Term Insurance Plans

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