Term Insurance
Life is full of uncertainties. One unfortunate incident can impact the financial stability of the entire family. Term insurance is a type of life insurance that provides coverage for a specific period of time or years, i.e., a term. This type of life insurance provides a financial benefit to the nominee in case of the unfortunate demise of the insured during the policy term.
Term insurance is a tool that provides a financial safety net in such situations. Term Insurance helps in ensuring that your life goals such as children's education and marriage, buying own house etc. are fulfilled even if something happens to you. This is why it is extremely important that you get enough life insurance coverage depending on your needs.