Know what you are buying! Before you make your mind about your policy, it is recommended
to go through our FAQs to understand the different aspects of a term insurance policy.
What is Term Insurance?
Term insurance is a pure life insurance product that acts as a protection plan by providing sum assured on the death of the life insured. Also,there are no benefits payable in case the life insured outlives the policy period.
What is the ideal policy term I should select?
Your policy terms should be based on your nature of work and liabilities. However, it is recommended to select a policy terms till your retirement or a few years post that i.e. typically till the age of 65 or 75.
What are the exclusions under a Term Insurance policy?
Suicide within the first year of the policy term, drunk and drive accidents, and abuse of drugs are some of the most common exclusions under term insurance plans.
What documents do I need while buying a Term Insurance plan?
List of documents which are required while buying a Term Insurance Plan are:
Age proof, address proof, photo identity proof, income proof, medical reports and a few recent passport size photographs.
Which is the best Term Insurance plan in India?
Finding the most-suitable term plan requires careful analysis of one’s needs and study of all the policies available in the market. No two products in the market are alike - each of them will have different features, benefits and costs. Difficulty making a choice? Call us at 8655986559 for expert advice and guidance.