Premium calculator
Term insurance premium calculator is an online tool that helps to calculate approximately the premium amount you need to pay for the chosen life coverage and plan benefits.
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Key Features and Benefits of Life Insurance in India
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Key Features and Benefits of Life Insurance in India; Financial Security : A life insurance policy is an agreement between an individual and an insurance company whereby the individual pays regular premiums and, in the event of death, the individual designates beneficiaries to receive a death benefit. The death benefit is intended to provide financial security for the beneficiaries, such as covering outstanding debts or providing a source of income. There are several types of life insurance policies, including term life insurance and whole life insurance, each with their own features and benefits. It is important to carefully consider the type of coverage and the amount of coverage needed when purchasing a life insurance policy. Death Benefit : In case of any unfortunate death with the policyholder, the insurer provides financial protection in form of a death payout. The appointed nominee (spouse, children or parents) receives the entire sum assured plus the bonus accumulated over a
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