Term Life Plans

Term Life Plans

Why Choose Our Term Life Plans?

Term life insurance is an affordable and effective way to protect your family’s financial future. Our term life plans provide a high sum assured at low premiums, ensuring that your loved ones remain financially secure in case of any unforeseen circumstances.

Our Term Life Plan Options

1. Basic Term Life Insurance

Pure protection plan – Provides financial security to your family with a lump-sum payout in case of the policyholder’s demise.

2. Increasing Cover Term Plan

Grow your coverage over time – The sum assured increases at a predetermined rate to keep up with inflation and financial needs.

3. Return of Premium Term Plan

Get your premiums back – Offers the benefit of returning all premiums paid if the policyholder survives the policy term.

4. Whole Life Term Insurance

Coverage for a lifetime – Provides protection until the age of 99, ensuring lifelong financial security for your dependents.

5. Critical Illness & Disability Rider Plans

Enhanced protection – Includes coverage for critical illnesses or disabilities along with life insurance benefits.

How It Works

Secure Your Loved Ones with Comprehensive Term Life Insurance

Choose Your Plan – Select a term life plan based on your financial goals and family’s needs.
Calculate Your Coverage – Determine the required sum assured for adequate protection.
Pay Premiums – Make regular premium payments to keep your policy active.
Secure Your Future – Rest easy knowing your loved ones are financially protected.
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What is a Term Life Plan?
A term life plan is a pure protection insurance policy that provides financial security to your beneficiaries in case of your untimely demise during the policy term.
How long should I choose my policy term for?
The policy term should align with your financial goals, typically covering the years when your family is most dependent on your income.
Can I increase my term insurance coverage over time?
Yes, some term plans offer an increasing cover option that allows your sum assured to grow over time to keep up with inflation and changing financial needs.
What happens if I survive the policy term?
If you choose a standard term plan, there is no maturity benefit. However, with a return of premium term plan, you get back all the premiums paid.
Are term life insurance payouts tax-free?
Yes, the sum assured paid to the nominee is generally tax-free under applicable tax laws.
Can I add riders to my term plan?
Yes, you can enhance your coverage with riders such as critical illness cover, accidental death benefit, and disability coverage.

Key Benefits of Our Term Life Plans

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1
Affordable Premiums
High coverage at a low cost.
2
Flexible Payout Options
Choose between lump-sum, monthly income, or a combination of both.
3
Tax Benefits
Enjoy tax advantages under applicable laws.
4
Customizable Add-ons
Enhance your plan with riders for critical illness, accidental death, and disability.
5
Peace of Mind
Ensure your family's financial stability even in your absence.
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