Pure term plans with no savings element will lapse and all the benefits associated with them will cease to exist. (policybazaar.com)
But for the life insurance products like Term Plan, looking at a claim settlement ratio is all the more important as pure Term Plan offers only death benefit. (comparepolicy.com)
Although it is better to buy pure term plan only, but I will study the options first and then only decide. (moneygyaan.com)