Term Plan
A Term Plan is one of the easiest and cheapest ways to ensure that your loved ones remain protected, regardless of what happens in life. By paying a small premium, you are providing a large life cover to guarantee your family financial support in case of your unexpected death. The safety of a term plan allows your family to continue taking care of the necessities—like monthly bills, children’s education, healthcare, loan payments, and long-term dreams—without financial strain. A Term Plan differs from standard life insurance because it concentrates purely on protection; it is the most coverage possible while allowing you to pay the least amount.
A Term Plan adapts to your life stage—whether starting a career, raising a family, or enjoying retirement.
With flexible terms and riders for added protection, it evolves with your needs.
It remains a cornerstone of smart financial planning.
Term Plan Quote
Types of Term Plan
Level Term Plan
- Fixed sum assured throughout the policy term.
- Affordable premiums with straightforward benefits.
- Best for families seeking stable financial protection.
Increasing Term Plan
- Coverage amount increases annually to beat inflation.
- Ideal for growing families and rising future expenses
- Ensures protection keeps pace with lifestyle changes.
Decreasing Term Plan
- Coverage reduces gradually over the term
- Perfect for covering liabilities like home or car loans.
- Cost-effective as protection aligns with reducing debt.
Return of Premium (ROP) Plan
- Refund of all premiums if the policyholder survives the term.
- Combines insurance protection with savings.
- Great choice for those who prefer a no-loss option.
Term Plan with Riders
- Add-ons like Critical Illness, Accidental Death, or Waiver of Premium.
- Enhances core coverage with extra protection.
- Flexible customization for individual needs.
