Term Life Insurance

  • For term insurance policies, the beneficiary can avail the lump sum only if the policyholder dies during the policy tenure. After the maturation of the policy, the insurance company is not liable to return the premiums paid. It is a pure life cover with no maturity benefits.

  • They do not include cash value, which explains why they are more affordable than other life insurance plans.

  • One of the most traditional insurance plans, they are very reasonable and, therefore, easily accessible for everyone. A small annual investment towards a term plan makes the policy beneficiary eligible for a high lump sum amount as life cover and financial security on the unexpected death of the policyholder.

  • Life insurance companies in India generally offer term life insurance policies for tenures of 10 or 20 or 30 or 40 years.

  • One of the primary benefits of these plans is that they may come with a built-in option that enables the policyholder to convert them into permanent life insurance plans.

  • It offers applicants to select the sum assured / premium amount and premium payment frequency - annual, semi-annual, quarterly to monthly, as per his/her convenience. The total premium amount can be paid in the form of a lump-sum as opposed to payments at pre-determined intervals.

  • A term policy is suitable for policyholders who do not expect to get a return for the entire premium payment after maturity. Opt for a term life insurance from a company with a high claims settlement ratio, so that you are assured that your beneficiary can claim without hassles, in your absence.

Mon - Sat 9.00 AM - 6.30 PM

Sunday Closed


Hyderabad, Telangana,500016