Term insurance premiums are economical with respect to the higher coverage amount it offers. Secure your family's future take the most important decision of tomorrow, TODAY. Make Term Insurance your best friend and protect your family. Calculate the right amount of term insurance at PolicyBazaar and buy instantly.
Term Insurance is a life insurance plan that provides financial coverage to the beneficiary of the insured person for a defined period of time. In the event of death of term insurance policyholder during policy term, the beneficiary can claim death benefits from the insurance company. The death benefit is payable to the nominee or beneficiary who is usually a family member. You can choose to get a lump-sum amount or a combination of lump-sum and monthly amount as per your requirement. Some Insurance Companies also cover permanent or partial disability wherein the policyholder’s regular income is disrupted.
Note: In case of survival of the policyholder the coverage at the earlier rate of premiums is not guaranteed after the expiry of the policy. The buyer has to either obtain extended coverage with different payment condition or forgo the coverage entirely.
Don’t be short-sighted. Get Term Insurance and secure your family’s future. Save their harassment by financially securing them through a term plan.
In the event of an unforeseen situation who will take care of your liabilities and responsibilities? It is here that the importance of term insurance is felt. The lumpsum that your family will get as death benefit can bring financial stability and pay off the liabilities.
It is the real support that your family can have if something happens to you. Term insurance is important for everyone and especially more for the bread earner of the family.
“Family is not an important thing, it’s everything."– Michael J. Fox
Get lumpsum amount in the event sudden death
See off all your loans and liabilities
Provide money so that your family continues to live with pride
Term Insurance also takes care of family in case of your disability or critical illness:
Provides supplementary income in case of loss of income due to accidental disability or illness
Get lumpsum amount if diagnosed with critical illness
Additional sum insured in case of accidental death
|
Term Plans |
Entry Age (Min/Max) |
Maximum Maturity |
Sum Assured(Minimum) |
Claim Settlement Ratio(FY 2015-16) |
|
Aegon Life iTerm Insurance Plan |
18/65 years |
80 years |
Rs.25 lakh |
95.30% |
|
Bajaj Allianz iSecure OnlineTerm Plan |
18/60 years |
70 years |
2.5 lakh |
91.30% |
|
Canara HSBC OBC eSmart Term Plan |
18/70 years |
75 years |
25 lakh |
92.99% |
|
ICICI Pru iProtect Smart Term Plan |
18/65 years |
75 years |
Subject to Minimum Premium |
96.20% |
|
Kotak Preferred Term Plan |
18/65 years |
75 years |
25 lakh |
94.08% |
|
LIC eTerm Plan |
18/60 years |
75 years |
25 lacs |
98.19% |
|
Max Life Super Term Plan |
18/60 years |
75 years |
25 lacs |
96.23% |
|
PNB MetLife Mera Term Plan |
18/65 years |
75 years |
10 lakh |
92.90% |
|
SBI Life eShield Term Insurance Plan |
18/65 years |
70 years |
20 lakh |
95.70% |
Premium Payment Mode: Single | Regular - Yearly, half-yearly, quarterly, and monthly.
Term insurance offers flexible plan options to suit the need of every individual. You can choose:
The amount of preferred sum assured
Premium payment option which can be either one-time or regular.
Term of the policy
Add on protection
Term Insurance Plans are specifically designed to secure your family's core financial needs in case of death or uncertainty. According to the plan, family/dependents of the life insured is/are eligible for a lump sum amount in case of death or critical illness, if applied for, of the life insured and during the term of the policy. Such an insurance plan can help your family to have sound financial independence, even if you are not around.
Tax Benefits:Term life insurance plans come with excellent tax benefits. You can avail lucrative tax benefits under Section 80C and Section 10 (10D) of the Income Tax Act, 1961. Additionally, the premiums paid for the Critical Illness Benefit also qualifies for a deduction under Section 80D.
Note: Tax benefits are subject to changes in tax laws. Please consult your tax advisor for details.
Policy Term : The minimum policy term is 5 years, with the maximum varying from 25 years to whole life span for equated monthly premium payments. For single premium payment policies, the policy term is 5 to 15 years. People can opt for the term plan period they think works for them. Experts suggest going for a longer period term plan as the premium amount generally gets locked and the insured party gets to pay the same premium over the tenure of the term plan for the same amount of cover.
Plan Choice : Term insurance provides flexibility in terms of choosing the plan on single life basis or joint life basis. Single life means that the term plan will only provide cover for the life of the insured party who is generally the breadwinner of the family. A joint life term plan, on the other hand, covers the life of both the husband and the wife through a single term plan. Most term insurance plans offer the term plan on a first claim basis. This means that the term plan pays the sum insured on the expiry of either of the two insured people. There are also other term plans that pay on the death of both the insured persons.
Entry Age : To be eligible for term insurance plans, the minimum age of entry is 18 years, with a maximum age limit of 65 years with optional add on benefits. The premium of the term plan increases with age and people who are looking for a term policy for a longer period should opt for the best term insurance plan when they are relatively young. This will ensure they have a locked-in premium amount that does not change much most of these term plans.
Maturity Age : The best term insurance plans are those that offer cover well into the lifetime of the insured. Most term plans offer cover the insured to up to 65-70 years of age. Term plans that have a higher maturity age may also charge a higher premium rate as they offer a term insurance cover against life risks for a longer tenure. Also, the risks increase with age and this is reflected in the premium amount.
Survival Benefits : A standard term plan does not have any survival benefits. However, the demand from investors has meant that various companies have opted to launch term insurance plans with survival benefits. Called Term Return of Premium (TROP) plans, the term plan refunds the premium at the end of the term plan tenure if the insured person survives the period. The TROP plan is becoming popular with people who are looking for savings as well as insurance with their term plan. This term life insurance plan has a higher premium than the standard term plan but has the advantage of assurance that the policyholder will get back the premium he or she paid to the life insurance company for the cover. Investors should read the insurance terms and conditions carefully to ensure they know the amount of money they will get back as survival benefits. Check out the term insurance plan that meets your needs with our term plan comparison.
Death Benefits : On death of life assured during the term of the plan, the nominee or assignee, in case where the policy has been assigned to someone else, will receive the total/ assigned death benefit chosen at the time of commencement. Depending on the type of plan, the death benefit may stay the same over the whole tenure of the plan (standard term plans), decrease (decreasing term plans) or increase (increasing term plans). The insurers provide various options of payment for the termplan. These include a lump sum payment, lump sum payment plus an annuity that may be monthly, quarterly or yearly, or simply annuities that are spread over the agreed number of years.
Maturity Benefits : Term insurance plans don't come with any survival or maturity benefits. If one wants maturity benefits, then a TROP (Term Return of Premium) plan is suggested.Read more about TROP Plan here.
Additional Rider Benefits : Additional optional benefits such as critical illness and accidental death/ disability or Accelerated Sum Assured are also available. The benefits can be added to the term plan by paying an additional premium amount. The best term plan in India is the one that offers these riders at a comparatively lower price than opting for such cover through individual plans. Choose the additional optional benefits for your term insurance plan with our website. Use the term plan comparison features to shortlist the additional benefits you need.Some common term insurance riders are:
Company reliability : The company’s reputation and stability are very important in any sector of business especially life insurance for the customers to trust. The reputation in the household sector, the FICO score on their funds accumulated.
Expenses : We realize that costs have a vital role to play in term protection plans. Hence, search for plans with the least costs which leads to lower premiums in the same cover. Additionally, choose a company that provides discounted premiums to no smokers.
Convenience : Over the range of life coverage plans, one discovers the term plans online seeing the most extreme advancement. For one, price and by additional premium rates have been decreased significantly and this procedure is on.
Enhanced Cover : It is a special option provided by the online terms plans of specific insurers the chance to enhance their life cover at their critical situations of the life of the policyholder.
Claim settlement ratio : The proportion explains what numbers of settlements have been done per 100 claims. Hence, claim settlement proportion of 100% (exceptionally uncommon) implies the organization has settled each claim
Solvency ratio: The steadiness and financial goodwill of the insurance agency are dictated by its solvency ratio. It gives a clear picture whether it can make satisfactory pending claims and develop the business without becoming bankrupt.
Riders : The one that gives you all secured edges is the best term insurance plan for you. One approach to accomplish this is through riders. An insurance rider is an extra to the essential plan that offers advantages far beyond the subject of the policy some contingencies.
There are a number of term insurance plans available in the market from various insurance companies in India. All of these companies offer both types of online and offline term life insurance with each term policy having its own set of specific features that make it the best term insurance plan in the market 2016. To understand these plans we need to look at them a bit more in depth.
A standard life insurance term plan is one where the insured person gets a cover against various risks against payment of a certain premium amount. The most common term plan and generally also considered the best term insurance plan is the one that charges a yearly premium for an annual cover.
A term return of premium policy is a term insurance plan that refunds the premium paid for the cover in case the insured party survives the policy period. These plans are increasingly becoming popular as the policyholder gets the money they have invested in the term insurance plan at the end of the policy period.
These termplans also give the insured the option to add on riders that they feel are essential. These riders add to the premium of such a term plan just like any other standard life insurance term policy.
Group term insurance policies are term insurance plans that are specially designed for businesses, companies, societies, associations or large families and provide term plan insurance cover for all the members of the group. These policies provide the same set of benefits that an individual term plan offers but the overall coverage is generally more in terms of illnesses or other factors that are generally excluded in the individual policies. Most of these policies are offline as each policy is generally customised to suit the needs of the group taking the policy.
Insurance companies also provide term insurance plans for a specific number of years. These term plans are called level term plans in industry parlance as the nominees receive the same level of death benefit if the worst comes to pass during the tenure of the term policy. However, some companies also provide decreasing term options.
The amount of premium to be paid each year in these term plans generally remains the same throughout the whole tenure of the policy. In some instances, term insurance companies may increase the premium every few years for some longer term insurance plans. These term life insurance plans can range from 5 years to 30 years . The policyholder can further renew the plan for an additional period of the same tenure, subject to him or her meeting the conditions laid down under the plan for renewing the term policy. The level term insurance plans do not generically provide a maturity benefit as the focus is to keep the premium low.
5 Year Term Insurance Plans: In a 5 year term insurance plan the premium remains the same throughout the period of five years and the term insurance buyers have the option to pay the premium monthly, quarterly, half-yearly or annually. Some term insurance plans may provide a higher death benefit for annual premium payment than for say the other periods, say a month.
The half yearly premium payments together are lesser than the quarterly ones, which are in turn lesser than the total of the monthly payment amounts for the term insurance plans.
The 5 year term plan is suitable for:
Individuals who have short-term financial goals.
People who are retired and want an additional cover for five more years.
Citizens with lower premium potential.
10 Year Term Insurance Plans: A 10 year term insurance plan is a standard term policy that can be taken for a decade. The reason is the longer period of insurance cover.
As with other such types of term plans, the premium for the policy generally remains the same throughout the period of the plan. The term plan insurance companies offer different premium payment options from single premiums to annual, half-yearly, quarterly and monthly premium amounts. Generally the single premium amount is lower than the total of the annual premiums, which in turn is lower than the total of the premiums paid through the other modes of payment.
A 10 year term plan is ideal for:
Long term coverage and future financial stability for family.
Future financial responsibilities.
Planning for the retirement years till 60 years of age.
20 Year Term Insurance Plans: The 20 years term insurance plans provide a life cover for a period of one score years. The premium for these plans is generally higher than that for say 10, 15 or 18 years.The premium stays stable throughout the policy period and may have only marginal increases, if at all. In practical terms it means that the total premium that the person pays for the entire 20 years is actually less than what they would pay if they take a 10 year policy and then renew it again for another decade.
The 20 year term plans are ideal for:
People looking for for long term coverage.
Post retirement planning to meet living expenses.
Lower premium rates with higher coverage.
Decreasing Term Insurance Plans
The decreasing term insurance plans are renewable term plans where the cover and the premium decrease over the tenure of the term policy. These plans are mostly used by banks and financial institutions who cover their risks against the mortgage or home loan given to their customer by bundling the term plan along with the loan. The term plan ensures the bank or financial institution will get its money back in case the worst comes to pass. Since the loan amount due decreases each year with payment of the EMIs,
Increasing Term Insurance Plans
The cover and the premium increase over the overall tenure of the renewable plan. This term plan helps to cover against risk from rising inflation costs that may affect the real value of the death benefits that the insured individual’s family would receive. The cover under these term plans rises at a pre-specified rate and keeps increasing until the overall value of the cover is 1.5 times the original cover under the term policy.
A convertible term plan a saving cum insurance plan which allows the insured to switch later to an endowment policy or a whole life assurance plan. Some companies may offer this plan as a rider to a term plan which means that the individual pays for the term cover as well the rider to be given the option to be able to convert the term policy later to an endowment or any other such plan.
A joint term insurance plan works out to be cheaper than buying two individual term insurance plans. Moreover, the features and benefits remain the same, ensuring both the members get the same advantages of the plan.
These policies are ideal for a couple with children as it will ensure the dependents will not have to worry about their future if the unfortunate comes to pass and both parents pass away.A joint term insurance plan is the best option to go with as it also provides insurance cover for the surviving spouse.
Offline term plans are those that are sold through traditional methods such as through an agent or a branch, while online term plans refer to term insurance plans that are sold over the internet. Term insurance providers offer an online term plan at a significantly discounted rate than the offline plan. The primary reason for this is the lack of any intermediaries such as the agent or the branch between the policyholder and the insurance company for an online term insurance plan.
People could now buy online life insurance at the click of a mouse in a few minutes.Research shows that an online term insurance plan may be cheaper by as much as 40% in some cases than the offline plan that offers the same features and benefits. There are various reasons for the low premium in an online term insurance policy. For instance:
No commission to be given to agents in online life insurance.
Well-informed decision, since the online term space gives a lot of scope to compare the choices.
There are quite a few online life insurance plans that may suit your requirements. A smart way to look at online life insurance plans is to compare term insurance plans side by side and pick the term plan that makes sense. Choose your online term insurance plan using our term plan comparison options.
Your search for the best online term life insurance plans ends at PolicyBazaar. We help you compare term insurance plans available in India by offering lowest term insurance quotes. We also let you compare plans based on features, coverage, etc. Just fill in your basic details like age and annual income earned. Thereafter, we will not only calculate the amount of term insurance you need but also choose the best plans from top insurers. All you have to do is to compare them side by side on parameters of premium, amount of coverage and additional benefits. Thus, you will make an informed choice and buy the policy hassle-free. Get started right away!!
What is life insurance?
Life insurance is a contract between the insurance company and the policyholder. In return for a premium, insurance company agrees to pay a particular amount to the policyholder or his/her beneficiary on the happening of certain events like death of the insured, critical illness and personal disability.
What is term insurance?
Known as a pure life cover, term insurance is the cheapest and simplest form of insurance. It is a pure risk cover and is determined by the sum assured. On the demise of policyholder, this pre determined amount is paid to the nominee.
Which are the traditional life Insurance instruments available?
Traditional Insurance products consist of Term Insurance, Term with Return of premium, Endowment, and Whole Life Policies. The cash value increases every year as you pay the premiums under these policies. Some traditional life insurance policies are participating, that means they offer bonus and dividend to their customers.
Why should you buy term insurance?
The need to buy term insurance varies from one individual to other, but the most common benefits which influence a person decision to buy a term insurance are as follows-
Secure your family- If you are the sole earner of your life, buying term insurance is indispensable for you. Term insurance offers monetary assistance to your family after your death. It means there would be no monetary burden on your family and they could carry on their normal lifestyle even if you are not around.
Safeguard against liabilities- In today’s time, we take a lot of liabilities to buy our home, new car and for meeting other expenses. Many of these liabilities are usually paid over a period of time (loans repayments). However, if something happens to you, responsibility of repaying liabilities falls directly on your family. A term insurance helps your dependents to manage your financial obligations.
Cost-effective- Term insurance plan is cheap. For instance, a risk cover of Rs 30 lakh for a male age 30 years can be as low as Rs 3000/year.
Tax benefits- Term insurance is a great tax saving instrument. By investing in plan, you will get deduction under Section 80C & 10(10D) of the Income Tax Act, 1956.
Additional protection options: Many term insurance plans comes with additional cover options in the form of riders such as Critical Illness, Accidental death or disability, Hospital cash etc. It’s easy to appreciate the need of these benefits with our current lifestyle habits.
How much risk cover should I bought?
How much risk cover you should buy primarily depends on your annual income. The general thumb rule says that risk cover should be 10 - 15 times of your annual income. It means if you are earning Rs 4 lakh/annum then you should buy a term cover of at least Rs 40 lakh. The idea is to arrange for self sustainability of dependents so that life style can be maintained and future needs could be settled after the demise of a policyholder.
This also depends on the age. Younger age people should and can buy higher cover – up to 25 times. This is because their dependents will take a longer time to be on their toes.
Should I buy a life insurance policy even if my employer has already covered me under group policy?
Yes, it is always advised to buy individual life insurance policy even if you are covered under a group policy because:
The amount of insurance you are covered for in the group policy may not be enough.
If you leave your job, you may no longer be covered under the group policy.
If you employer decides on cost-cutting then you run the risk of losing on the benefits of the insurance coverage.
As you age, the premiums are much higher & so is risk. If you decide to buy it later, you will end up paying higher amount. Insurance companies take extra precautions as well.
What documents will I need to buy term insurance plans?
Documents you need are:
Age proof (Voter’s ID card, Passport, Driving license, etc.)
Address proof (Voter’s ID card, Passport, Utility bills, etc.)
Photo identity proof (Passport, Voter’s ID card, PAN card, Driving license, etc.)
Recent passport size photographs
Income proof (Salary slip, Form 16, ITR etc.)
Some insurance companies might need specific documents apart from these.
What are the benefits of buying term insurance online at PolicyBazaar?
Buying online at PolicyBazaar is always advised. You can find a most effective plan by comparing all available options on a click of the mouse. When you buy insurance at PolicyBazaar, you make substantial savings because policy is directly sold to the person without the involvement of agent.
You can also upload all documents online and submit them to the insurer. There are various insurance policies which can only be bought online like SBI eShield, HDFC Click2Protect, ICICI Prudential iProtect etc. When a company specifically designs a product for online market, distribution cost is saved and the benefit is transferred to the policyholder. It is a general observation that the claim experience has been better for online customers.
Moreover, you can even compare different insurance policies online to see which plan suits you most. By entering basic details like name, age and type of policy intending to buy, you can get free insurance quotes on a click of the mouse.
What are the tax benefits on life insurance?
Life insurance is one of the most preferred investment avenues in India as it helps in tax planning. Following are the tax benefits one can avail by taking life insurance:
Premiums paid for all life insurance policies are exempt from tax up to a maximum of Rs 1.5 lakhs under Section 80C of the Income Tax Act, 1961.
The life insurance proceeds are not taxable for the deceased’s family under section 10 (10D).
What are the maturity benefits of term plans?
There is no maturity benefit attached with the term plans. Term plans will pay your beneficiary only in case of insured’s death. However, if you survive the term, nothing will be paid.
Term with Return of Premium option has maturity amount attached. Generally it pays back the premium on survival till end of policy term. Few plans add a certain percentage of interest on the premium. These plans are however costly.
What are the riders available in a life insurance policy?
Bought by the policyholder, riders are supplementary benefits added in the life insurance policy. However, you need to shell out extra money to get life insurance riders. Like insurance policies, premium paid on riders also give you tax benefits as per prevailing tax laws.
Various options of life insurance riders available in the market are-
|
Rider Options |
Coverage |
|
Term rider |
Additional life cover at a lower cost |
|
Accidental death benefit and partial/total disability benefit rider |
Pays in case of death or disability due to accident. On disability, a certain defined percentage is paid out. |
|
Waiver of premium benefit rider |
Future premiums are waived off on certain conditions. Most common being – Disability due to accident or illness etc. |
|
Critical illness benefit rider |
Pays a sum on occurrence of listed/ specified critical illnesses |
|
Hospital cash benefit rider |
Pays daily cash in case of hospitalization. |
|
Income benefit rider |
Pays monthly/ yearly income to nominee/family on death of policyholder |
|
Women specific rider |
Generally covers for critical illnesses specific to women. |
For how long should I buy term plan?
Term insurance plans are beneficial if they are bought for the longest duration possible. An insurance policy should cover the person till the age he intends to work. Also, late marriages and children at a high age mean responsibilities do not end at 60 years, which was earlier considered as a retirement age. Our financial experts at PolicyBazaar believe that a person needs coverage at least till 65 years, though it may vary as per circumstances. You should go for plans that offer you flexibility of fixing the tenure. For example, a businessman might have planned for extended earning years and therefore, it makes sense to buy income replacement plan.
When will my life insurance coverage start?
Your life insurance coverage will start only after the acceptance of your proposal form. Insurer will send a written confirmation regarding this. Policy kit is also sent across by the insurer.
Can I avail loan on term insurance plans?
No, you can’t avail loan on term insurance plans because these policies do not have maturity benefits.
How can I change my communication address?
You can get the changes done by visiting the branch office of your insurance company. A written communication is required. This can also be done via registered email id in case branch is not easily accessible. Few insurers allow the change through the customer portal.
Can I switch my term plan from one company to another if I get better benefits under other plan?
Term insurance portability is not yet available and hence one cannot switch from one insurance company to another but you can surrender your policy and buy a new plan with desired benefits. However, surrendering a term policy is not recommended because that will cost you a lot as the entire premium paid towards current plan will lapse without any return and the new policy which you will buy come at high cost since your age has increased.
In such a case, it is advised to continue with your current policy and buy another policy after declaring your current insurance plans, thus availing benefits of both the plans. For the plans bought offline, one can consider closing them down after analyzing cost difference. Generally online plans will be way cheaper with the age factor as well.
Will the term plan cover me if I am travelling abroad for business/leisure purpose?
Yes, term plan covers an insured even if he/she travels abroad for business/leisure purpose. However, if any such trip is scheduled at the time of buying the policy then the same should be mentioned in the proposal form.
What is sum assured?
Sum assured is usually referred to as the amount of insurance in a policy. It is the amount that would be paid to the nominee in case of death of the policyholder. Sum assured plays a major role in deciding premium rates of a policy.
Few policies also pay additional cover along with sum assured. This increases total life cover for the same sum assured.
Can I increase or decrease value of sum assured in future?
Once a term plan has been bought, you cannot.
Slightly unrelated, there are a few plans which have increased income facility in their structure. It means, these plans offer the benefit of monthly income increase every year. For example, HDFC Click2Protect Plus Increasing income, Max Life Increasing Monthly Income Plan, etc.
What is a premium paying term?
It is a term during which a policyholder pays premium to the insurance company.
What is death benefit?
The amount received by nominees at the time of death of a policyholder is called death benefit.
Who is a proposed insured?
A proposed insured is a person whose interests are safeguarded by insurance company. For instance, if you are an individual whose life is going to be covered under the insurance policy then you will be called proposed insured.
Is a pregnant lady covered in life insurance policy?
A pregnant lady is not covered if claims fall under exclusions of pregnancy clause imposed by the insurer at the time of issuing the policy. Also it will not be covered if non-disclosures are found with regard to pregnancy related questions (history of miscarriage, abortion, ectopic pregnancy) at the time of proposal.
If a pregnant lady wishes to cover under life policy, insurer can ask her to apply for it 3 months after delivery. However, this clause is not applicable if a pregnant lady is already covered under a plan.
What if I become an NRI after purchasing term insurance plan?
Your term insurance plan coverage will remain active even if you become an NRI post policy issuance. It is good to keep the insurer informed about the change in status though.
Are there any benefits of buying insurance at an early age?
Yes, buying insurance at an early stage would entitle you to a lower premium on the policy. The earlier you buy an insurance policy; the lower will be your premium amount. Also, chances of getting a policy are higher because of your good health.
How does a life insurance company evaluate my risks?
The life insurance company’s decision to insure your life or not relies on the information you provide in the application form. The evaluation of your risk is determined by several factors such as your age, habits, occupation, and medical history. If you have any pre-existing medical condition then the insurer will raise the premium of the policy. The increase in premium is subject to the actual medical status of the policyholder and risk posed to his life.
Do term plans cover death due to natural disaster?
Yes, term plans cover death due to natural disaster, like flood, earthquake, storm, etc.
Does insurance company cover death due to terrorist attack?
Yes, death due to terrorist attack/war/natural calamities is covered in insurance policy (unless specifically excluded by insurance company) and claim is settled if documentation is in order.
What are the exclusions of term insurance plans?
Term plans does not pays death claims if death occurs due to suicide within first year of policy issuance or within first year after reviving a lapsed policy.
Who is a preferred non-smoker and how is an individual declared as preferred non-smoker?
Non-smoker refers to a person who does not consume tobacco in any form. Preferred non-smoker is the one who does not have any pre-existing medical conditions at the time of signing the policy. Below are the situational requirements to fall under this category:
No use of tobacco or nicotine-based products in last 12 months
Cholesterol level not exceeding 280, with or without treatment
Blood pressure not exceeding 152/92, with or without treatment
No cardiovascular or cancer death of more than one parent before age 60
These customers generally fall under non-medical category – depending on their age. Preferred rates are applicable for this category if there is any differentiation by the insurer.
What's the big deal behind taking a life insurance policy?
