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Best Term Plan
HOW TO CHOOSE BEST TERM INSURANCE PLAN?
Are You Really
Protected?
Protect Yourself With Term Plan
 Term insurance policies are one of the best and oldest forms of
life insurance plans.
 Term insurance provides life cover to the policy holder for a fixed
term period usually , 05-40 years or even up to age 75.
 Term insurance plans are available at affordable premium rates.
More Details
Minimum Entry Age : 18 years completed
Maximum Entry Age : 65 years
Maximum Maturity Age : 75 years
Minimum Sum Assured : Depends upon the company norms
Policy Term : 10 / 15 / 20 / 25 / 30 / 35 / 40 years
Premium Payment Term : Equal to Policy Term
Premium Payment Mode : Yearly, Half Yearly and Monthly
Understanding Term Plan
Lets consider the following scenario
 Mr. Mahesh he needs to travel a
lot.
 He is married and his wife does not
work and takes care of their kids.
 Mr. Mahesh owns a plush house
and a car. To ensure that in his
absence his family continues to
live the same lifestyle as they do
now.
How to Choose Term Plan?
 Check company profile, how good the insurance company is?
 Compare the terms and conditions of different plans using
online comparison websites.
 Check for high claim settlement ratio.
 Check if your needs are satisfied.
Resources You Can Use Online
Term Plan Calculator
 Various sites provide users with calculators which help you calculate
premium depending upon your requirement.
 This helps you accurately determine about the policy and helps you plan
accordingly.
Benefits of Term Plan Calculator
 Flexibility to choose protection cover based on your needs.
 Helps you compare multiple policies simultaneously.
 Free to use, 24X7 availability.
Customer Review on Term Plan
Providers
Bajaj Allianz Life
Insurance Company Ltd
Reviews
Aegon Religare Life
Insurance Reviews
Aviva Life Insurance
Reviews
Customer Voted Best Term Plan
Provider
Verdict
 When ever you are choosing a term plan keep a clear goal of
what are your requirement.
 Having minimum cover is as good as not having one. So try to
get maximum cover for yourself just to be further secured.
 It is always advisable to have multiple term plan from different
provides to get wide range of benefits.
Thank YouREFERENCES:
1. WWW.AEGONRELIGARE.COM
2. WWW.TECHNOPORTALS.BLOGSPOT.IN
3. WWW.ECONOMICTIMES.INDIATIMES.COM
4. WWW.MOUTHSHUT.COM

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How To Choose Term Insurance Plan

  • 1. Best Term Plan HOW TO CHOOSE BEST TERM INSURANCE PLAN?
  • 3. Protect Yourself With Term Plan  Term insurance policies are one of the best and oldest forms of life insurance plans.  Term insurance provides life cover to the policy holder for a fixed term period usually , 05-40 years or even up to age 75.  Term insurance plans are available at affordable premium rates.
  • 4. More Details Minimum Entry Age : 18 years completed Maximum Entry Age : 65 years Maximum Maturity Age : 75 years Minimum Sum Assured : Depends upon the company norms Policy Term : 10 / 15 / 20 / 25 / 30 / 35 / 40 years Premium Payment Term : Equal to Policy Term Premium Payment Mode : Yearly, Half Yearly and Monthly
  • 5. Understanding Term Plan Lets consider the following scenario  Mr. Mahesh he needs to travel a lot.  He is married and his wife does not work and takes care of their kids.  Mr. Mahesh owns a plush house and a car. To ensure that in his absence his family continues to live the same lifestyle as they do now.
  • 6. How to Choose Term Plan?  Check company profile, how good the insurance company is?  Compare the terms and conditions of different plans using online comparison websites.  Check for high claim settlement ratio.  Check if your needs are satisfied.
  • 7. Resources You Can Use Online Term Plan Calculator  Various sites provide users with calculators which help you calculate premium depending upon your requirement.  This helps you accurately determine about the policy and helps you plan accordingly.
  • 8.
  • 9. Benefits of Term Plan Calculator  Flexibility to choose protection cover based on your needs.  Helps you compare multiple policies simultaneously.  Free to use, 24X7 availability.
  • 10. Customer Review on Term Plan Providers Bajaj Allianz Life Insurance Company Ltd Reviews Aegon Religare Life Insurance Reviews Aviva Life Insurance Reviews
  • 11. Customer Voted Best Term Plan Provider
  • 12. Verdict  When ever you are choosing a term plan keep a clear goal of what are your requirement.  Having minimum cover is as good as not having one. So try to get maximum cover for yourself just to be further secured.  It is always advisable to have multiple term plan from different provides to get wide range of benefits.
  • 13. Thank YouREFERENCES: 1. WWW.AEGONRELIGARE.COM 2. WWW.TECHNOPORTALS.BLOGSPOT.IN 3. WWW.ECONOMICTIMES.INDIATIMES.COM 4. WWW.MOUTHSHUT.COM