Sentences with phrase «high life cover»

Because the focus of term plans is very limited, you end up getting pretty high life cover at very affordable prices.
Though there is no harm in that, you can get much higher life cover using a term insurance for the same amount.
Presenting Exide Life Wealth Maxima, a Unit Linked Insurance Plan that not only helps make the most out of your wealth but also adapts to offer higher life cover at every new phase of life.
Amulya Jeevan II plan provides high life cover in case of death on very low premium, so it can be a must have insurance plan for adequate financial security of family and loved ones.
Dear Deepak, Term insuarnce plan is the best option to get high life cover at affordable premium rates.
But if you are a non-smoker then you can enjoy higher life cover
Additionally, the insured can opt for an additional higher life cover to the base sum assured by paying a nominal additional annual premium.In case of insured's death during the policy term, the total life cover chosen under the classic variant plus the additional life cover is paid to the nominees.
They can offer higher life cover (compared to endowment plans and ULIPs) at a fraction of the cost and the beneficiary gets a death benefit in case the policyholder does not survive the term (duration of the policy).
LIC Jeevan Sangam plan (Plan No: 831) is a single premium life insurance plan which provides high life cover in case of death and good return on survival as maturity.
Verdict: Round 1 goes to Term Life Insurance Plan since term life insurance plans do not have any investment component in them, they can easily provide very high life cover at the cheapest possible rates.
Amulya Jeevan II, is a pure term insurance policy of LIC, which provides high life cover in case of unfortunate death of policy holder during policy term.
Take a look at our Life Protection Plans that offer you a high life cover at affordable costs.
For the same premium you can get a high life cover.
Since the minimum sum assured is twenty - five lakhs this policy caters to those people who require a high life cover.
Endowment plans are usually taken by individuals who are looking to increase the value of fund plan but one which offers them guaranteed profits in lieu of a higher life cover.
These are pure life insurance plans that give you a higher life cover and ensure that all your liabilities are covered.
Term plans are popular among younger age groups because their low premium payments make them an affordable insurance option — while providing a high life cover.
That is why term plans offer the highest life cover at the lowest rate.
Since term life insurance plans are more affordable it is possible for an individual to opt for a higher life cover for the same premium as an endowment plan.
Since term plans are the least expensive ways of ensuring your family with a high life cover at a nominal cost, it's prudent to include its premium as an essential expense for the family's well - being.
These are for the individuals who are looking for guaranteed profits on their investment, but with a higher life cover.
These are high life covers with low premium.
In addition, you can add a higher Life Cover to the base cover by paying a nominal additional annual premium.
This Term plan is the simplest form of life insurance, which gives you a high life cover at affordable and low premiums.
This plan provides you with a high life cover along with an opportunity to earn guaranteed returns on the investment.
A higher life cover / sum assured translates to a higher risk for the insurance company in the unfortunate event that the policyholder passes away while the policy is in force.
Under this plan you have to choose the higher Life Cover option at policy inception.
In fact you can buy LIC online Term insurance plan with a high life cover even paying far lesser premium only, in case you want to stay with LIC of India.
In addition, you can add a higher life cover to the base cover by paying a nominal additional annual premium.
These are high life covers with low premiums.
In addition, the policyholder can add a higher life cover by paying an additional nominal premium.
Also, some insurers offer you discounts on premium for choosing the higher life cover.
Why term plans To revisit the attraction of term plan for individuals — online term plans offer the cheapest medium of availing life insurance where one can get a high life cover at a relatively low premium.
The higher life cover or sum assured will have a higher cost or premium amount to cover the risk by the insurer.
The core benefit of a term plan is that it provides a high life cover for your family at an affordable cost.
Investing in the plan in the younger age also helps you get, the higher life cover at the low premium amount.
The higher life cover attracts, the higher premium to cover the risk.
Although, some insurers offer some attractive discounts on choosing the high life cover, proportionately you need to pay the higher premiums for a higher life cover.
It is advisable to buy at an early age (Because the younger and fitter you are the lower the risk you carry and hence insurance companies offer you higher life covers at very low premium rates.)
a) Higher Life cover at very cheapest term plan Premiums - This is a pure protection plan where payout is made only in case of death, there are no maturity benefits on survival.
You can get a higher life cover at a reasonable premium amount.
In a term insurance policy, you only need to pay a small amount of premium for getting a high life cover.
With a pure term life policy, you can get a higher life cover at an affordable cost and with mutual funds investment, you can receive higher returns.
In this type of plan, the insurer will neither provide you a high life cover, nor you will receive higher returns.
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