term Life Insurance is the purest form of risk cover. It compensates the nominee in the event of the policyholder’s demise.

Benefits:

  • Cheaper due to pure insurance coverage and no add-ons
  • Tax Rebate under Section 80 C
  • Can be bought online too
  • Critical Illness and accidental riders can be added

Look at:s

  • Policy Term
  • Sum Assured payable
  • High claim settlement ratio
  • Premium to be paid
  • Riders if any

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