Term - Life Insurance
Term - Life Insurance Services
Term insurance is one of the simplest and most affordable forms of life insurance, designed to provide financial security to your family in case of your untimely demise. It offers a high sum assured at low premiums, making it an ideal choice for individuals seeking maximum coverage. In the event of the policyholder’s death during the policy term, the nominee receives the death benefit, ensuring financial stability for their future needs such as education, debts, or daily expenses. Term insurance does not provide maturity benefits but acts as a pure protection plan, securing your loved ones’ financial well-being with peace of mind.
FAQ
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Term life insurance is a policy that provides financial protection to your beneficiaries if you (the insured) die during a specified term (e.g., 10, 20, or 30 years).
You pay a regular premium for the chosen term. If you die during that term, your nominee receives the death benefit (sum insured). If you survive, nothing is paid (unless a return-of-premium feature is added).
Anyone with financial dependents (spouse, children, parents) should consider term life insurance to protect their family’s future income and lifestyle.
Death due to natural causes, accidents, or illness (depending on policy terms)
Terminal illness (in some plans)
Additional riders can enhance coverage (e.g., critical illness, accidental death)
