Term Insurances

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Term Insurance

Term Insurance is also known as Pure Risk Insurance. This covers the risk of the death of the individual only.

One has to pay premium upto a certain period of time or term, in case insured dies the whole sum assured would be payable to the family of the insured. There is no return involved if nothing happens to the individual.

This is beneficial to an individual of any age as it provides for the highest sum insured at the lowest possible rates.

Term insurance

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