan. Many companies have made such an arrangement that if a woman opts for a family policy for the whole family, then she will be given a higher premium discount.
There are also special plans for single women
Keeping in mind the future financial security for women leading a lonely life, many insurance companies have also introduced future protection plans. This plan can also prove to be good for those women who have the responsibility of maintaining their parents or parents-in-law on their shoulders.
Special policy for raising children
Keeping in mind the safety of the children and their education, many companies have launched such plans in which after a certain period the woman gets such amount through which she can get a good amount for the education of her child. Life Insurance Corporation has also introduced some policies for women under group policy. These include insurance policy for Anganwadi group as well.
what kind of policy to buy
Insurance companies have brought out policies related to women, but while taking the policy, if you feel that there is any other policy better than the Women’s Special Policy, then you can buy that too, but the discount in premium that is available on the Women’s Special Policy is normal. Not available on policy. While buying its policy, keep in mind that whether the policy you are taking will be able to meet your needs when needed or not. Suppose you have bought a policy keeping in mind the higher education of the child and you need money after 15 years but the policy matures in 18 years, then you will not be able to meet your needs. That’s why you must keep in mind the age, time and requirement while choosing the policy.
