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Home > Videos > Term Insurance - WhyTerm Insurance is Important For Everyone | Money Doctor Show CNN News18

Term Insurance - WhyTerm Insurance is Important For Everyone | Money Doctor Show CNN News18

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Term Life Insurance is a type of Life Insurance that provides financial coverage for a fixed term or tenure. in the event of the death of the insured, the nominee gets the sum assured called the death benefit. The sum assured can either be paid as a lump sum or combination of lump sum and periodic payment. Unlike other types of Life Insurance policies, a Term Life Insurance policy is not costly it provides huge coverage with less premium. This term plan provides financial strength to our family in the absence of breadwinner of the family.

 
 
 

 
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