Endowment Policy (Ivestment & Saving)

Life Insurance:
There's nothing more important than family, and for more than 100 years, customers have turned to Farmers New World Life Insurance Company to help protect the financial security of their loved ones.
life insurance and why do I need it?
A death in the family is not only emotionally devastating, it can also take a tremendous toll on the future financial security of a family. Suddenly, without the deceased’s income, paying the mortgage or providing for a child's college education may become much more difficult.
Those who buy life insurance generally do so to help ensure their loved ones are taken care of financially.  Life insurance is a promise by an insurance company to pay those who depend on you a sum of money upon your death. In return, you make periodic payments called premiums. Premiums can be based on factors such as age, gender, medical history and the dollar amount of the life insurance you purchase.
In the event of your passing, life insurance provides money directly to the individuals you select, your beneficiaries, who can use the money as they see fit, including:
Replacing lost income
Covering basic living expenses
Paying household debts, estate taxes and funeral expenses
Funding a child’s education
Supplementing retirement savings
 
Money Back Policy
The money-back policy from Life Insurance Corporation in India is a popular insurance policy. It provides life coverage during the term of the policy and the maturity benefits are paid in installments.
Child Education Protection Plan:
The child education policy is a life insurance product specially designed as a savings tool to provide an amount of money when your child reaches the age for entry into college .
Term Life Insurance Plan:
Term life insurance is usually the most affordable type of life insurance. It provides temporary financial protection for your loved ones during your working years. The death benefit pays money directly to your beneficiaries to help with funeral costs and ongoing financial obligations such as daily living expenses, child education and mortgage payments. 
Whole Life Insurance:
Whole life insurance¹ is a type of permanent life insurance – that can insure you for a lifetime.² Premiums are typically level and guaranteed for the life of the policy.
Pension Plan:
A pension plan is a retirement plan that requires an employer to make contributions into a pool of funds set aside for a worker's future benefit. The pool of funds is invested on the employee's behalf, and the earnings on the investments generate income to the worker upon retirement.