Term Insurance Plan In India

All you need to know while buying LIC Term Insurance Plan in India Several people might have a question in their minds, i.e. what is term insurance plan ? Term insurance policy or term insurance plan acts as a savior for the family in the unforeseen death of the policyholder. Term allows an individual to cope with the emotional disturbance due to the sudden loss of a loved one and assists in providing a stable income source. Analyze your requirements and choose the best term insurance plan in India , from the wide range of policies that are available under this category. LIC is India's oldest and a public sector insurance company. For over three consecutive years, it has sustained the highest CSR (claim settlement ratio). Among its extensive range of products, LIC Term Insurance Plan is one of its most praised term insurance plans that truly offers death benefit (the payment of the predetermined sum assured to the beneficiary on the policyholder’s death). Kindly note that the benef...