What is Term Insurance?

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What is Term Insurance?

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In this PPT, find all the basic information on term insurance like what is term insurance? Who should buy term insurance plan? Why should you prefer buying term insurance plan online? – PowerPoint PPT presentation

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Title: What is Term Insurance?


1
Term Insurance
  • - A Beginners Guide

2
What is Term Insurance?
  • Term insurance is one of the best and oldest
    forms of life insurance.
  • Term insurance offers life cover to the policy
    holder for a fixed term period usually, 05-40
    years or even up to age 75.
  • Term insurance plans are available at affordable
    premium rates.
  • The premium costs under a term plan are usually
    constant for the entire period.

3
Who should apply for term insurance?
  • Term insurance plans are best suited for employed
    individuals who have dependents (Children,
    parents) and are looking for life protection
    against unexpected crisis of life (death) at
    fairly affordable costs.
  • Term insurance plans are designed to cater to the
    basic requirements and financial security for
    both applicant and his/her family.

4
Why should you buy term insurance online?
  • Buying term insurance online is considered a lot
    these days because it is the safest and cheapest
    way to buy insurance online.
  • Through online, one can buy term insurance in few
    minutes and in simple, easy steps.
  • You are required to fill in the basic details
    like name, age, gender, policy period that you
    wish to cover and few more.
  • You can also get an instant free quote and
    calculate your premium rates very easily.

5
Thank You
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