Standard/Term Life Insurance

If you take out Standard/ or Term life insurance, you will pay cover over a certain time and should you die during this period, your family will receive a lump sum payout to cover your financial absence.

A term insurance plan is the most basic form of life insurance. It offers a high cover amount at a very nominal premium and is one of the cheapest forms of life insurance. Term insurance plans take care of all the financial needs of your family when you are not around. Think of it the way you cast a blanket over your sleeping child, the term insurance plan casts a safety net over your loved ones in the future. You may not be physically present to finance their future goals, but the term insurance can and will.