Life Insurance Solutions with OBS Fin Solution
At OBS Fin Solution, we believe in securing not just your future but also the future of your loved ones. Our Life Insurance solutions are designed to provide financial protection, stability, and peace of mind in uncertain times. With the right life insurance plan, you can ensure your family is safeguarded against life’s unexpected challenges while also creating opportunities for wealth creation, savings, and long-term planning.
Whether you’re looking for Term Insurance, Whole Life Plans, Endowment Policies, or ULIPs, we help you choose the right cover tailored to your needs, lifestyle, and financial goals. Our experts guide you every step of the way to make the process simple, transparent, and reliable.
- Wide range of insurance plans from top insurers
- Affordable premiums with high coverage
- Customizable plans for family protection & savings
- Hassle-free documentation & claim support
- Expert advice to match your financial goals
Frequently Asked Questions (FAQs) on Life Insurance
Life insurance is a contract between you and an insurance company that provides financial protection to your family or beneficiaries in the event of your untimely death. It ensures your loved ones remain financially secure.
Life insurance offers peace of mind by covering risks such as loss of income, outstanding debts, children’s education, or other financial needs of your dependents. It also provides tax-saving benefits.
Term Insurance – Pure protection plan with affordable premiums
Whole Life Policy – Coverage for the entire lifetime
Endowment Plans – Insurance + savings component
ULIPs (Unit Linked Insurance Plans) – Insurance with investment opportunities
Child & Retirement Plans – For future financial planning
Coverage depends on your income, lifestyle, financial liabilities, and family’s future needs. A general rule is to have a cover of 10–15 times your annual income.
The earlier, the better. Buying young ensures lower premiums and longer coverage at affordable rates.
Yes, premiums paid towards life insurance are eligible for deduction under Section 80C of the Income Tax Act (up to ₹1.5 lakh per year). Additionally, the maturity or death benefit is usually tax-free under Section 10(10D).
If you miss premium payments, your policy may lapse. Some policies offer a grace period or the option to revive the policy within a specified timeframe.
Yes, you can hold multiple life insurance policies based on your needs and eligibility.
In the event of the policyholder’s death, the nominee needs to submit the claim form along with the required documents (like death certificate, policy document, etc.). OBS Fin Solution assists you in ensuring a smooth claim settlement.
It depends on the insurer, your age, health condition, and the coverage amount you choose. Higher coverage usually requires a medical test.
