Term Insurance Plans

Many individuals consider 10–15 times their annual income as a starting point, adjusted for loans, dependents, and future expenses like education or marriage

Medical tests may be required based on age, coverage amount, and health profile. For higher cover amounts, insurers typically request medical evaluation

Premiums depend on age, health condition, smoking status, sum assured, policy term, and chosen riders

Yes, many term plans are available for online purchase with a simplified process, subject to eligibility and underwriting

Some plans offer payout flexibility such as lump sum, monthly income, or a combination, depending on plan features.

If premiums are not paid within the grace period, the policy may lapse and coverage may cease. Revival options may be available as per policy terms

Term insurance generally covers death due to natural and accidental causes, subject to policy exclusions and terms

Many individuals choose a term that covers their earning years or until major financial obligations are completed.