Broadly speaking, there are only two types of life insurance policies – ones that offer only a death benefit (Term insurance) and others that offer death + maturity or investment benefit (e.g. Endowment Plans or Unit Liked Insurance Plans).
Are you one of those who love their bike but forget to renew its insurance policy on time? Does renewing the policy year after year seem a boring job? If that is the case, then there is good news for you.