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About Life Insurance

Life is unpredictable, and securing your family’s financial future is one of the most important decisions you can make. SIMFINN Life Insurance offers comprehensive protection plans designed to safeguard your loved ones in case of unforeseen circumstances. With a range of flexible policy options, including term plans, savings plans, and investment-linked insurance, SIMFINN ensures that your family remains financially stable even in your absence. Our life insurance solutions provide peace of mind, ensuring that your dependents are protected from financial hardships

At SIMFINN, we understand that every individual has unique needs, which is why we offer customizable life insurance policies to suit different life stages and financial goals. Whether you’re looking for a policy to cover your family’s daily expenses, secure your child’s education, or plan for retirement, our affordable premiums and hassle-free claim settlement process make it easy to protect what matters most. Invest in a SIMFINN Life Insurance plan today and build a strong financial foundation for your future.

Features & Benefits of Life Insurance

Comprehensive Financial Protection

Ensures that your family is financially secure in case of an unfortunate event, covering expenses like daily needs, education, and loans.

Flexible Policy Options

Choose from a variety of plans, including term insurance, endowment plans, investment-linked policies, and retirement plans, based on your financial goals.

Affordable Premiums

Enjoy high coverage at competitive premium rates, making life insurance accessible and budget-friendly for everyone.

Tax Benefits

Get tax savings under Section 80C on premiums paid and Section 10(10D) on the maturity amount, as per prevailing tax laws.

Hassle-Free Claim Settlement

A quick and transparent claim process ensures that your beneficiaries receive financial support without delays.

Add-On Riders for Extra Coverage

Enhance your policy with optional riders such as critical illness cover, accidental death benefit, and disability protection for additional security.

Life Insurance Eligibility Criteria

Age Requirement

The minimum entry age is 18 years, and the maximum age varies depending on the policy type, typically up to 65 years.

Income Stability

Applicants must have a stable source of income to ensure the ability to pay premiums regularly.

Medical Fitness

Some policies may require a medical examination to assess overall health conditions and determine eligibility.

Policy Term Selection

The policy term depends on the applicant’s age and financial goals, typically ranging from 5 to 40 years.

Sum Assured Criteria

The minimum and maximum coverage amount depend on the applicant’s age, income, and chosen policy type.

Residency Status

Both residents and non-resident Indians (NRIs) can apply for SIMFINN Life Insurance, subject to specific terms and conditions

Life Insurance Premium Calculator

Annual Premium: 0 INR

Our Clients

Our home loan clients trust us to provide tailored financial solutions that make homeownership more accessible and affordable. With competitive interest rates, flexible repayment options, and a seamless application process, we help individuals and families achieve their dream of owning a home. Our commitment to customer satisfaction ensures personalized service and expert guidance at every step.

98%

Satisfied Customers

84%

Home Loans Disbursed

88%

Loan Approval Rate

Documents Required For Life Insurance

  • Aadhaar Card
  • PAN Card
  • Voter ID
  • Passport
  • Driving License
  • Aadhaar Card
  • Utility Bill (Electricity/Water/Gas—Recent 3 Months)
  • Rental Agreement
  • Passport
Birth Certificate, PAN Card, or School Leaving Certificate.
  • For Salaried Individuals: Latest Salary Slips, Form 16, or Income Tax Returns (ITR).
  • For Self-Employed Individuals: Income Tax Returns (ITR) for the last 2-3 years, Business Financial Statements, or CA-certified income proof.

Medical examination reports may be needed for high sum assured policies or applicants above a certain age.

Recent photographs for application processing.

Secure You & Your Family’s Future with SIMFINN Life Insurance Protect Your Loved Ones with a High Sum Assured

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FAQs About Life Insurance

Life insurance provides financial protection to your family in case of your unfortunate demise. It ensures that your dependents can manage expenses such as daily needs, loan repayments, and future goals like education and retirement.

SIMFINN offers a range of plans, including Term Insurance (pure protection), Endowment Plans (savings + protection), Investment-Linked Insurance, and Retirement Plans to suit different financial goals.

Your life insurance coverage should ideally be 10-15 times your annual income, considering factors like outstanding loans, daily expenses, children’s education, and future financial goals.

A medical test may be required for high sum assured policies or if the applicant is above a certain age. This helps determine the premium and policy eligibility.

Yes, premiums paid qualify for tax deductions under Section 80C, and the maturity payout is tax-free under Section 10(10D), as per prevailing tax laws.

SIMFINN offers a grace period (usually 15-30 days) to make the payment. If the premium is not paid within this period, the policy may lapse, but it can be revived within a specific timeframe.