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 insurance
  calculators 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
  Term Insurance Premium Calculator much less than
  any life insurance policy, it's time you ensure a
  life of self respect and pride for your family.
• Article Source http//EzineArticles.com/6799359

6
Follow us on
https//www.facebook.com/bajajallianzlifeinsurance
ltd
https//www.linkedin.com/company/bajaj-allianz-lif
e-insurance-co-ltd-
http//plus.google.com/bajajallianz/posts
https//twitter.com/bajajallianzLIC
https//www.youtube.com/user/jiyobefikar
https//instagram.com/bajajallianzlifeinsurance
7
Click to know more on Term Insurance
Premium Calculator
https//www.bajajallianzlife.com/calculators/life
-insurance-calculator.jsp
Thank You