Online term of life insurance

Max Life Online Term plan plus The amount of sum assured that you determine while buying a term insurance plan may not be enough to secure the future of your loved ones. Moreover, it is possible that your nominee(s) may not be financially literate to make optimum use of the assured death benefits received in a lump sum. Also, while the lump sum death payouts may be used by the nominee(s) to pay off lingering loans and debts, it is important they have something in hand to meet their monthly operational expenses. This is where customers may consider Max Life Insurance Company’s Online Term Plan Plus as this term insurance plan ensures an increasing monthly income in addition to the basic life...

Continue reading...

Looking for the top 5 best term insurance plans in India in the year 2020? This detailed blog post lays down a framework to evaluate all 24 insurance companies offering term insurance plans in India right now and selects the top 5 best companies out of these 24. But first, let’s understand what is term life insurance and why you should buy an online term plan? A. What is term life insurance? Term life insurance, popularly known as the term plan, is the simplest form of life insurance available in India. It’s a pure risk mitigation tool with no component of investment attached to it. You pay a premium to the insurance company for a pre-defined time duration (say 35 years). If something...

Continue reading...