Provides coverage at a fixed rate of payments for a limited period
of time. If the life insured dies during the term,the death benefit will be paid to the beneficiary. Term insurance is the least expensive way to purchase a substantial
death benefit that provides full protection and financial stability to your loved ones
in case of any unforeseen events. Term life insurance ensures that your family receives a large lumpsum amount, called the sum assured, in the unfortunate event of death of the policyholder.
By offering this benefit at extremely competitive rates, Term insurance plans provide an opportunity
to get the protection of high insurance cover at extremely affordable prices.