Why Term Insurance

Why Term Insurance..?

Large cover at affordable rates and your premium remain fixed for the entire policy duration.
Bills don’t stop when the pay check stops, Term Insurance helps during your uncertain tomorrow.
In case of Permanent Disability due to accident, all future premiums are waived off, and the life cover continues for the remaining policy duration. This benefit comes in-built in your policy without any extra cost.
Builds an asset the minute you contribute your first premium unlike other Financial Instruments.
Term Insurance offers Financial Freedom, filling the absence of the bread winner due to uncertainty.
Life stage benefit gives you an option to increase the cover after marriage. Additional premium will be calculated based on the increased life cover without any medicals and remaining policy term as per your age at the time of each such increase.
Ensures the dignity of your family is not at stake.
Terminal Illness are not only life threatening but can also spell financial ruin. This benefit helps you fight those illnesses by paying 100% of your life cover amount before death. Some policies cover aids as well. This benefit comes in-built in your policy without any extra cost.
A powerful tool which helps in creating contingency fund in the need of the hour.
Critical Benefit option gives full claim pay-out on the first diagnosis of illnesses like cancer, heart attack, kidney failure and many more. No hospital bills required. Future Premium burden gets reduced in case of payment under critical illness, thereby savings which can be utilized for other priorities.
Premium paid and benefits received are eligible for tax benefits under section 80C and 10(10D).
Accident Death Benefit Rider ensures your family need not liquidate the existing assets to meet emergencies but safeguarding at a very minimal premium.
Your child has every right for a good education Term Insurance provides you the authorisation to ensure that right.
Acts a Trust if there is an absolute assignment in the form of Married Woman Property Act (MWP Act). No authority is liable to attach this property in case of outstanding dues.
Leave an Estate for the loved ones. Even if all your investments fail in your absence, the Death Benefit safeguards their future sustaining same same standard of living.
To be underinsured is the greatest gamble you could take. If you lose, it’s not you but your family pays. Term Insurance protects your family from your debts.
If you are businessman and keen for succession planning, Term Insurance assures your aspirations come true.
You are worth much more than you think. Option to enhance Life Cover at important milestones because your family aspirations are your commitment.
A perfect Tool to create Contingency Fund for partnership firms in case of demise of a Partner to settle the Partner’s Share. Great Tax Benefit Tool for partnership firms.
Great Tax Benefit Tool for an organisation if opting Key Person Insurance for all the Key people. Addresses the need of Replacement Cost, should the key person or persons of an Organisation have insured and on their demise.
Term Insurance offers peace of mind, dignity, respect, confidence and happiness. All in the same package with protection.