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Date : Jul 29, 2008

Question

My son is 18yrs(completed). I hav Jeevan Kishor & Tata-Aig Maha Life Gold. I intend to take Pure Term Plan for him.Shud I,If yes,pl suggest the cheapest. thnx.

Answer

Term Insurance is pure risk cover plan, which gives you protection against the uncertainties of life. The lump sum will be a Level percentage of the initial Sum Assured means the cover under the policy remains same throughout the period of the term.Premium for term policy depends on age, sex, occupation, health, habits & income source. For term policy maximum tenure available is 40 years.
At apnainsurance we have come up with a comparator were in you can compare various term insurance policies. Click here to compare.

 

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