Term Insurance
Term insurance plans offer your family much-needed financial security after you, in exchange for a specified premium amount. In case of an unfortunate demise of the life insured during the policy term, the insurer provides a death benefit payout to the nominee, called as life cover, to manage their expenses
Term insurance policy is a popular choice for individuals seeking comprehensive coverage at affordable premiums. Financial security and the protection of loved ones are paramount considerations for anyone who wants to ensure a stable future.
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Pure Protection Plan
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Tax Deduction under 80c
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Affordable Premium
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Financial Security To Your Family
How term Insurance works?
Let Us Understand How The Term Insurance Works With The Help Of Example.
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Meet Sameer
Sameer, a Heathy and non Smoking male
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Bought Policy
Sameer bought a ₹ 1 crore Term Insurance for a 25 years policy term to source his wife financially
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Unfortunate Death
In the 4th policy year, Sameer suffered an unfortunate death
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Claim
His wife received a ₹ 1 crore death benefit from the Insurance.
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After claim
His wife can use the benefit & maintain her current quality of life.
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