What is Term Insurance?

Term Insurance is a pure life insurance product that offers financial protection to your family in case of your untimely demise during the policy term. It provides a large life cover at an affordable premium, ensuring that your loved ones remain financially secure even in your absence.

Key Features of Term Insurance

• High Sum Assured: Get coverage up to ?1 Crore or more at minimal premium cost.
• Fixed Term: Choose a policy term ranging from 10 to 40 years.
• Tax Benefits: Avail deductions under Section 80C and 10(10D) of the Income Tax Act.
• Rider Options: Enhance your coverage with add-ons like critical illness, accidental death, and disability riders.
• Flexible Premium Payments: Pay monthly, quarterly, annually or in a lump sum.

Why You Should Buy Term Insurance

Life is uncertain, and your family’s financial security shouldn't be. Term insurance ensures that:

Types of Term Insurance Plans

1. Level Term Plan: Fixed premium and sum assured throughout the policy.
2. Increasing Term Plan: Sum assured increases annually to beat inflation.
3. Return of Premium Plan: Premium is returned if the policyholder survives the term.
4. Convertible Term Plan: Option to convert to a whole life or endowment plan later.

Who Should Buy Term Insurance?

Term plans are ideal for:

• Individuals with family responsibilities
• Home loan or personal loan borrowers
• Working professionals seeking long-term security
• NRIs who want to protect their dependents in India

“Secure your family's future today with a simple, affordable term insurance plan.”