TERM INSURANCE

Term Insurance is a pure life insurance policy that provides financial protection to your family in case of your untimely death during the policy term.

WHAT IS TERM INSURANCE?

🧾 Key Features:

✅ High coverage at low premium

✅ Fixed term (e.g., 10, 20, 30 years)

✅ Death benefit only (No maturity benefit)

✅ Tax benefits under Section 80C & 10(10D)

💡 Why Should You Choose Term Insurance?

✅ 1. Financial Security for Your Family
✅ 2. High Coverage at Low Premium
✅ 3. Covers Major Liabilities
✅ 4. Tax Benefits
✅ 5. Peace of Mind

TYPES OF TERM INSURANCE

🧾 1. Level Term Insurance
🧾 2. Increasing Term Insurance
🧾 3. Decreasing Term Insurance
🧾 4. Return of Premium Term Insurance
🧾 5. Convertible Term Insurance