AMFI registered Mutual Fund distributor

Term Insurance

Term insurance is a type of life insurance that providescoverage for a specificperiod of time or years. This type of life insurance provides financial protectionto the nominee in case policyholder dies during thepolicy term. TermInsurance policies provide high life cover at lowerpremiums. For eg: Premiumfor ₹ 1 Cr Term Insurance cover could be as low as₹ 490** p.m. These fixedpremiums can be paid at once or at regular intervalsfor the entire policy termor for a limited period. Premium amount varies basisthe type of the premiumpayment method opted by the buyer.


High Life Insurance Amount at affordable premiums: TermInsuranceplans provide a large amount of life insurance coverat an affordablepremium. This cover can compensate for several yearsof lost earnings.

Cover Against Critical Illnesses: Along with providinglife cover, anew-age term plan like ICICI Pru iProtect Smart alsoprovides protectionagainst critical illnesses. For a small additionalpremium, Critical IllnessCover provides lump-sum payments when a critical illnesslike a heartattack, cancer, kidney failure etc. is first diagnosed.

Support In Case Of Disability: In new-age Term Planssuch as ICICIPru iProtect Smart, the insurance company pays yourfuture premiumsin case of total and permanent disability. As a result,your life insurancecover continues even if you are unable to pay premiums.

Additional Security: To increase the security of yourfamily, a Term Policyprovides additional pay-out (up to `2 crores) in caseof an accidentaldeath+. For example, if your life cover is `1 crore,a Term Insurance Planwith Accident Cover pays `2 crores to your familyin case of anaccidental death+

Tax Benefits: Term Insurance plans offer tax benefits^^on premiums paidup to `46,800 under Section 80C. New-age Term Planswith criticalillness cover also offer additional tax benefits onpremiums paid up to`7800 under Section 80D. You also get tax benefits^^subject toconditions under Section 10(10D) on the money thatyour familyreceives in case of an unfortunate event

Request Call Back
Contact Form

Request A Call Back

Consultancy for Claim Settlement without any Fees
Chartered Financial Goal Planner Term Insurance Accidental Insurance Health Insurance Child Education Planning Child Marriage Planning Retirement Planning Life Insurance Mutual Funds SIP Demat Account Consultancy to NRI client for Investment Anniversary Planning Wealthy Retirement Life Financial Independence Travel Insurance Contractor All Risk Policy/Erection All Risk Industrial All Risk (IAR) Fire Loss of Profit (FLOP) Customizable Policies