What is a term insurance plan?
Term insurance is the most basic and cost-effective type of life insurance. It offers financial protection for the family of the life insured in return of a set amount of premium payment made for the given duration. A death benefit is provided to the insured's family in the event of the insured's death during the policy term. This plan secures your family's needs in the event of your unfortunate demise while offering high coverage at affordable premium prices.