Do you get money back on Term Life Insurance?

No, term life insurance does not accumulate a cash value like other permanent life insurance policies. If the term life insurance expires, the life cover benefit ends. But term insurance with return of premium variant you may receive money back which is equal to the total premium amount you paid for the term cover. A Term plan with a return of premium is specifically designed for customers who want to provide financial security to their loved ones along with the benefit of returns. ..Read More

Can a Pension Holder Get Term Insurance?

Yes, it is possible to get term insurance for pension holders after the age of 65 years. Before purchasing they will be subject to take medical tests.

Can I Add/Delete Riders in 1 Crore Term Insurance Plans?

Yes, you can add or delete the riders under your term insurance plans subject to the approval from the insurance company. Most of the life insurance plans in 1 Crore coverage do not permit the customers to have midterm addition or deletion of riders under the term insurance plans.

Can I Buy Multiple Term Insurance?

Yes, you can buy two or more term insurance plans to fulfill your insurance needs. It is possible to have more than one recipient for the insurance plan. It is legal to claim term insurance from two companies and make regular payments to secure their financial responsibilities knowing with risks, benefits, and coverages of the plans.

Can I buy Term Insurance Online?

Yes, you can buy term insurance online from the portal where the top life insurance companies display their life insurance plans with the premiums to be paid as well as the features. For more assistance on the procedure to purchase term life insurance plans online please call our toll free number 1800-123-4003 and get assistance from our life insurance expert.

Can I change Nominee in Term Insurance?

Yes, you can change nominee in term insurance through the policy tenure. By adding your children or spouse. You need to provide a holder the policy sum assured in case of death of the policyholder during the period when the nominee is a minor. In general, most people choose their close family members as nominees.

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Endowment vs Term Life Insurance Comparison

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Term Insurance Price List in India 2022

Term insurance prices can be calculated using the term insurance premium calculator. You can get 1 crore at a premium rate of Rs. 449 per month. Compare, buy term insurance now.

Life Insurance vs Term Insurance

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