Have you ever wondered how your family would manage if you were not around to look after them? Though we would like to be there for our loved ones whenever they need us, such matters are not always in our control. You have worked so hard until now to support your family. Would you want it all to go away because of one lapse in judgment? If not, then you must get yourself insured. A term insurance plan can be the reliable safety net you are looking for. A term insurance policy ensures your family is well taken care of financially in case of your sudden demise. You pay a small premium every year for a certain period of time to buy a ‘life cover’, and if you pass away during this time, your family is paid the amount promised to you by your insurer. We understand that everyone’s needs differ, which is why we have designed different types of term plans. Have a look at your options and choose the one that fits the bill.
This plan ensures protection for your loved ones - at a fraction of the cost.
- A cover of 1 Crore for only Rs 8,100* p.a.
The above premium is for a male 33 years old, non-smoker for a term of 20 years.
- Only term plan with a terminal illness benefit.
On diagnosis of any Terminal Illness, 25% of the base sum assured will be paid (max.of Rs.100 lacs) & the base sum assured will be reduced by an amount equal to the benefit paid under this clause.
- Covers all forms of death, even terrorist attacks.
Exclusion: In case of death by suicide during the first policy year, or within one year from the date of reinstatement, no death benefit is payable.