Life insurance in India is four jobs wearing one licence. Confusion starts the moment a product built for one job gets sold as another. Pick the problem you actually have.
→ What happens if you die too early?
Protect income and family financially.
See the category →→ How can you accumulate money with predefined or participating benefits?
Build predefined or participating long-term benefits.
See the category →→ What if you want market-linked investing inside an insurance structure?
Market-linked investing within an insurance policy.
See the category →→ What happens if you live longer than your money?
Build or convert capital into retirement income.
See the category →A rider is not a fifth category. It's an add-on you attach to one of the four base policies above, to cover a risk the base policy doesn't. Riders exist because a base term or savings plan is priced for one specific promise (death, or maturity) — anything extra you want covered has to be underwritten and priced separately.
Read how riders actually work →