TERM  INSURANCE  PLAN

Term insurance Plan is also called as term life insurance which offers multiple benefits such as long-term protection, high cover at low premium rates, and tax benefits etc.

These plans offer a financial benefit to the policyholder’s nominee/beneficiary in case of an unforeseen death of the policyholder during the policy tenure.

Why should you buy term insurance?

• To provide financial Protection to your family even when you are not around to them.
• To provide protection from uncertainties in future.
• Tax benefits under Section 80C and 10(10D) of Income Tax Act, 1961.

How to choose the best term insurance plan:

• Think about your no. of dependents
  • Consider your life stage
  • Assess your current lifestyle
  • Calculate your current liabilities  
  • Add term policy riders to the Basic Plan

Riders in term life insurance:

A rider in term life insurance is an additional benefit that increases the coverage of the basic term insurance plan. These term riders are added at an extra premium rate over and above the rates of normal premium and can be selected as per your requirements.