2. Basics of Term Insurance
Term insurance is one form of life insurance.
It is very simple and pure form of life insurance.
In this policy, the policyholder has to pay a premium
for a fixed period of time (term which is basically
between 5 and 30 years).
If the person survives the duration of his term policy,
the risk cover for him/her will come to an end .
If something unfortunate happens during the period
of the policy, the sum insured is given to his/her
dependent members of the family.
4. Single premium term insurance policy
Regular premium term insurance policy
Term policy with return of premium
These policies also offer optional cover which can be
Critical Illness, Accident Benefit, etc. However, this
depends on the provider of the policy.
6. LIC
ICICI Prudential Life Insurance
AEGON Religare Life Insurance
Birla Sun Life Insurance
HDFC Standard Life Insurance
Max New York Life Insurance
Kotak Life Insurance
Aviva Life Insurance
ING Vysya Life Insurance
Reliance Life Insurance
MetLife and many more.