India, March 24 -- It covers a fixed premium over a certain term for an assured sum that is paid to the beneficiary in case of their demise during the insurance term. People tend to weigh in on options to find the best term plan that fits their budget while maintaining decent coverage. Others advocate the most rewarding plan, which offers a return on premium, i.e., the insured gets all premiums paid back if he survives the term.
In this post, we will examine the three most popular term insurance plans in India, which offer the highest coverage for the lowest premium, and discuss what distinguishes them from other options.
People often look for the best term plan to protect their family. But what makes a term policy so special compared t...
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