Protect Your Life and Health at Just Rs 410

A life insurance helps provide financial safety to your dependents at affordable premiums. You can avail a base term life insurance at just Rs 410 a month with a sum assured of 1 Crore.

With these online term insurance plans, you can secure your family by paying a small premium for a fixed tenure. The life cover protects your family on an untoward demise.

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Protect Your Life and Health at Just Rs 410​

What is Online Term Insurance?

Online term insurance is cheaper than offline term insurance. The features and benefits of online term insurance plans are the same as normal term plans. Insurers offer online term plans at a lower rate than offline term plans, as they save on operating costs (Insurers don’t have to pay insurance agents a commission). Most online term insurance plans are 30-40% cheaper than the offline plans.

See Also: Benefits of Buying Term Insurance Online

Why Do I Need Term Insurance?

Purchasing Term Life insurance is important because of the following reasons:

• To Pay off Debts: You must avail term insurance plans to protect your family against big loans. While purchasing a term life plan, make sure the coverage you avail is at least 10-15 times your annual income. Avail additional cover for loans.
• To Provide Financial Safety to Family Members: If you are the sole earning member in the family, then term life insurance is a must-have plan. Term insurance plans allow you to remain stress-free as your family is protected. The death benefit helps your family members take care of regular expenses and remain financially independent.
• To Secure Health: You can enhance protection under term life insurance plans. These covers come separately and are excluded from the base policy. The riders can be added as per the discretion of the policyholder. The critical illness rider allows the policyholder to enjoy enhanced protection against critical illnesses at nominal premium rates.

Benefits of Online Term Insurance:

Affordability: The online term insurance plans are designed in such a way that they are reasonably priced and easy on the pocket. Under these plans, an individual can avail higher sum assured at reasonable rates.

The sum assured is paid to your nominee in case of death within the policy tenure. Term insurance is the best way to secure your family’s finances without spending too much.  Make sure to choose adequate coverage at the best premium by comparing term plans online.

Ease of Purchase: You can purchase term insurance within a few hours. With advancements in technology, purchasing term plans online is easier than ever before. You can now make an informed decision and buy a term plan which suits your insurance requirements, without having to deal with insurance agents or intermediaries.

See Also: Tips before Buying Online Term Insurance Plan

Flexibility in Premium Payments: When you purchase term insurance, you have the option of paying your premiums monthly, quarterly or annually. Pay premiums easily through various facilities like net banking, credit/debit card payment, payments through wallets and so on.

Online Account Management: With online term insurance, you can manage your policy online. There are user-friendly interfaces which allow you to access policy details easily and conveniently at all times.

Longer Coverage at Affordable Premium Rates: You can easily avail term life insurance cover across working life.  Therefore, choose the tenure carefully while purchasing the online term plan.

See Also: Is It Safe To Buy Online Term Plan

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