Sentences with phrase «pure risk protection»
Term insurance plan is one such pure risk protection cover.
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Therefore, a term insurance plan is a pure risk protection measure and the simplest form of life insurance available.
This is because term insurance, being pure risk protection, provides life cover based on the level of risk of mortality associated with the policyholder and doesn't provide money back or returns.
Not exact matches
The pure income annuity is extremely valuable protection against longevity and market risk.
Kotak Term Plan is categorized as a pure risk cover plan that provides policyholders with an economical way to provide life coverage and financial protection.
It is a pure risk cover insurance plan that is cost effective, economical way of attaining a high level of protection.
To fulfill the IRC definition of life insurance, life insurance contracts must provide for a sufficient «amount at risk» — the pure death benefit protection that a beneficiary would receive upon the death of the insured.
Term Insurance policy is a pure protection plan which provides cover against risk of life.
Term Insurance Plans is the purest form of protection against risk of death.