With a term life insurance policy, an insured is covered
by pure death benefit protection.
Not exact matches
Termsurance Life Protection Insurance plan
by IDBI Federal offers you with two options - a.)
Pure protection cover, which offers you beneficiary with the
death benefit on the account of your
death.
BSLI Protector Plus Plan: This plan is a
pure death benefit plan offered
by BSLI.
A
pure term insurance plan that provides life Insurance cover to you
by paying a lump sum
benefit to your family in case of an unfortunate
death.Choice of single or regular premium payments and an additional amount in case of an accidental
death.
All forms of life insurance include a mortality charge that pays for
pure life insurance coverage — the
death benefit provided
by your policy.
Usually it pays an additional
death benefit for those insured's who die
by some sort of
pure accident.
Term insurance can be thought of as «
pure protection» in the sensethat it provides only a
death benefit, and then, only if theinsured dies for a reason that is not excluded
by the policy duringthe term of the policy.
By going for a higher sum assured (in case of
pure term plan), policy holder has ensured higher
death benefits, which is what you need from an insurance product.