Term Insurance For Diabetic
Live Well, Be Protected.
Term Insurance For Diabetic
Term Life insurance provides coverage for a fixed period of time at a fixed premium rate.
In the event of the insured’s untimely death during the policy term, the nominee receives the Total Payout/Benefit.
The benefit can be disbursed as a lump sum payout, a combination of Lump sum & Monthly payout, or solely as a Monthly payout.
Therefore, Term insurance plans are considered pure protection plans, ensuring the financial stability of dependents in case of the insured’s untimely death.
Therefore, Term insurance plans are considered pure protection plans, ensuring the financial stability of dependents in case of the insured’s untimely death.
Benefits of Term Life Insurance:
Death Benefit: In the unfortunate event of the insured’s death during the policy term, the nominee receives the Total Payout as either a Lump sum amount or a combination of Lump sum & Monthly amount. This lump sum helps cover immediate financial obligations, while the monthly amount sustains the family’s lifestyle.
Tax Benefit: Premiums paid for Term Life Insurance are Tax-free under section 80(C) up to an amount of Rs 1,50,000, providing additional savings for the policyholder.
Rider Benefits: Riders enhance the basic plan offering, allowing customization of coverage. These include:
Accidental Death Benefit rider, offering an additional sum assured in case of death due to an accident.
Accidental Disability rider, providing an immediate lump sum payment in the event of disability caused by an accident.
Critical Illness rider, offering additional coverage if the insured is diagnosed with a critical illness specified in the rider.
Waiver of Premium rider, waiving all policy premiums if the insured is diagnosed with permanent disability or a critical illness.
Option to Increase Death Benefit: Certain plans offer the flexibility to increase the life cover at significant life stages such as marriage or the birth of a child, ensuring adequate protection for the insured’s family.
Key Factors to Consider When Comparing SecureEzy Term Life Insurance Plans:
Total Payout: Evaluate the total payout provided by each plan to ensure it adequately meets the financial needs of your beneficiaries.
Premium Amount: Assess the premium amount required to secure the desired payout, ensuring it remains within your budgetary constraints.
Policy Term: Consider the duration of coverage offered by each plan and select one that aligns with your financial objectives and plans.
Claim Settlement Ratio: Look for plans with a high claim settlement ratio, indicating the insurer’s reliability in processing and honouring claims promptly.
*Disclaimer
Based on your profile.
+Starting price of Rs. 473/month (Rs. 15/day) for a 1 crore term life insurance for an 18-year-old male, non-smoker, with no pre-existing diseases, covering up to 38 years of age.
+Starting price of Rs. 12/day for a 50 lakhs term life insurance for an 18-year-old male, non-smoker, with no pre-existing diseases, covering up to 38 years of age.
+Starting price of Rs. 18/day for a 75 lakhs term life insurance for an 18-year-old male, non-smoker, with no pre-existing diseases, covering up to 38 years of age.
+Starting price of Rs. 586/month for a 1.5 crore term life insurance for an 18-year-old male, non-smoker, with no pre-existing diseases, covering up to 38 years of age.
+Starting price of Rs. 678/month (Rs. 21/day) for a 2 crore term life insurance for an 18-year-old male, non-smoker, with no pre-existing diseases, covering up to 38 years of age.
+Starting price of Rs. 897/month for a 3 crore term life insurance for an 18-year-old male, non-smoker, with no pre-existing diseases, covering up to 38 years of age.
+Starting price of Rs. 1,336/month for a 5 crore term life insurance for an 18-year-old male, non-smoker, with no pre-existing diseases, covering up to 38 years of age.
+Starting price of Rs. 1,879/month for a 7 crore term life insurance for an 18-year-old male, non-smoker, with no pre-existing diseases, covering up to 38 years of age.
#Full refund of the premium may be availed when you opt to exit the policy at a pre-defined interval. On availing the one-time option to exit, the total base premium is returned by the Insurer excluding GST & premium paid for additional optional benefits.
+Starting price of Rs. 525/month for a 1 crore term life insurance for an (NRI) 18-year-old male, non-smoker, with no pre-existing diseases, covering up to 38 years of age.
+Starting price of Rs. 802/month for a 2 crore term life insurance for an (NRI) 18-year-old male, non-smoker, with no pre-existing diseases, covering up to 38 years of age.
+Starting price of Rs. 1,080/month for a 3 crore term life insurance for an (NRI) 18-year-old male, non-smoker, with no pre-existing diseases, covering up to 38 years of age.
+Starting price of Rs. 1,635/month for a 5 crore term life insurance for an (NRI) 18-year-old male, non-smoker, with no pre-existing diseases, covering up to 38 years of age.
+Starting price of Rs. 2,289/month for a 7 crore term life insurance for an (NRI) 18-year-old male, non-smoker, with no pre-existing diseases, covering up to 38 years of age.
This plan provides an option for ‘Return of Premium’ wherein full refund of the premium (excluding GST & premium paid for additional optional benefits) is provided as a part of maturity benefit on survival of the Life Assured till the end of the policy term.
Prices offered by the insurer are as per the IRDAI approved insurance plans | #All savings and online discounts are provided by insurers as per IRDAI approved insurance plans | Standard Terms and Conditions Apply | **Tax Benefits are subject to changes in tax laws.| EZY WISE SERVICES INSURANCE BROKERS PRIVATE LIMITED
*Pre-approved term plan is only available for eligible existing customer base determined by insurers.
*We will respond in the first instance within 30 minutes of the customers contacting us. 30-minute claim support service is for the purpose of giving reasonable assistance to the policyholder in pursuance of the claim. Settlement of claim (including cashless claim) is the responsibility of the insurer as per policy terms and conditions. The 30-minute claim support is subject to our operations not being impacted by a system failure or force majeure event or for reasons beyond our control. For further details, 24×7 Claims Support Helpline can be reached out at +917087022236.
*Additional premium is payable for riders opted.
For more details on risk factors, terms and conditions, please read the sales brochure carefully before concluding a sale.
EZY WISE SERVICES INSURANCE BROKERS PRIVATE LIMITED | CIN No. U66220CH2023PTC044944 | License Category: Direct (Life & General) | Registered Office – SCO-10,11,12, Ground Floor, SECTOR-17B, Chandigarh-160017 | Registration No. 928 VALID FROM 03-JAN-2023 Το 02-JAN-2027 | Website: www.secureezy.com Emall: Info@secureezy.com
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