A term insurance plan helps secure your family financially in case you die during the policy term. Besides, the tax benefits on offer would help raise your in-hand salary. Flexibility in term insurance payment offers, affordable premiums only make your term insurance journey rewarding. Check out this post below and know about term insurance & its advantages below.
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Term insurance is a contract between the policyholder and the insurance company where the latter agrees to pay a handsome amount should the latter die during the policy term.
The following are the benefits that a term insurance policy provides you –
Affordable Premium
High Sum Assured
Easy to Understand
Multiple Payout Options for the Beneficiary
Additional Rider Options to Strengthen the Term Insurance Policy
Income Tax Benefits
Critical Illness Coverage
Accidental Death Benefit Coverage
Return of Premium Option
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