Term insurance is a type of life insurance policy, which offers financial coverage to your family in case of your death, disease or disability. It is one of the few investment options in the market that offer a high sum assured at very low premiums

What is a TERM INSURANCE?

Why should you buy term insurance plan?

• Less expensive
• Death benefit
• Best income replacement feature
• Tax benefit
• Maximum insurance coverage for minimum cost
• Term insurance policy can be bought at very early age of life
• Peace of mind

• The younger, the better for availing low premiums
• When you start first job
• Lifestyle diseases, which has a higher scope of occurring with age
• Term plan is the pure life insurance plan that offer financial security to your family.

When should you invest in a term insurance?

Key features of term insurance

• Term plan is the pure life insurance plan that offer financial security to your family.
• It covers you for a specific period of time
• Term plan promise to pay a benefit only if the insured dies during the term of the policy.
• There is usually, no maturity benefit payable under the plan.