FAQs

Life Insurance

10 Jan 2019

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"Term insurance is a pure protection plan. It is purely a life cover providing a death benefit coverage.
As the name suggests, term, it covers the life insured for a period (term). The proposer decides the term.
It can be taken for a period of 5 years to up to 40 years. However, the term is also guided by the present age of the proposer.
Types of Term Insurance: -Level term insurance.
-Increasing sum assurance
-Decreasing sum assurance
-Return of premiums term insurance "

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