Term Insurance is also called Term Life Insurance and therefore is another type of Life Insurance Policy.

Term Insurance Policy generally provides protection for a set period of time without providing maturity benefit if insured survives the full term. It is the simplest and cheapest form of Life Risk Cover one should opt for.

• Get fixed insured amount in the event of death of the policy holder
• Provide money to your family member to meet financial goals after your death
• Takes care of your family’s expenses in case of your disability or critical illness
• Get pre-defined amount if diagnosed with critical illness
• Additional sum insured in case of accidental death