Variable Life Insurance Policy: If you are thinking of protecting your life and investing money, then you can easily do both types of things together. For this, you can buy a variable life insurance policy. This policy ensures both life security and investment.
This is the reason why most people who want to protect their lives as well as invest their money and get returns can take a variable life insurance policy. Therefore, in today’s article, we will give you detailed information about variable life insurance.
life insurance policy?
A Variable Life Insurance Policy is one type of life insurance policy. If you buy it, apart from life protection, you will also be given the option to invest. This will enable you to generate a substantial profit after a specific timeframe. If you are thinking of investing along with life protection, then you can buy this policy.
life insurance eligibility
If you wish to purchase a variable life insurance policy, you must be at least 18 years old. Additionally, if you have a job or business, only you will be able to pay the premiums for this policy.
life insurance policy Documents
The following types of necessary documents will be required to take Variable Life Insurance, the details of which are given below.
Use the Aadhar card or PAN card as your identity card.
Ration card Driving license A passport serves as a residence certificate.
Provide a three-month salary slip and a bank statement as evidence of income.
If you do a job, then you have to give a 2-year income tax return.
Birth certificate.
How can I get variable life insurance?
To take a variable life insurance policy, you can go to the official portal or branch of any life insurance company. You will see the option to take a variable life insurance policy there. Once you click on it, you can purchase this life insurance policy by providing the necessary information and important documents. After that, you will also have to give details of how much premium you have to pay. This way, you can take variable life insurance.
Disclaimer: This article provides general informational purposes only and does not constitute professional advice. We always recommend consulting a qualified financial advisor or insurance agent for personalized guidance based on your specific circumstances. We cannot guarantee the accuracy and completeness of the information.
