Term Insurance - the best investment for your family - PowerPoint PPT Presentation

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Term Insurance - the best investment for your family

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Use our insurance premium calculators & interactive tools like Term Insurance Calculator, life Insurance Calculator & more to plan your financial goals. For more details – PowerPoint PPT presentation

Number of Views:23
Updated: 24 August 2016
Slides: 8
Provided by: ankitagore
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Title: Term Insurance - the best investment for your family


1
Term Insurance - the best investment for your
family
2
  • You've
    always tried to give your family nothing but the
    best. Compromise is not an option. You would go
    out of your way to bring a smile on your near and
    dear one's faces. But life is all about
    uncertainties. What would happen if something
    unfortunate were to happen to you? Ever given it
    a thought? Who would take care of the liabilities
    left behind that are still waiting to be paid
    off? Your utmost priority is to secure the well
    being of your loved ones who have always depended
    upon you. Thought the emotional void cannot be
    fulfilled, you can plan and make sure that
    financially their life is secured.

3
  • This
    is where the role of term insurance comes in. A
    term insurance pay out can help ease worries on
    the financial front. Term insurance provides
    protection for a specific period of time. It pays
    a benefit only if due to some unfortunate
    incident, the policy holder passes away. Level
    term products are the most popular plans
    purchased today. You can choose a level term from
    5 years to 30 years. Also, the premiums can be
    either guaranteed or not guaranteed.

4
  • When you buy
    a term insurance, make sure you are aware of the
    guaranteed premium period. Once, all the
    formalities have been done and you pay the first
    payment, the insurance company is obligated to
    keep the policy in force as long as you keep
    paying the premiums. It's up to you to pay every
    month or not. But once you stop paying, the
    policy will lapse after usually a 30 day grace
    period. Some term insurance policies can be
    renewed when you reach the end of a specific
    period which can be from one to 30 years.

5
  • These days, to make it easier for you
    to calculate your premiums and compare different
    plans for this category, you can use Term
    Insurance Calculator and even subscribe to term
    insurance online. But before you subscribe to
    these insurance plans online, take a look at
    various other term insurance plans available.
    There are a lot of hidden costs which one tends
    to ignore. So make sure that you are aware of all
    the terms and conditions so that there is no
    surprise in store for you later on. Since buying
    a these kind of insurance plans costs much less
    than any life insurance policy, it's time you
    ensure a life of self respect and pride for your
    family.

6
Follow us on
https//www.facebook.com/bajajallianzlifeinsurance
ltd
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e-insurance-co-ltd-
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https//twitter.com/bajajallianzLIC
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7
Click to know more on Term Insurance Calculator
https//www.bajajallianzlife.com/calculators/life-
insurance-calculator.jsp
Thank You
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