Term Insurance Meaning In Telugu. Yogakshema building, jeevan bima marg, p.o. A high sum assured will help your family overcome the difficulties that accompany the loss of income due to the absence of the insured family member.
The first life insurance policies were taken out in the early 18th century. Meaning of term life insurance. Term insurance is a type of life insurance policy that provides coverage for a certain period of time or a specified term of years.
Term definition, a word or group of words designating something, especially in a particular field, as atom in physics, quietism in theology, adze in carpentry, or district leader in politics.
In these use cases, the insured would get some money back—typically an amount equal to what they paid in premiums—if they outlive the fixed term of the policy. A term insurance plan is a life insurance policy that, works purely to serve the future needs of your family members. It is the amount the policyholder will get from the life insurance company if he decides to exit the policy before maturity. Sbi life eshield is a pure term policy, with the best financial protection at an affordable cost.