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<!DOCTYPE html> <html lang="en"> <!-- Mirrored from www.mylamarena.com/vermun/ by HTTrack Website Copier/3.x [XR&CO'2014], Mon, 27 Nov 2017 10:07:08 GMT --> <head> <meta charset="utf-8"> <!-- Always force latest IE rendering engine (even in intranet) & Chrome Frame Remove this if you use the .htaccess --> <meta http-equiv="X-UA-Compatible" content="IE=edge,chrome=1"> <title>ABROL FIN PRO</title> <meta name="description" content=""> <meta name="author" content="Laze"> <meta name="viewport" content="width=device-width; initial-scale=1.0"> <!-- Replace favicon.ico & apple-touch-icon.png in the root of your domain and delete these references --> <link rel="shortcut icon" href="http://www.mylamarena.com/favicon.ico"> <link rel="apple-touch-icon" href="../apple-touch-icon.html"> <link rel="stylesheet" type="text/css" href="css/jquery.fancybox.css" /> <link rel="stylesheet" href="css/style_hero.css"> <!-- CSS reset --> <link rel="stylesheet" href="css/style.css"> <!-- Resource style --> 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href="css/style.css"> <link rel="stylesheet" type="text/css" href="css/responsive%20.css"> <!--[if lt IE 9]> <script src="http://html5shiv.googlecode.com/svn/trunk/html5.js"></script> <link rel="stylesheet" type="text/css" href="includes/video_gallery_ie.css" /> <![endif]--> <!-- testimonial1 slider css --> <link rel="stylesheet" type="text/css" href="css/slick.css"> <link rel="stylesheet" type="text/css" href="css/slick-theme.css"> <link rel="icon" href="images/favi.png" type="image/png"> </head> <body> <div class="top-line"> <div class="top-header"> <div class="container"> <div class="row"> <div class="col-md-8 col-sm-9"> <ul class="info"> <li> <a href="telto:+91 9811766111"><i class="fa fa-volume-control-phone" aria-hidden="true"></i> +91 9811766111</a> </li> <li> <a href="mailto:sanjeev@abrolfinpro.com"><i class="fa fa-envelope-o" aria-hidden="true"></i>sanjeev@abrolfinpro.com</a> </li> <li> <a href="login.html"><i class="fa fa-user" aria-hidden="true"></i>Login</a> </li> </ul> </div> <div class="col-md-4 col-sm-3"> <!-- <ul class="social-icons"> <li> <a href="" target="_blank" ><i class="fa fa-facebook" aria-hidden="true"></i></a> </li> <li> <a href="" target="_blank"><i class="fa fa-twitter" aria-hidden="true"></i></a> </li> <li> <a href="" target="_blank" ><i class="fa fa-linkedin" aria-hidden="true"></i></a> </li> </ul> --> </div> </div> </div> </div> </div> <!-- topline end here --> <!-- navbar start here --> <nav id="main-navigation-wrapper" class="navbar navbar-default finance-navbar"> <div class="navbar navbar-default" role="navigation"> <div class="container"> <div class="logo"> <a href="index.html"><img src="images/logo.png"></a> </div> <div class="navbar-header"> <button type="button" class="navbar-toggle menubutton" data-toggle="collapse" data-target=".navbar-collapse"> <span class="sr-only">Toggle navigation</span> <span class="icon-bar"></span> <span class="icon-bar"></span> <span class="icon-bar"></span> </button> </div> <div class="collapse navbar-collapse"> <ul class="nav navbar-nav"> <li><a href="index.html">Home</a></li> <li><a href="about.html">About Us</a></li> <li> <a href="#" class="dropdown-toggle" data-toggle="dropdown">Services <b class="caret"></b></a> <ul class="dropdown-menu"> <li><a href="finance.html">Financial Planning</a></li> <li><a href="wealth.html">Wealth Management</a></li> <li><a href="ins.html">Insurance Planning</a></li> <li><a href="tax.html">Tax Planning</a></li> <li><a href="retire.html">Retirement Planning</a></li> <li><a href="estate.html">Estate Planning</a></li> </ul> </li> <li class="active"> <a href="#" class="dropdown-toggle" data-toggle="dropdown">Products <b class="caret"></b></a> <ul class="dropdown-menu multi-level"> <li><a href="funds.html">Mutual Funds</a></li> <li><a href="life.html">Life Insurance</a></li> <li><a href="health.html">Health Insurance</a></li> <li><a href="general.html">General Insurance</a></li> <li class="dropdown-submenu"><a href="#">Other Products</a> <ul class="dropdown-menu"> <li><a href="pms.html">PMS</a></li> <li><a href="aif.html">AIF</a></li> <li><a href="bonds.html">Capital Gain Bonds</a></li> <li><a href="ncds.html">NCDs</a></li> <li><a href="fd.html">Corporate Fixed Deposits</a></li> <li><a href="landing.html">P2P Lending</a></li> <li><a href="security.html">Unlisted Equity </a></li> </ul> </li> </ul> </li> <li><a href="calculator.html" >Calculators</a></li> <li> <a href="#" class="dropdown-toggle" data-toggle="dropdown">Resources <b class="caret"></b></a> <ul class="dropdown-menu multi-level"> <li class="dropdown-submenu"><a href="#">Downloads</a> <ul class="dropdown-menu"> <li><a href="https://www.prudentcorporate.com/downloadapplicationform" target="_blank">Common Application Form </a></li> <li><a href="https://www.prudentcorporate.com/downloadfmpapplicationform-fmpapp" target="_blank">FMP Application Form</a></li> <li><a href="https://www.prudentcorporate.com/downloadnfoapplicationform-nfoapp" target="_blank">NFO Application Form</a></li> <li><a href="https://www.prudentcorporate.com/downloadfdapplicationform-fdapp" target="_blank">FD Application Form</a></li> <li><a href="https://www.prudentcorporate.com/kycform" target="_blank">KYC Form</a></li> <li><a href="https://www.prudentcorporate.com/downloadincometaxforms-itf" target="_blank">Income Tax Forms</a></li> <li><a href="https://www.prudentcorporate.com/downloadmfmultiplebankregistrationform-mfmbr" target="_blank">MF Multiple Bank Registration Form</a></li> <li><a href="https://www.prudentcorporate.com/downloadfatkaandotherform" target="_blank">FATCA & Other Declaration Forms</a></li> <li><a href="https://www.prudentcorporate.com/downloadtransactionslips-translip" target="_blank">Transaction Slips</a></li> </ul> </li> <li><a href="video.html">Educational Videos</a></li> </ul> </li> <li><a href="contact.html">Contact Us</a></li> </ul> </div><!--/.nav-collapse --> </div> </div> </nav> <!-- Header end --> <div class="background nomargin"> <img src="images/life.jpg"> <div class="title_banner"> <div class="animated fadeInLeft" style="color:#fff;">Life Insurance</div> </div> </div> <!-- Welcome section --> <section class="welcome"> <div class="container"> <div class="row"> <div class="col-md-12 about_us"> <h3 class="double-underline">Life Insurance</h3> <p>Life insurance is a contract between an insurance policy holder and an insurer, where the insurer promises to pay a designated beneficiary a sum of money (the benefit) in exchange for a premium, upon the death of an insured person (often the policy holder). Depending on the contract, other events such as terminal illness or critical illness can also trigger payment. The policy holder typically pays a premium, either regularly or as one lump sum.</p> <p><b>Life insurance products tend to fall into two major categories:</b></p> <h5>Protection policies</h5> <p>Designed to provide a benefit, typically a lump sum payment, in the event of a specified occurrence. A common form of a protection policy design is term insurance. Term insurance provides life insurance coverage for a specified term. The policy does not accumulate cash value. Term insurance is significantly less expensive than an equivalent traditional policy but will become higher with age. Policy holders can save to provide for increased term premiums or decrease insurance needs (by paying off debts or saving to provide for survivor needs).</p> <h5>Investment policies</h5> <p>The main objective of these policies is to facilitate the growth of capital by regular or single premiums. Common forms of such policies are whole life, money back, endowment, ULIP (Unit Linked Insurance Policy), Retirement Plans etc.</p> <p>According to the section 80C of the Income Tax Act, 1961 (of Indian penal code) premiums paid towards a valid life insurance policy can be exempted from the taxable income. The total amount that can be exempted from the taxable income for section 80C is capped at a maximum of INR 1,50,000. The exemptions are eligible for individuals (Indian citizens) or Hindu Undivided Family (HUF).</p> <h5>Life Insurance Riders</h5> <p> Many insurance companies offer policyholders the option to customize their policies to accommodate their personal needs. Riders are the most common way a policyholder may modify their plan. There are many riders, but availability depends on the provider.</p> <ul> <li><i class="fa fa-check-circle-o"></i>The <b>accidental death benefit</b> rider provides additional life insurance coverage in the event the insured's death is accidental.</li> <li><i class="fa fa-check-circle-o"></i>The <b>waiver of premium rider</b> ensures the waiving of premiums if the policyholder becomes disabled and unable to work. </li> <li><i class="fa fa-check-circle-o"></i>The disability income rider pays a monthly income in the event the policyholder becomes disabled.</li> </ul> <p>Upon diagnosis of terminal illness, the accelerated death benefit rider (ADB) allows the insured to collect a portion or all of the death benefit. Each policy is unique to the insured and insurer. Reviewing the policy document is necessary to understand coverage in force and if additional coverage is needed.</p> <h5>Human Life Value (HLV)</h5> <p>The human-life approach is a method of calculating the amount of life insurance a family will need that is based on the financial loss the family would incur if the insured person were to pass away today. It is usually calculated by taking into account a number of factors, including, but not limited to, the insured individual's age, planned retirement age, occupation, annual wage, employment benefits, as well as the personal and financial information of the spouse and/or dependent children.</p> <h5>Income Replacement or Needs approach</h5> <p>The needs approach is a function of two variables: (1) How much will be needed at death to meet obligations? (2) How much future income is needed to sustain the household. When calculating your expenses, it is best to overestimate your needs a little. If you underestimate, you might realize your mistake until it's too late.</p> </div> </div> </div> </section> <!-- Products section --> <!-- Footer section start here --> <footer class="main-footer"> <div class="container"> <div class="row"> <div class="col-md-6"> <div class="row"> <div class="col-md-8 social-icons"> <h3>About Us</h3> <p><b>ABROLFinPro</b> was founded by Sanjeev Abrol in 2017. Sanjeev is an AMFI certified Mutual Fund Distributor and an experienced senior banking professional with over 25 years of banking experience of working with Bank of America and HSBC.</p> </div> <div class="col-md-4 services"> <h3>Important Links</h3> <ul> <li> <a href="index.html">Home</a> </li> <li> <a href="about.html">About Us</a> </li> <li> <a href="login.html">User Login</a> </li> <li> <a href="contact.html">Contact us</a> </li> </ul> </div> </div> </div> <div class="col-md-3 get-in-touch"> <h3>Get in Touch</h3> <ul> <li> <i class="fa fa-map-marker" aria-hidden="true"></i>I - 31, Naraina Vihar, New Delhi <br> 110 028 </li> <li><i class="fa fa-mobile" aria-hidden="true"></i><a href="telto:+91 9811766111">+91 9811766111</a></li> <li><i class="fa fa-envelope-o" aria-hidden="true"></i><a href="mailto:sanjeev@abrolfinpro.com">sanjeev@abrolfinpro.com</a></li> </ul> </div> <div class="col-md-3 news"> <h3>Location</h3> <iframe src="https://www.google.com/maps/embed?pb=!1m18!1m12!1m3!1d14007.744543588871!2d77.13163976503859!3d28.631676106252957!2m3!1f0!2f0!3f0!3m2!1i1024!2i768!4f13.1!3m3!1m2!1s0x390d0331d31f1913%3A0xdcb482919de49265!2sNaraina%20Vihar!5e0!3m2!1sen!2sin!4v1591704970193!5m2!1sen!2sin" width="100%" height="230" frameborder="0" style="border:0;" allowfullscreen="" aria-hidden="false" tabindex="0"></iframe> </div> </div> </div> </footer> <section class="footer-bottom"> <div class="container"> <div class="row"> <div class="col-md-6 col-sm-6 col-xs-12 pull-left"> <p> Copyright © 2020 <a href="index.html">ABROLFinPro</a>. All rights reserved.</p> </div> <div class="col-md-6 col-sm-6 col-xs-12 pull-right"> <p> © 2020 Designed and Developed By <img src="images/pru_it.png"> </p> </div> </div> </div> </section> <a class="scroll-top" href="#"><i class="fa fa-angle-up"></i> </a> <!-- Scripts --> <script src="plugins/jquery.min.js"></script> <script src="plugins/bootstrap/js/bootstrap.min.js"></script> <script type="text/javascript" src="fancyapps-fancyBox/source/jquery.fancybox.pack.js"></script> <script type="text/javascript" src="fancyapps-fancyBox/source/helpers/jquery.fancybox-media.js"></script> <script src="plugins/wow.min.js"></script> <script src="plugins/jquery.countTo.js"></script> <script src="plugins/owl.carousel-2/owl.carousel.min.js"></script> <script src="https://maps.googleapis.com/maps/api/js"></script> <script src="../../cdnjs.cloudflare.com/ajax/libs/gmaps.js/0.4.24/gmaps.min.js"></script> <script src="plugins/map-helper.js"></script> <script src="plugins/jquery.mixitup.min.js"></script> <script src="plugins/bootstrap-select/dist/js/bootstrap-select.min.js"></script> <script src="plugins/Chart.min.js"></script> <script src="plugins/jquery-validation/dist/jquery.validate.min.js"></script> <script src="plugins/waypoints.min.js"></script> <script src="plugins/jquery.counterup.min.js"></script> <script src="js/theme.js"></script> <!-- Testimonial slider js--> <script src="js/slick.js" type="text/javascript" charset="utf-8"></script> <script type="text/javascript"> $('.autoplay1').slick({ slidesToShow: 1, slidesToScroll: 1, autoplay: true, autoplaySpeed: 4000, }); </script> </body> <!-- Mirrored from www.mylamarena.com/vermun/ by HTTrack Website Copier/3.x [XR&CO'2014], Mon, 27 Nov 2017 10:08:39 GMT --> </html>
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