Term insurance plans are pure protection plans. In this type of policy, only the risk of death is covered for the term of the plan. If the insured does not die within the term of the plan, then no payment is made to the policy holder. This is also the cheapest form of life insurance. A healthy 35 yr old male gets to protect his family's financial security for 50 lakhs by paying an annual amount as low as Rs.6,000.
Online Term Insurance Plans in India â€“ There are a large number of online term insurance policies. Premium of such online insurance policies are 60-70% lower than the other term plans, all other benefits being the same. Online plans can save you a lot of money.
Term insurance is the best & the most important form of insurance and one should take as high a cover as possible as early in life. At MyInsuranceClub.com we provide an un-biased comparison of premiums & policy features. Our premium calculator will help you compare the premiums across all insurance providers. Our aim is to help you get the best term insurance plan in India.