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Posted by 28qwd122
 - February 08, 2011, 07:22:16 AM
Term Insurance-Affordable life cover
If you do not have any life insurance, then you have to opt for at least term insurance. If you are young and have dependents then it  is more suitable to you.     
  Term insurance is a purest form of life insurance. In case of death of the life assured during the term of the policy, the certain amount is payable to the his/her family. But,You are not allowed to view links. Register or Login, if the person stays alive more than the policy term, the premiums paid towards the policy are not refundable. Generally,You are not allowed to view links. Register or Login, term insurance provides life cover for 5, 10, 20, 25 and 30 years.     
  There are also different types of term insurance policies available in the market. They are single premium term insurance policy, regular premium term insurance policy, term policy with return of premium, etc.  The most of companies also offers loan cover term assurance policy.   
  These policies also comes up with optional cover that can take on main insurance policy by paying additional premium. The optional cover may includes Critical Illness Benefit, Double Accident Benefit, Critical Illness Benefit, etc. It also depends on the providers what they offer optional benefits to the customer.   
  Today, there are many term insurance providers in the market. The leading name in the insurance sector name such as LIC, ICICI Prudential Life Insurance, Birla Sun Life Insurance, HDFC Standard Life Insurance, Max New York Life Insurance, Kotak Life Insurance, Aviva Life Insurance,You are not allowed to view links. Register or Login, ING Vysya Life Insurance, Reliance Life Insurance,You are not allowed to view links. Register or Login, MetLife and many more. Compare term insurance policies by various providers, you may get better term insurance at a much lower cost.