4 Reasons Why Satco

Bank Grade Security & Encryption
Dedicated RM Support
Industry Connect & Networking
Regular Portfolio Monitoring

Our Founders

The people behind Satco Wealth.

Mr. Deepak JaggiMr. Deepak Jaggi
Co-Founder & Managing Director
Mr. Sanjib ParhiMr. Sanjib Parhi
Co-Founder & Director
Protect

Life Insurance

Understand your cover

Make sure your family's future does not depend on your income alone. Understand the types of life cover, how much you may need and what to check before you buy, so you can choose with confidence.

10–15×Annual income: a starting point for cover
30 daysFree-look period on most policies
4Plan types to understand
80COld-regime deduction on premiums
Get Started

How to Choose Cover

1

Assess Needs

Work out the cover you and your family need

2

Review Existing Cover

Spot gaps in the policies you already hold

3

Compare Features

Know what to check before you buy

4

Buy Directly

From an IRDAI-licensed insurer or intermediary

Explore

Types of Life Insurance

Term Insurance

Pure protection at the lowest cost: a large sum assured is paid to your nominee if you pass away during the term.

Endowment & Savings Plans

Combine protection with guaranteed or participating savings payable at maturity.

ULIPs

Unit-linked plans that combine life cover with market-linked funds and a 5-year lock-in.

Retirement & Annuity Plans

Convert your savings into a regular lifelong income.

Overview

How Much Cover Do You Need?

A simple starting point is 10–15 times your annual income, plus outstanding loans, minus existing savings and cover. We refine this around your goals, such as your children's education, and your family's expenses.

FAQs

Questions, answered

Why buy term insurance early?
Premiums are fixed when you buy and rise with age and health conditions, so buying young locks in a lower premium for the whole term.
What is the free-look period?
After you receive the policy, you get a free-look period (currently 30 days for most policies) to review it and return it if it does not suit you.
Are premiums tax-deductible?
Premiums may qualify for deduction under Section 80C in the old tax regime, and benefits may be exempt under Section 10(10D), subject to conditions.
What happens if I miss a premium?
There is a grace period to pay. After that the policy may lapse, though most can be revived within the revival period by paying the dues and meeting health requirements.
Get Started

Ready to begin?

Talk to your relationship manager or start online in minutes.

This page is for information only. Satco Wealth is not an insurance intermediary and does not sell or service insurance policies; please buy directly from an IRDAI-licensed insurer or intermediary.