Secure your future, protect your loved ones
Life Insurance
MRTA (Mortgage Reducing Term Assurance)
Secure Your Home Loan, Secure Your Family
MRTA (Mortgage Reducing Term Assurance) is a type of life insurance designed specifically to cover home loans. In case of the policyholder’s unfortunate demise, the outstanding loan amount is paid off, ensuring that the family doesn’t face the financial burden of repaying it. The coverage reduces over time, in line with the decreasing loan balance.
- Ideal for home loan borrowers
- Reduces financial risk for dependents
- Peace of mind knowing your home is secure
How 7fin Helps
At 7fin, we help you choose the right MRTA policy that matches your loan terms and ensures complete protection. We assist in comparing plans, explaining premiums, and ensuring your home remains a secure asset for your family.
ULIP (Unit Linked Insurance Plan)
Insurance + Investment for Long-Term Wealth Growth
ULIPs are a smart blend of life insurance and investment. A part of your premium is used for life coverage, while the rest is invested in market-linked funds (equity, debt, or hybrid). This allows policyholders to grow their wealth while ensuring financial security for their loved ones. ULIPs also come with tax benefits under Section 80C and offer flexibility to switch between funds.
- Dual benefit – insurance + investment
- Market-linked returns with fund-switching options
- Tax benefits and long-term wealth creation
How 7fin Helps
7fin helps you choose the right ULIP based on your risk appetite and financial goals. We provide guidance on fund selection, premium allocation, and strategy to maximize returns while ensuring sufficient life cover.
Term Plan
High Coverage, Low Cost – Pure Life Protection
A term insurance plan is a straightforward and cost-effective way to secure your family’s future. It offers a high sum assured at an affordable premium, ensuring financial stability in case of the policyholder’s passing. Unlike other life insurance plans, term plans do not have maturity benefits – their sole purpose is to provide financial protection.
- Most affordable life insurance
- High coverage for minimal cost
- Lump sum payout to beneficiaries
How 7fin Helps
At 7fin, we analyze your financial obligations, liabilities, and family needs to recommend the right term insurance. We simplify the selection process, ensuring you get maximum coverage at the best premium rates.
Endowment Plan
Life Insurance with a Savings Component
An endowment plan is a combination of life insurance and savings. It provides life coverage along with a maturity benefit if the policyholder survives the term. This makes it a great option for those looking for disciplined savings while securing their family’s future.
- Guaranteed payout at policy maturity
- Life cover + savings in one plan
- Ideal for future financial goals like education or retirement
How 7fin Helps
7fin helps you select the best endowment plan that aligns with your long-term financial goals. We assist in policy comparison, premium calculations, and maximizing benefits to ensure a secure future for you and your loved ones.
Keyman Insurance Policy
Protecting Businesses from the Loss of Key Employees
Keyman Insurance is a life insurance policy taken by a business to cover the life of a crucial employee or leader. In case of their unfortunate demise, the payout helps the business recover from financial loss, recruitment expenses, and operational setbacks. It’s essential for companies heavily reliant on a few key individuals for revenue and growth.
- Ensures business continuity in case of loss of a key employee
- Protects from financial and operational disruptions
- Tax benefits for businesses
How 7fin Helps
At 7fin, we assist businesses in identifying key personnel who need coverage and selecting the best policy. We provide expert advice on policy structure, premium optimization, and claim processes to safeguard your business’s future.