Life Insurance
Protect your family's future with smart life planning, retirement solutions, child education planning and financial security tools.
Family Protection Canopy
360° Life Security Blueprint
Section 45 (Insurance Act 1938)
No life insurance policy can be called into question by an insurer on any ground after 3 continuous years from policy issuance or risk commencement.
MWP Act 1874 Endorsement
Section 6 MWP Act endorsement creates an exclusive trust for spouse and children, fully protecting term claim proceeds from business creditors and debts.
30-Day Free-Look Review
Under IRDAI Master Circular 2024, policyholders enjoy 30 days from receiving electronic policy documents to review terms and request cancellation with pro-rata risk refund.
Life Planning & Protection Dashboard
Explore pure term protection, guaranteed endowment savings, ULIP growth, pension annuities, and goal planners.
Term Insurance
Income replacement cover recommended via HLV heuristic (PLANNING GUIDANCE: 10x-15x annual income).
Savings & Endowment Plans
Policy-defined maturity payouts combined with life cover for disciplined, risk-free goals.
ULIP (Unit Linked Plans)
Market-linked equity growth with life cover and tax exemption under Sec 10(10D) (TAX FACT: subject to IT Act caps).
Endowment Policy
Traditional disciplined savings policy offering death cover and guaranteed bonuses.
Money Back Policy
Periodic survival benefits paid during policy term with full sum insured protection.
Whole Life Insurance
Coverage extending up to 99 or 100 years of age for complete lifelong family protection.
Retirement Planning
Accumulate a dedicated retirement corpus to beat inflation during golden post-work years.
Pension & Deferred Plans
Lock guaranteed monthly pension income starting immediately or at a deferred age.
Immediate Annuity
Single lumpsum deposit guaranteeing lifelong monthly or annual pension payouts.
Child Education Planning
Inflation-adjusted college fund with Premium Waiver Benefit (PWB) protection.
Child Marriage Planning
Calculate future wedding expenses and systematically invest via SIPs.
5-Step Life Planning Journey
From goal identification to disciplined financial execution
Featured Life Planning Calculators
Quantify human life value, retirement corpus, child education, and debt protection needs.
Life Cover Calculator
Calculate exact HLV life insurance requirement.
Human Life Value (HLV)
Scientific income replacement assessment.
Need Based Calculator
Debt, goals, and liability coverage assessment.
Child Education Planner
Estimate college fund needs with 10% inflation.
Marriage Planning Calculator
AI wedding budget & inflation savings planner.
Retirement Calculator
Determine monthly pension corpus for life.
Emergency Fund Calculator
Calculate 6-month essential living expenses.
Dream Home Planner
Down payment savings & mortgage affordability.
Why Life Insurance & Planning Matters
Secure your dependents and build tax-free generational wealth
Income Replacement
Replaces 10x-20x annual income to maintain your family's living standard if you pass away.
Family Protection
Guarantees child college tuition and spouse financial independence without loan burdens.
Debt & Mortgage Shield
Clears home loans, personal loans, and credit debts so family retains property ownership.
Future Wealth Growth
Tax-free compounding returns u/s 10(10D) via disciplined savings and ULIP plans.
Retirement Security
Locks in guaranteed lifelong monthly pension annuities starting from age 60.
Tax Benefits
Save up to âš1.5 Lakhs tax annually u/s 80C plus 100% tax-free claim payouts u/s 10(10D).
Life Planning Knowledge Center & FAQs
Master life insurance concepts, taxation rules, MWP Act protection, and claim settlement.
Fundamentals of Life Insurance in India
Life insurance is a legal agreement between an individual (policyholder) and an insurance company. The insurer guarantees to pay a specified lump sum (Sum Insured) to designated beneficiaries in the event of the insured's untimely demise, or pay a maturity payout if the policyholder survives the policy tenure.
1. Financial Safety Net
Replaces earned salary for dependents to clear loans and manage daily expenses.
2. Wealth Accumulation
Endowment and ULIP plans compound long-term capital with guaranteed bonuses.
3. Tax Optimization
Dual tax savings under Section 80C for premiums and Section 10(10D) for payouts.
Frequently Asked Questions
All calculations are for financial literacy and goal planning.
Your financial figures remain private in your browser session.
Certified advisory & educational awareness platform.
FinSetu provides independent financial calculation tools aligned with IRDAI guidelines. Insurance is the subject matter of solicitation.