Protect your Family’s Future with Term Insurance Policy


Protect your Family’s Future with Term Insurance Policy – The family is most important to us, and we try everything in a personal capacity to safeguard our loved ones. However, certain things are beyond our control, right? Here comes the need for future planning and investment plans.

term insurance calculator buy best term policy

When it comes to financial planning and monetary stability, we easily pass the buck to the man of the house. However, today the financial investment scene is much different as compared to earlier times. The investment plans, instruments, and procedures have become easy to understand and transparent. All we need is a little knowledge about the terms and policies. Let me take you through an insurance plan called ‘Term Insurance’.

Term insurance is a policy to insure your life. It secures the economic stand of the family in case of the demise of the insured person during the tenure of the insurance policy. Premiums are extremely low and paid off according to your convenience. Onetime payment or monthly regular payment or quarterly payments made to suit your comfort factor. There is a fixed amount for premium.

How to get the details and find the best suitable Term Insurance Plan?

First thing first, read and understand all the policy documents carefully. These policies are simple to understand, all you need to do is, give a nice and patient reading. For example, check out the ICICI Prudential website and details about different plans. In easy language, it details about all available plans and its benefit which ensures no misguide. You can get a 5% discount on buying a term insurance plan from online. Less paperwork and flexibility of selecting add-ons are added perk. Last but not least, your valuable time is saved by online process.

The requirement of such term insurance

Term Insurance is a life insurance plan that provides financial coverage to the beneficiary of the insured person for a defined period of time. Provides Financial stability

We all love our family to the ultimate extent. And throughout the day we work hard, keep concerned to make them happy and safe. But what if someday you are no more around them to take care? Better plans can always give you a good result. Financial planning is the best safeguard for your family. To support your endeavor now and after your life cycle, term insurance takes responsibility.

Family economic stand

This insurance policy gives a handsome insurance cover amount to take care of daily expenses of families’ livelihood and children’s education. After all, you dedicate your entire day to ensure or insure the same.

Asset Protection

After the insured person’s demise if there is any loan for a property like a house, car or education then that won’t come to a risk.

Ailments and Protection

With this insurance, you can also get a Critical Ailments cover. There are some plans that provide illness protection to the insured person by paying a lump sum amount if any fatal disease is diagnosed. In case of heart attack or cancer or kidney failure or 34 other diseases, you may get cost for treatment if a certain small amount of additional premium is paid.


In case the insured person comes across any disability during the insured period and stops earning yet the term policy runs. And you do not have to pay further premiums.

Just doubles your security
Tern insurance policy is the best financial planning tool for families. It's easy to understand, secure your family's financial needs with best term insurance plan

In case you are opting for a Life cover plan of 1 crore then for accidental death, the term insurance plan will pay 2 crores to your family.

Tax planning

With premium up to 1.5 lakhs, you also get tax benefit under the law of Section 80C. Critical illness plan with premium up to INR 25000 also has tax benefit under Section 80D. Under Section 10(10D) family also gets a tax benefit.

Anyone can start with the term insurance planning, the term insurance calculator help you ascertain the premium details. Term insurance plans benefits all like young parents, newly married, a single person without any dependent. IT professional, retired person, senior citizen. Both spouses earning – should get a term policy to ensure the future of spouse, would-be family, old parents and earning children as well.

Why I find ICICI Pru iProtect is one of the best for you?

Low premium, longer cover and 34 critical illness cover is its best and unique support. Apart from that clearly defines the major parameters to let you decide on buying the best policy. Claim Settlement Ratio, Solvency Ratio, Critical illness benefit, Accidental death benefit, and many other additional benefits. These benefits are clearly defined with no hidden policy which can assure you to choose the best and competent plan in the market.

Give them a happy life, with you and always.

Disclaimer –

The information contained on this article is of a general nature and intended as a guide only. It is neither to be construed as financial advice nor to be regarded as a definitive analysis of any financial, legal or another issue. Individuals must not rely on this information to make a financial or investment decision. Before making any decision, we recommend you consult a financial planner/advisor to take into account your particular investment objectives, financial situation, and individual needs.


©Dipika Singh. Unauthorized use or duplication of this material without express and written permission from this site’s author is strictly prohibited. Excerpts and links used, provided that full and clear credit is given to Dipika Singh (Gleefulblogger). With the right and specific direction to the original content.

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