Insurance; Investment & Income | Udyam Regd No. OD-04-0000085; T.L.NO. 043513 | IRDA Regd No. 01311156, RLH20544890, ILG46887, ACH923, E802673

Term Insurance (Pure Life Cover)

Life Insurance Available
Term insurance is a straightforward and affordable life insurance product designed to provide financial security to your family in the event of your untimely demise. It offers a high sum assured at a low premium, ensuring that your loved ones are protected from financial hardships. The policyholder pays regular premiums, and in case of death during the policy term, the nominee receives the sum assured. Term insurance is ideal for individuals who want pure life coverage without any investment component.

About This Service

Mr. Sharma, 35 years old brought a Term Insurance  – Level Cover Option for a Sum Assured of Rs. 1 crore.

He chooses a Policy Term of 50 years and Premium Payment Term of 50 years.

Unfortunately, he dies during the 25th Policy year. His Nominee is paid a lump-sum equal to Rs. 1 crore and the Policy terminates.

At the inception of the policy, the policyholder has the freedom to choose the sum assured, policy term, premium payment term, and mode of premium payment. The maximum maturity age allowed is 85 years.

Key Benefits

Affordable premiums

High sum assured

Tax benefits under Section 80C and 10(10D)

Who This Service Is For

Individuals with dependents

This service is specifically designed for individuals with dependents looking to achieve their financial goals.

Young professionals

This service is specifically designed for young professionals looking to achieve their financial goals.

Breadwinners of the family

This service is specifically designed for breadwinners of the family looking to achieve their financial goals.

Ready to get started?

Our financial experts are ready to help you achieve your goals.

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