A term plan is pure life cover. For a modest annual premium, your family receives a large sum if you are not around, which makes it the foundation of most financial plans.
What this section covers
- High life cover for your family
- Affordable premiums
- Financial support in your absence
- Flexible policy terms
- Ideal for young earners and families
Who should consider term plan?
- Young earners who want to lock in low premiums early
- Parents whose children depend on their income
- Home-loan holders who want the loan cleared if the worst happens
- Self-employed people without employer benefits
- Anyone replacing a savings-type policy that gives too little cover
Explore this guide
Features & benefits
Read →Types of plans
Read →Eligibility & underwriting
Read →How to choose
Read →Mistakes to avoid
Read →Claim process
Read →Documents checklist
Read →FAQs
Read →Key terms
Term insuranceSum assuredClaim settlement ratioRiderNomineeMWPA policy
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Life Cover Calculator
How much life cover does your family need? Income, loans and goals in one estimate.
Open calculator →Insurance Gap Checker
A quick protection score across life, health, critical illness and accident.
Open calculator →Emergency Fund Calculator
How many months of cushion you should hold.
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