Life is uncertain, but your family’s financial security shouldn’t be. A Term Insurance Plan is one of the most essential and affordable forms of life insurance that provides pure protection. It ensures that your loved ones remain financially secure even in your absence by offering a high life cover at a minimal premium.
Whether you’re starting a family, repaying a home loan, or planning for your children's education, a term plan gives you peace of mind knowing your responsibilities will be taken care of — no matter what happens.
A Term Insurance Plan is a life insurance policy that provides financial coverage for a fixed period or “term.” If the policyholder passes away during the policy term, the nominee receives a lump sum death benefit. However, there is typically no maturity benefit if the policyholder survives the term — making it a pure protection plan.
