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Home > Videos > Term Insurance - Why Term Insurance Premiums Differ | Money Doctor Show CNN News 18 - EP : 332

Term Insurance - Why Term Insurance Premiums Differ | Money Doctor Show CNN News 18 - EP : 332

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A term insurance plan gives financial protection to the family in the absence of the breadwinner of the family. All the responsible person who has taken the financial responsibility must and should go for this term insurance. This is the only life insurance plan which provides high coverage with a low premium. However, the premium would be based on several factors namely- Sum assured amount, age, and health or medical condition of the applicant. The premium would be high for those who have spoiled their health with unhygienic habits such as smoking, drinking. In this video, we have given explained in detail why premium differs from one person to another

 
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