Term Insurance in India: The No-Nonsense Rules to Choose the Right Cover

Term Insurance in India: The No-Nonsense Rules to Choose the Right Cover

Term insurance is the simplest form of life insurance. It pays a lump sum to your nominee if you pass away during the policy term. It does not offer maturity benefits. That is why premiums are significantly lower compared to endowment or money-back policies. For example, a healthy 30-year-old non-smoker may get ₹1 crore term … Read more