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:

βœ… High coverage at low premium

βœ… Fixed term (e.g., 10, 20, 30 years)

βœ… Death benefit only (No maturity benefit)

βœ… Tax benefits under Section 80C & 10(10D)

πŸ’‘ Why Should You Choose Term Insurance?

βœ… 1. Financial Security for Your Family
βœ… 2. High Coverage at Low Premium
βœ… 3. Covers Major Liabilities
βœ… 4. Tax Benefits
βœ… 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