Term insurance plans are straightforward and cost-effective life insurance policies designed to provide financial protection for a specified term, often ranging from 10 to 30 years. These plans offer a pure form of life coverage without any savings or investment components. In the event of the policyholder's demise during the term, the plan pays out a predetermined sum assured to the nominee. Term plans are an excellent choice for individuals seeking high coverage at affordable premiums, ensuring that their loved ones are financially secure in case of an untimely death. They offer peace of mind and are a fundamental component of any comprehensive financial plan.
Top Terms Plans
LIC's Anmol Jeevan Plan is a term insurance policy offered by the Life Insurance Corporation of India (LIC). It is designed to provide straightforward and cost-effective life coverage for policyholders. Anmol Jeevan offers a substantial sum assured at an affordable premium, ensuring that your loved ones are financially protected in case of your untimely demise during the policy term. This non-linked and non-participating plan focuses solely on providing life insurance without any savings or investment components. It is an ideal choice for those seeking high coverage levels at a budget-friendly cost, guaranteeing peace of mind and financial security for your family.
LIC's Jeevan Amar Plan is a versatile and comprehensive term insurance policy offered by the Life Insurance Corporation of India (LIC). This non-linked, non-participating plan is designed to provide robust financial protection for policyholders at an affordable cost. Jeevan Amar offers a high sum assured, ensuring that your loved ones are financially secure in the unfortunate event of your demise during the policy term. With flexible premium payment options and a choice of two death benefit options, it caters to diverse financial needs. This plan focuses solely on providing life coverage without any savings or investment components, making it an excellent choice for pure life insurance protection.
LIC's Jeevan Bima Plan is a traditional endowment insurance policy provided by the Life Insurance Corporation of India (LIC). This plan is designed to offer life insurance coverage along with a savings component. Policyholders pay regular premiums, and in return, they receive a lump-sum amount upon the policy's maturity or in case of the policyholder's untimely demise during the policy term. Jeevan Bima Plan provides financial security and helps policyholders save for their future financial needs. With guaranteed returns and the option to add riders for enhanced coverage, it is a popular choice for individuals looking to protect their loved ones while also building a financial asset over time.
LIC's New Tech Term Plan is a modern and comprehensive term insurance policy offered by the Life Insurance Corporation of India. This non-linked, non-participating plan is designed to provide high-value life coverage and financial security to policyholders. New Tech Term Plan offers flexible premium payment options, including limited premium payment terms, making it customizable to individual financial needs. It focuses solely on providing life insurance coverage without any savings or investment components. With substantial coverage at competitive premiums, this plan ensures that your loved ones are financially protected in the event of your untimely demise during the policy term, making it an ideal choice for pure life insurance protection in today's tech-savvy world.