Term Plans Policy

Term Plans Policy

This plan of assurance is designed to meet the needs of those who are initially unable to pay the larger premium required for a Whole Life or Endowment Assurance Policy, but hope to be able to pay for such a policy in the near future.

This plan would be found useful also in cases where it is desired to leave the final decision as to the plan to a later date when, perhaps a better choice could be made.

Policy holders get an option of converting an policy into endowment assurance or limited payment whole life assurance.

Suitable For
For all people with earned income under Category I and unearned incomes under Category II, basically Standard and sub-Standard lives attracting EMR classes I and II.

Source :http://licindia.in

3 Comments on "Term Plans Policy"

  1. rajvir rajput | May 7, 2014 at 6:31 pm | Reply

    my polsy deteles

  2. vishal arora | May 4, 2014 at 6:11 am | Reply

    I want pure term insurance plan with sum assured of rs 50 lacs my age is 30 years pls tell me the premium amount

  3. baijurajuster@gmail.com | March 5, 2012 at 5:16 am | Reply

    I would like to know about the term policies

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