Term Insurance Plans
Term insurance provides cover for a specific period of time or years and provides protection to the dependents in case of unfortunate death of the policyholder during the term of the policy. Term Insurance policies provide life cover at small premiums. These fixed premiums can be paid in one lump sum or at regular intervals for the entire policy term or for a limited period. Premium amount depends on risk evaluation and varies on basis of mode opted by the policy holder
Here are some benefits of purchasing a term insurance policy
- High protection at low premiums
- Add on Riders
- Financial security
Some important Term plans are given here:
Sr. No. | Product Name | Date of Launch | Plan No | UIN No |
---|---|---|---|---|
1 | LIC's TECH TERM | 01.09.2019 | 854 | 512N333V01 |
2 | LIC's Jeevan Amar | 05.08.2019 | 855 | 512N332V01 |
3 | LIC's Saral Jeevan Bima | 16.04.2021 | 859 | 512N341V01 |