Term Life Insurance Set To Get Costlier. Here’s How Policies Stack Up
Moneylife Digital Team 09 April 2021
Term life insurance is a pure-risk insurance cover that pays death benefit in case the life assured dies during the policy term. Premium on term life insurance is the cheapest compared to other forms of life insurance, mainly due to the absence of any savings or investment component.
Even otherwise, term life insurance premium has been super low, mainly because of high competition...
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