Term insurance premiums are economical with respect to the higher coverage amount it offers.
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Term life insurance plans come with excellent tax benefits.
Additionally, the premiums paid for the Critical Illness Benefit also qualifies for a deduction under Section 80D. Tax benefits are subject to changes in tax laws.
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Keep up your healthy habits — like walking the dog, going to the doctor, eating well — and earn Vitality Points that can lower your cost of coverage. Once you purchase a life insurance policy, choose a fitness device to help track your progress:
People often have significant expenses in mind when they buy life insurance for themselves — things like the mortgage, college tuition for the children, and shared debt that your grieving partner would otherwise have to face alone. While life insurance can certainly help cover those expenses, it can also help cover smaller, yet important, everyday items like the grocery shopping, utility, and phone bills. A life insurance policy serves as a financial safety net for your family.
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