Term Insurance Plan Meaning
Sanikasawant28 Jul, 2021Other
Term insurance plans provide a high life insurance amount at affordable premium*. For instance, with ICICI Pru iProtect Smart, you can get a Life Cover of 1 crore at a premium of just 490 per month. This premium rate is for 1 Crore life cover for a 25 year old healthy male for a policy term of 21 years with regular income payout option. The annual premium will be 5725 & the monthly premium will be 490. The premium amounts are inclusive of taxes.
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