Abstract:
This project examines the usefulness of insurance which helps the insured to lead a happy and
tension free easy life with his family by providing him protection against sudden loss of
job/downsizing (without direct involvement), loss of business or any unforeseen event that may
be any life threatening illness, disability by accident or death that disturbs or stop his source of
income. The project presents the whole new idea that how it will benefits the insured by
providing a stream of income to cover his expenses and also to provide the cash value on his
investment /savings on maturity. The plan is designed in way that it is suitable to every working
person of our society.