Life insurance term plan

If you are one of the thousands of knowledgeable people who have realized the need to buy term cover to protect your family from any financial hardships, as a next step you would be contemplating buying the term cover. We will help you understand various channels, which can help you, procure this valuable cover. Various channels to buy term insurance policies In order to increase penetration of Insurance the regulator of insurance sector, IRDA (Insurance Regulatory and Development Authority) has allowed various entities to source the policy. These entities could range from large bank to your insurance agent next door. There could be some merit and demerit in using these channels. Insurance...

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Insurance Deciding to get life insurance is a big choice, made even bigger by the fact that there isn’t just one uniform type to choose from. The one you’ll need will depend on your circumstances and what, exactly, you want your life insurance to achieve for your loved ones once you’re gone. While there are different types of life insurance and different ways to acquire them (e.g. through an employer group plan or an individual plan), each one falls under one of two umbrellas: term life insurance and permanent life insurance. Let’s break down what each type is all about and who they’re best intended for. Term life insurance Term life insurance provides temporary protection, as the name...

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