LIC Term Insurance Plans
Maximum Protection at Minimum Cost. Secure your family’s financial future against life’s uncertainties.
What is Term Insurance?
Term insurance is the simplest and most fundamental form of life insurance. It provides a death benefit to the nominee if the insured person dies during the policy term. If the insured survives the policy term, typically no benefit is paid. It’s designed purely for protection.
Key Features of LIC Term Plans
- High Sum Assured at Affordable Premiums
- Pure Risk Cover: Focused solely on death benefit
- Multiple Premium Payment Options (Regular, Limited, Single)
- Option to Add Riders (e.g., Accidental Death, Critical Illness)
- Tax Benefits under Section 80C and 10(10D)*
Who Should Opt for Term Insurance?
- Primary breadwinners of the family.
- Individuals with dependents (spouse, children, elderly parents).
- Those with significant financial liabilities like home loans or other debts.
- Young individuals looking for high cover at low cost.
Get Your LIC Term Plan Quote Today!
Discover how Bimadhan simplifies your journey to financial security by offering expert guidance, personalized solutions, and dedicated support for all your insurance, loan, and investment needs.
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