Term Insurance
Term Insurance is a type of Life Insurance policy that provides coverage for a certain period of time or a specified "term" of years. If the insured dies during the time period specified in the policy and the policy is active, or in force, a death benefit will be paid.
The benefit of Term Insurance?
Affordable Premiums - You can get a high-value life cover from a term insurance plan by paying an affordable premium amount. Premium payments can be made either monthly/half-yearly/yearly. The earlier you buy a term insurance plan, the lower the premium amount you have to pay.
Difference between Term Insurance and Life Insurance?
Term Insurance provides coverage for the premature death of the policyholder within the fixed term. Life Insurance provides coverage on the maturity of the policy. Health Insurance provides coverage on the medical claims within the tenure.
Opposite of term Life Insurance?
Term life insurance is short-term insurance usually involving a policy that lasts for one year, five, fifteen, twenty years, or even thirty years. When the insured party dies before the term expires, the beneficiaries will receive the death benefit. On the other hand, whole life insurance is the complete opposite.
Documents Required:
- 1. PAN
- 2. Aadhar
- 3. Bank Details
- 4. Nominee Details
Term Insurance Process
- We help you in every step of the Term Insurance:-
- 1.Call us at 97111-77955 Or Mail at info@jeeprofessionals.in & Discuss your Business.
- 2.Fill the Form
- 3.Make the Payment
- 4.Get Your Term Insurance Done.