Sentences with phrase «paying pure protection plan»

LIC Term Plan - Anmol Jeevan (T - 822) is a regular premium paying pure protection plan.

LIC Term Plan - Amulya Jeevan (T - 823) is a regular premium paying pure protection plan.

Not exact matches

With most level term life plans, you pay for pure insurance protection only thereby saving thousands of dollars over more costly whole life or universal life alternatives.

The truth is that a term plan is a pure insurance product that provides financial protection to your family which pays the family when the insured's eventuality, such as death or critical illness, occurs.

Especially when it is a pure protection plan like TERM INSURANCE offering higher sum assured at a nominal cost and where the insurance company has to pay a death benefit in case of insured dies during the term of a policy.

In the pure protection plan, if the insured dies within the policy period, the death benefit is paid to the nominee and the policy terminates.

A term insurance plan is a pure protection cover that pays your family a lump sum amount equal to the sum assured, in case of your unfortunate death during the policy term.

A Term plan is a pure protection life insurance plan: In case of death of the Life Assured during the policy duration, the guaranteed insurance coverage amount (Sum Assured) is paid to the nominee.

If you are looking for a pure protection plan along with return of premiums paid in the event you survive the term Aegon Life iReturn plan is best suited to you.

A term plan is a pure protection plan with death benefits only and no maturity benefits, while a term plan with ROP provides life cover where all the premiums paid are refunded as maturity benefit, if the life assured survives maturity.