Key Points
Unlike other life insurance plans, the premium of term insurance is cheaper and focuses solely on providing coverage, without any additional..
Here are some important factors to bear in mind when considering a term life insurance policy:..
Select a well-established insurance company with a long-standing presence in the market and a strong track record of settling claims efficiently...
The insured should inform their family members and chosen nominee about the term policy and where to find the policy documents...
Premiums are lower at a younger age, so consider getting life cover once you start earning to secure maximum coverage..
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