Life Shield

Life shield

CHOOSE ANY 1 PACKAGE FOR YOUR LIFE PROTECTION & FINANCIAL SECURITY

BIJO’s Life Shield is a Comprehensive Life Insurance designed to replace lost income, pay final expenses, clear debts, fund future goals, and cover potential chronic illness or extended care costs. If you have loved ones who depend on you financially, Life Shield helps protect what matters most.

  • Protection Shield

    Term Insurance that provides coverage for a fixed period (typically 10–30 years).
    If the policyholder passes away during the policy term, beneficiaries receive a tax-free death benefit, ensuring financial security for the family.

  • Fixed Shield

    Non-Participating Saving Policy offering a simplified and predictable financial arrangement.
    Provides a defined death benefit along with scheduled cash value accumulation, clearly outlined in the policy document — without market-linked variability or performance-based bonuses.

  • Wealth Shield

    Unit Linked Insurance Plan (ULIP) that combines insurance protection with investment opportunities.
    Regular premiums are invested in equities, bonds, or a mix of both, helping achieve long-term financial goals while maintaining life coverage.

Coverage Type:

Life Insurance / Financial Protection / Wealth Creation

Additional Benefits:

- Income replacement security
- Tax-free death benefit (as per laws)
- Long-term wealth creation opportunity
- Financial protection for loved ones
- Structured and predictable savings options