These term insurance plans are pure risk cover plans with or without maturity benefit. (bajajallianzlife.com)
Online term insurance plans provide pure risk cover, which explains the lower premiums. (hdfclife.com)
The mandatory 25 % investment in government securities does limit the risk but this may have other repercussions as many policyholders who are looking for pure risk cover may not find it attractive anymore. (policybazaar.com)