Citibank is one of the most popular banks in India. Apart from offering all kinds of banking services; it offers insurance. Given below is the detailed information on the insurance plans. After reading the post, you can choose the best insurance plan. There are different types of plan that can be opted for. The applications can be submitted online. The agent will then come at your place at a scheduled time. All the formalities will be completed then. Don’t forget to avail the various Citibank offers.
Types of Insurance Plans:
1. Life Insurance
2. Protection
3. Child plan
4. Legacy planning
5. Savings
6. Retirement
Citibank Health Insurance Plans Are:
• Health Insurance
• Hospital cash
• Personal accident
Citibank Non-Life Insurance Plans Are:
• Residential property
• Commercial insurance
If you already have a Health Insurance, you can apply for a top-up. Find details on all these insurance in the following section.
#1 – Life Insurance Policies:
The life insurance plans help you plan your financial commitments. There are different types of life insurance plans. They are drafted as per the different life stages. The four life stages that are covered by different insurance plans are- Young professional, Just married, Married with kids, Wealth capitalist and closing retirement. There are different insurance plans for each of these categories. Choose as per your requirements. You can consult the online customer care for more information.
#2 – Protection Plans:
The key benefits and features of the protection plans are – death benefit, tax benefit and free look period. But there are various eligibility requirements for these plans; like- maximum entry age, minimum entry age, premium payment term, minimum premium, payment modes.
#3 – Child Insurance Plans:
There are 7 plans under this category for the insurance. They allow you to plan everything related to your children such as:
1. Health
2. Higher Studies
3. Education
4. Marriage
5. Wealth Creation etc
The benefits and features include maturity benefit, loyalty additions, tax benefit and death benefits
#4 – Legacy Planning Insurance Plans:
There are 3 plans in this category. These plans allow you to meet some critical life needs in an efficient manner. They allow you to create Legacy for your family. The money grows over a period of and you can enjoy greater protection. It is one of the most popular means of wealth creation.
#5 – Savings Plans:
There are 10 insurance plans in this category. Each one has its own benefits and features. The product brochures are available online. You can download all of them and obtain the first hand information. You can also find all the Citibank Coupons online and use them. The various benefits and features of these plans are – tax benefit, tax benefit, maturity benefit, terminal bonus and compounded revisionary bonus.
#6 – Retirement Plans:
There are five types of retirement insurance plans. They offer different kinds of benefits and features in terms of loyalty, death, maturity & tax. The retirement plans are perfect for the people planning retirement packages.
#7 – Health Insurance Plans:
• There are various types of Health Insurance plans offered by the Citibank. These insurance plans are perfect and comprehensive Health Insurance solutions. They offer additional benefits as compared to a standard Mediclaim policy. No medical examination is required up to 60 years of age. They also come with the benefits of lifelong renewal.
Now, download the relevant brochure and choose the best policy. Use the Citibank Offers for saving big on all purchases.
