Maximum Life Cover. Minimum Premium. Total Peace of Mind.
Term Insurance is a pure life insurance plan that provides a high life cover at a low cost that pays a lump-sum amount to the nominee if the insured person passes away during the policy term.
Level Term Plans
Fixed sum assured throughout the policy term
Decreasing Cover Plans
Ideal for loan and liability protection
Increasing Cover Plans
Cover increases over time to match responsibilities
Term Plans with Riders
Accidental death, critical illness, waiver of premium
Frequently Asked Questions
What is term insurance?
A pure life insurance plan that pays a lump sum to your nominee if you pass away during the policy term.
Why is term insurance important?
It protects your family’s income, lifestyle, and financial goals in your absence.
How much life cover should I take?
Typically 10–15 times your annual income, adjusted for loans and future obligations.
Is term insurance expensive?
No. It offers very high cover at a relatively low premium.
Does term insurance have maturity benefits?
No. It is a protection-only product focused on risk cover.
Can I add riders to my term plan?
Yes. Common riders include accidental death and critical illness.
Is term insurance tax-efficient?
Yes. Premiums and payouts are eligible for tax benefits as per prevailing laws.
What happens at the time of claim?
The nominee receives the claim amount, subject to policy terms.
