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Term insurance buying options and payment method
Hello Santosh, thanks for reaching out. A term policy is a kind of life insurance that, with the insurer's approval, guarantees a death benefit to the beneficiaries or nominees in the event that the policyholder passes away during the policy term. This guarantee is provided in exchange for a set amount of money deducted at predetermined intervals.
In the event of the unanticipated death of the policyholder, term insurance offers financial security and protection for the entire family. Additionally, you have the option of purchasing coverage for critical illnesses or accidental death. You are protected for a longer period of time with a term insurance plan and pay lower premium costs.
We have the plans available from multiple insurers which offer a sum assured up to 1 Crore. You can find more information on term life policies here: Term Insurance
Also, we have arranged a callback for you from one of our term insurance advisor to help you find the right plan for you. The advisor shall reach out to you shortly.
Hope this helps.
