WHAT ARE PURE TERM PLANS?
The premium that pure term plans charge is the lowest among life cover policies as they provide only life insurance for a specified number of years. Term plans don’t offer any returns as they focus only on providing life cover and have no savings element. If you outlive the policy, you will not get anything, but if you die during the term of the plan, your nominees will get the sum assured. So, if your aim is not to use insurance as an investment avenue, but to only protect your dependents from a financial crisis in case you die prematurely, pure term is the product as it will serve your need at the lowest cost.

Declining premiums :-

MetLife Offers a special Plan

Term and Permanent Life Together

If you want life insurance for a limited time — long enough to meet your anticipated responsibilities to those who depend on you, but not longer — Term Life Insurance may be right for you.
If you value-added security, flexibility, cash value and lifetime coverage, some form of Permanent Life Insurance may be right for you.

Term Life Basics
•Provides coverage for a specified period
•Easy to understand
•Affordable way to get maximum coverage
•Becomes expensive after the specified period
•You build no equity

Permanent Life Basics
•Protection for your whole life, as long as sufficient premiums are paid

LifeGuard is a cost effective plan, act as a shield that protects your family from financial insecurity.

Features and Benefits:
Death Benefit: The sum assured will be paid to the beneficiary in case of death of the life assured
Extended Life Cover: It also offers a unique feature of extended life cover for 5 yrs after maturity of policy.
Additional Riders: Protect your family from accidents and disability by adding on the Accident and Disability Benefit Rider (ADBR) and the Waiver of Premium Rider (WOPR).
• ADBR: The rider benefit amount will be paid to your family in the event of death or disability due to an accident.

ICICI-Prudential offers 3 Term Plans
1. Life Guard
2. Save n Protect
3. CashBak

1. Life Guard
This Plan comes in three variants:
• LifeGuard (life cover without maturity benefit)
• LifeGuard with Return of Premium (life cover with maturity benefit)
• LifeGuard Single Premium (premium at policy inception, cover till policy matures)

Benefits
Death benefit: The beneficiary gets the total sum assured in the event of death of the life insured
Extended life cover: Get an extended Life cover at 50% of the original Sum Assured—for 5 years after your policy terminates with the return of premium
Additional riders: There are 2 Rider benefits attached to the plan

Compare Term Plans   Date of Birth Day12345678910111213141516171819202122232425 262728293031 Month JanFebMarAprMayJunJulAugSepOctNovDec YYYY19501951195219531954195519561957195819591960196119621963196419651966196719681969197019711972197319741975197619771978197919801981198219831984198519861987198819891990   Policy Term (Year) Select510152025   Sum Assured Select250000500000100000015000002000000250000030000003500000400000045000005000000

We at BimaDeals always strive to make your insurance experience better. A lot of people have been seeking term plans lately and this prompted us to bring a term plan comparison for you. Please open the attached file to compare the prominent term plans.