A term insurance plan is an insurance policy that will financially secure your loved ones in case of the unforeseen event of your demise. (pnbmetlife.com)
In case of an unforeseen event like death or permanent disability, during the duration of the policy, the beneficiaries receive the full assured sum of the policy. (blogs.bajajallianzlife.com)
Hence, it is, in the same way, important to make sure that their lives to cater financial protection to the dependents and family in case of any unforeseen event. (policybazaar.com)