Any Query ? Reach Us
Do you have any inquiries about your insurance policy? We offer a policy for you whether you want short-term protection, long-term security, or a mix of both. Please get in touch with us right off the bat if you’re eager to learn more about our products, we’ll be pleased to assist you!
Term Life Insurance plan provides life cover at low interest rates. This insurance type offers financial cover to policyholder and their nominee by providing guaranteed payout to the nominee for their safe and secured future in case of any unforeseen event of the policyholder such as diseases, disability or demise.
Term Life Plan is ideal for parents, young professionals, retired or near retiring person, newly married, working women and taxpayers.
Eligibility Criteria to buy Term Insurance Plan
| Features | Eligibility Criteria |
| Minimum age at entry | 18 years |
| Maximum age at entry | 65 years |
| Minimum Policy Tenure | 5 years (may vary with insurer) |
| Maximum Policy Tenure | No limit for term plan (may vary with insurer) |
| Who can Purchase? | Young individuals, Newly Married, Parents, Senior Citizen |
| NRIs eligible | Yes |
| Payout Options | Lump-sum Monthly Payout Annual PayoutLump-sum with monthly income Lump-sum with increasing monthly |
| Add-ons or Rider |
Waiver of Premium Accidental death Permanent or partial disability Family Income benefit And, critical illness |
| Documents Required | Photo Identity Address Proof |
| Medical Test | It is mandatory to undergo a medical test for a term insurance policy. It helps the company to be aware of any health conditions and risk factors related. |