Term Insurance

Service Overview

Term insurance is a type of life insurance that provides financial protection to the policyholder's family for a specific period (term) in exchange for regular premium payments. It ensures a lump sum payout (death benefit) to the nominee in case of the policyholder's untimely demise during the policy term.

Key Features

• Affordable Premiums: Cost-effective compared to other life insurance plans
• Customizable Coverage: Options to enhance coverage with riders like accidental death, critical illness, or disability benefits.
• Fixed Term: Policy terms typically range from 5 to 40 years, allowing flexibility based on individual needs
• Tax Benefits: Premiums paid are eligible for tax deductions .