🛡️ Why Term Insurance Is a Must-Have in Every Financial Plan
Term insurance is one of the most important yet often overlooked elements of a robust financial plan. It provides a large life cover at a very affordable premium, ensuring your family remains financially secure in your absence.
📌 What Is Term Insurance?
Term insurance is a pure protection life insurance product that pays your family a lump sum if something happens to you. Unlike traditional policies, there’s no maturity or survival benefit—just solid, cost-effective protection.
✅ Top Reasons to Buy Term Insurance
- 📍 Low premiums, high coverage
- 📍 Financial security for dependents
- 📍 Tax benefits under Section 80C & 10(10D)
- 📍 Peace of mind for the long-term
- 📍 Covers major life risks (accident, illness, etc.)
🔁 Term vs ULIP/Endowment – A Clear Winner
Unlike ULIPs or traditional plans that mix insurance with investment, term insurance does one thing – and does it best: protect your family. It’s simple, efficient, and easy to manage.
🧮 Calculate How Much You Need
Not sure how much cover you need? Use our smart Human Life Value tool to find the ideal term cover based on your income, age, and existing insurance.
🧮 Calculate Your Term Cover📞 Niveshnama Helps You Choose Right
- ✅ Compare plans from leading insurers
- ✅ Calculate right cover using HLV Method
- ✅ Claim support and renewal reminders
- ✅ Zero cost consultation
📬 Contact Us
Email: niveshnama@gmail.com
WhatsApp: +91 7571990152
Website: niveshnama.github.io/niveshnama-toolkit
We are AMFI & IRDA Certified. Trusted by families across India.
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