Term Life Insurance
Financial security for your family — even when you’re not around
A simple and affordable way to ensure your loved ones are financially protected in case of life’s uncertainties.
Who It's For
This plan is ideal for:
- Individuals with financial dependents who rely on their income
- Young professionals starting early financial planning
- Parents who want to secure their family’s future
- Anyone with ongoing loans or financial liabilities
Key Components
Understanding the different facets of Term Life Insurance
Level Term Plan
Fixed coverage throughout the policy term.
👉 Best suited for long-term financial protection
Increasing Cover Plan
Coverage increases over time to match inflation.
👉 Ideal for growing financial responsibilities
Decreasing Cover Plan
Cover reduces over time in line with liabilities.
👉 Suitable for loan protection (home/education loans)
What's Covered
What's Not Covered
Suicide within the first policy year
Non-disclosure or misrepresentation of medical history
Fraudulent or intentional claims
Additional Covers & Add-ons
Customise your policy based on your needs.
Common Mistakes to Avoid
Choosing insufficient coverage amount
Delaying purchase and paying higher premiums later
Not disclosing complete medical history
Mixing insurance with investment products
Ignoring policy term and coverage duration
Still unsure which term plan is right for you?
Get clear, unbiased advice tailored to your needs — with complete support from selection to claim.
Term Life Insurance - Common Questions
A general rule is 10-15 times your annual income plus any outstanding liabilities like home loans.
The earlier you buy, the lower the premium. Premiums are locked in for the entire term, so starting young saves significant money over time.
Term insurance offers much higher coverage for a very low premium compared to traditional plans, making it the most efficient way to protect your family's financial future.
Standard term plans are pure protection plans and do not offer maturity benefits. However, 'Return of Premium' plans are available if you wish to get your premiums back.
Many plans offer 'Life Stage' increments where you can increase cover during major events like marriage or child birth without new medical tests.