Term life insurance or term assurance is life insurance that provides coverage at a fixed rate of payments for a limited period of time, the relevant term. After that period expires, coverage at the previous rate of premiums is no longer guaranteed and the client must either forgo coverage or potentially obtain further coverage with different payments or conditions. If the life insured dies during the term, the death benefit will be paid to the beneficiary. Term insurance is typically the least expensive way to purchase a substantial death benefit on a coverage amount per premium dollar basis over a specific period of time.
1. High Sum Assured at Affordable Premium.
2. Easy to Understand.
3. Multiple Death Benefit Payout Options.
4. Additional Riders.
5. Income Tax Benefits.
6. Critical Illness Coverage.
7. Accidental Death Benefit Coverage.
8. Return of Premium Option.
Our mission is to deliver reliable, latest news and opinions.
Esyloan.com with its 25+ finance partners strives to get you the best loan deals and Credit Card offers. You can compare various loan products online with latest interest rates from reputed banks and NBFCs in India including HDFC, ICICI Bank, Indusind Bank, SBI and other partners. Our team of financial experts works hard to find and get you the best deal.