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Life Insurance from mybanktree.com

Life Insurance is a pure life cover that provides financial benefits to the family in the case of untimely death Get an insurance quote today

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Life Insurance from mybanktree.com

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  1. Term Life Insurance My Bank TreePERSONAL FINANCIAL COMPANY H.no- 12-5-149/13/1 Beside Axis Bank lane, Vijayapuri Colony, South Lalaguda, Tarnaka, Secunderabad, Telangana. 500017mybanktree1@gmail.com​+91 9966171074

  2. My Bank Tree Services- Credit Cards Personal Loan Home Loan Business Loan Life Insurance Health Insurance mybanktree.com

  3. Life Insurance Get insurance for your loved ones & secure their future • If you’re wondering what a life insurance policy is, it’s a contract between an individual and an insurance provider in which the insurance company provides financial protection to the policyholder in exchange for monthly costs (known as premiums). According to the definition of life insurance, the insurer (insurance company) pays an amount assured to the policyholder or named nominees in the event of the policyholder’s untimely death in exchange for premium payments made towards a life insurance policy. • According to the agreement, the insurance company will pay the individual or his family a lump sum payment after a specific period in the event of the policyholder’s death or if the policy matures. There are various types of life insurance policies available to meet the demands and requirements of policyholders. Understanding the meaning of life insurance its benefits and features is important before you buy one. Read on to know more about what is life insurance. mybanktree.com

  4. Term Life Insurance • Term life insurance covers you for a set period at a set premium rate. • In the event of the life insured’s untimely death during the policy term, the nominee receives the Total Payout/Benefit. The benefit can be paid out as a lump sum, as a combination of lump sum and monthly payments, or as a monthly payment only. • As a result, term insurance plans are considered to be pure protection plans that ensure the financial stability of the dependents in the event of the untimely death of the life insured. mybanktree.com

  5. Key Terms when comparing Term Life insurance plans • Total Payout of each plan • Premium amount paid for desired Total Payout • Policy term offered • High claim settlement ratio • Riders offered with the mybanktree.com

  6. Documents Required • Passport-sized photographs • Age Proof (Driving License / PAN Card / Passport / SSC Certificate) • Proof of Residence (Passport / Telephone Bill / Electricity Bill / Ration Card / Water Bill / Voter ID) • Identity Proof (Ration Card / Voter ID / PAN Card / Passport / Driving License) • Proof of Income (Pension Pass Book / Income Tax Returns / Form 16 / Salary Slip) mybanktree.com

  7. How to Claim Life Insurance? Life insurance claims are made under two circumstances: Death of the life insured Maturity of the life insurance policy mybanktree.com

  8. Thank You My Bank TreePERSONAL FINANCIAL COMPANY My Bank Tree +91 9966171074 mybanktree1@gmail.com www.mybanktree.com H.no- 12-5-149/13/1 Beside Axis Bank lane, Vijayapuri Colony, South Lalaguda, Tarnaka, Secunderabad, Telangana. 500017

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