Term Life Insurance Policy serves as a backup solution that helps ensure protection for family. You need to choose sum assured amount, which is payable to the family in the event of a mishap, provided the policy is in active state.
When seeking to buy a term plan, you would consider price as the most important aspect, but as it offers cover for your family you should also check its benefits & coverage available. You should assess the financial needs of your family including debt repayment, children’s higher education & marriage, cover for spouse, etc. and after this, you need to take an adequate sum assured to ensure your family is not affected on the financial ground.
When it comes to buying a term plan,you should pick a right insurer that has high claim settlement ratio.
HDFC Term Insurance
HDFC Life Insurance Company offers the wide range of life insurance products including coverage for life, securing future of your kids, protection for spouse, planning for retirement, investing your money and many more. Ensuring protection for family is at your topmost priority, so you can pick HDFC Term Insurance plan. You can choose term plans such as Click2Protect 3D plus and Click2Protect Plus. These term plans offer comprehensive coverage against any mishap and it helps you stay prepare against uncertainties.
Apart from HDFC term cover, you can choose other coverage from ICICI Prudential Life Insurance plans. ICICI Prudential offers ULIPs, retirement, term, health insurance, etc. You need to pick a plan that fulfill your needs & goals.
For more Information Visit https://www.comparepolicy.com/
ICICI Prudential Life Insurance Plans, Bajaj Allianz Life Insurance, Max Life Insurance Health Plan 