Every
individual looking for an insurance policy comes with a major motive of
safeguarding his loved ones financially under an event of sudden demise. It is
also usually supplemented with tax exemption and investment benefits.
However a term insurance plan is a pure form of
life cover and doesn’t really comprise of any investment benefits. It provided
affordable life covers option with low and flexible premium payment
feasibility.
.png "Term Plans of Different Life Insurance Companies") |
| Term Insurance Plans of Life Insurance Companies |
Let us look
at some of the financial institutions offering you with a term insurance plan:
If you want your
family to carry on with the same lifestyle even after your sudden demise, then AEGON Religare’s iterm plan is always
there for your rescue. It completely deals with all your concern and comes with
a protection for your loved ones at a very nominal cost. You can avail a cover
of Rs 1 crore for your loved ones with a premium of Rs 6,200 per annum. You can
also avail some additional benefits by paying a little extra on your premium.
Bharti AXA
Life’s e-protect term plan helps to safeguard your family, and at a very
nominal cost. However this policy doesn’t really come with any additional
riders.
Save the
time and efforts in safeguarding the future of your loved ones by buying a life
cover online. Aviva’s i-life is a pure life cover plan with a nominal premium
of Rs 7, 368 per annum.
HDFC Life
believes in being at your service at just one click. Click2Protect term
insurance plan from HDFC is a quick and simple solution that provides a high
cover at very nominal cost.
Kotak’s
e-preferred term comes with the feasibility of buying it online. However it is
comparatively high on premium of Rs 10, 825 when compared to others in the list.
Also it really doesn’t come with any added benefits.
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