TERM PLAN

Term Plan :

Term Insurance Plan is a simple and pure risk cover form of life insurance. It provides financial protection to your family against a fixed premium paid for a specified term. You can get large amount of  term insurance cover at affordable premisums. The nominee receives the term insurance amount in case of death of policy holder.

Who should buy Term Plan ?

Parents : If you have a children or dependent adult family member and are responsible for paying for their needs, you must buy term plan.

Young Individuals : The premium for term insurance increases with age. So it makes smart sense for young professionals without financial liabilities to buy term plan early & this way they get low rate premium.

Newly Married Couples : In case of an unfortunate incident, the responsibility of paying outstanding loans should not fall on your loved ones.

Benefits of Term Insurance Premium Calculation :

Flexibility to Customise : The term insurance calculator gives you the flexibility to design your term plan as per your needs. You can pick and choose your own life cover amount, choose to strengthen your coverage by adding riders, choose the premium payment term and payout method as per your financial plan.

Efficient : The term insurance premium can generate a customised quote for you within two minutes and all of this is fee of charge.