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What is Term Insurance?

Defination of  Term Insurance?

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Def.. in English 

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Term insurance is a life insurance policy which covers the risk of premature death. When you buy a policy you choose the sum assured and the coverage duration

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Def.. in Hindi

टर्म इंश्योरेंस एक जीवन बीमा पॉलिसी है जो समय से पहले मौत के जोखिम को कवर करती है। जब आप कोई पॉलिसी खरीदते हैं तो आप बीमा राशि और कवरेज अवधि चुनते हैं

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Types of Term Insurance Plans

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1. Level Term Plan

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2. Increasing Term Plan

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3. Decreasing Term Plan

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4. Income Benefit Term Insurance Plan

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5. Term with Return of Premium (TROP)

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6. Joint Term Plan

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7. Convertible Term Insurance Plans

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8. Group Term Insurance Plans

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