Term Insurance

The idea of talking about the financial consequences of one’s death with one’s life partner is sticky and unappealing to many. This stems from the lack of awareness in our society regarding the extremely difficult financial situation our spouse falls into as a result of the death of the other spouse.

One peek at your Aarogya Setu app will inform you that across India, nearly 75 lakh cases of COVID-19 have been confirmed (as of Oct 19, 2020). Out of this, almost 1.2 lakhs have succumbed to the dreaded corona virus. But, it gets worse…

The novel coronavirus COVID-19 has been in the news a lot lately. With the global outbreak, positive cases in India emerging at a steady rate, and the fact that there is still no cure, it is a cause for grave worry.

The New Year is almost upon us! 2020 is sure to be full of potential and purpose for you and your family! We are sure you have great plans for the New Year as well as for your life, in general.

Our views of life and wealth keep changing with the times. The Maruti car that you bought in 2005 because it was so fashionable at that time will never be bought by you again in 2020.

Every smart Indian realizes the crucial role a term plan plays in their financial portfolio. There is no product quite like it in the market. For a sum as low as Rs 450 a month, you can be covered for Rs 1 crore for a term of 30 years.

As the reader knows, typical term insurance plans are pure life plans. The pay-outs are given to the nominee on a single condition, that is, if the policyholder passes away while the policy is active. This means that if you own a term plan, claim can only be filed if you are no longer with your family.

When buying Term Insurance, include the Personal Accident and Critical Illness riders along with it, suggest the experts on the OneInsure Research Desk. Read on to know why.