
Term Life Insurance
Term Insurance provides coverage for a specific amount of time for example 1, 10, 20, 30 years with higher death benefit. If you should pass away before the term has ended your loved ones will receive the death benefit. Great for just starting a family, paying off mortgage if something should happen to you, Wealth accumulation, etc
Benefits
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Much more affordable than any other type of insurance contract
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Higher death benefit if something should happen to your during the term
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Hedge of protection against unforeseen circumstances
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Tax Benefits under section 80C of the Income Tax Act