Fixed term insurance plans

Types of Term Insurance Plans

If you are planning to buy a term insurance plan, the chances are quite high that you must have gone through a number of options that claim to provide you with plethora of benefits. And it is sure to confuse even the most seasoned of investors. During the last decade, the insurance industry in India has broadened rampantly and several insurance companies have introduced a wide array of term insurance plans to meet the customer needs. Term insurance plans are one of the most basic and traditional forms of life insurance. These are basically protection plans that are designed to protect one’s family against unforeseen circumstances by offering financial security to manage their expenses if...

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