Term plans - Term insurance is a type of life insurance that provides coverage for a specific period of time or years.
Buy term insurance - Term insurance is a type of life insurance that provides coverage for a specific period of time or years.
There are diverse types of life insurance available in the market, but term life insurance is one of the most popular options for people.
Term life insurance, within a certain time frame, guarantees a policyholder various death benefits to their beneficiaries.
The two major factors that you should consider when buying insurance are the length of the term and the cost of the insurance.
Term insurance is a type of life insurance that provides coverage for a specific period of time or years.
This type of life insurance provides financial protection to the nominee in case policyholder dies during the policy term.
Term Insurance plans provide high life cover at lower premiums.
For eg: Premium for ₹ 1 Cr Term Insurance cover could be as low as ₹ 490** p.m.
These fixed premiums can be paid at once or at regular intervals for the entire policy term or for a limited period.
Premium amount varies basis the type of the premium payment method opted by the buyer.