We at Loansneed know how important it is to keep your family and valuables safe. We provide a wide selection of insurance options that are customized to meet your specific requirements because of this. We provide coverage for your home, car, and health, among other things. Our skilled group of insurance professionals is committed to assisting you in locating the ideal coverage at the most competitive cost. You can rely on Loansneed to give you the peace of mind you deserve with their affordable rates and attentive service. Use our dependable insurance choices to safeguard the things that are most important to you.
| TERMS | ELIGIBILITY |
|---|---|
| Age criteria: | Entry Age: 18 years to 65 years Maturity Age: 23 years to 75 years |
| Policy Term: | Minimum - 5 years Maximum - Up to 40 years or "75 years - Age at Entry" |
| Basic Sum Assured amount: | Minimum - Rs 25, 00,000 Maximum - Subject to Underwriting |
| Premium: | Minimum - This will be determined as per the plan option, pay-out option, age, gender, smoking status, policy term, premium payment mode, premium payment frequency and Basic Sum Assured that has been chosen and opted for the policy.
Maximum - There is no limit but it will be subjected to underwriting consideration. Kindly Note: The preferred rates will only be applicable for females and non-smokers. |
| Premium Payment Term: | Regular Pay: This will be equal to the policy term.
Limited Pay: This is divided into 4 parts i.e. 5 / 7 / 10/ 15 p.a Single Pay: This will be a single payment. |
| Premium Payment Option: | There are 3 payment options namely: Regular, Limited & Single Pay. |
| Premium Payment Mode: | There are 4 premium payment modes namely: Yearly, Half- Yearly, Quarterly and Monthly. |
| Modal Factor (% of annual premium): | The following modal loading will be used to calculate the installment Premium: Yearly - 100% | Half yearly - 51% | Quarterly - 26% | Monthly - 8.8%. |
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Contact Us
- +91 8448616364
- prince@loansneed.com
- Office Number 402/403, Jain Complex, Opposite Metroplex Mall, Nirman Vihar, Delhi 110092