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Protection for Family from ICICI Term Insurance & Max Health Insurance

Apr 28th 2019 at 10:07 AM

Term Insurance aims to secure your life against the uncertain events of life. By buying term life cover, you will cover the risk of your unfortunate demise during the term of policy.With this life cover, yourfamily or nominee will receive the lump sum amount (sum assured) in case of mishap. This plan assures the financial stability of your family.

In case, you survive through the entire policy term, there is no benefit provided under a term insurance plan.You can pick level (fixed sum assured) or increasing/decreasing term (sum assured is increased or decreased) cover. Also, there are some premium return term policies which pays back the aggregate of all premiums paid. As there is no investment element attached with the policy, the term insurance are quite reasonable than other insurance policies.

When it comes to buying term policies, you firstly require to assess your family’s financial needs and then pick an adequate cover to assure your family’s needs are fulfilled.

ICICI Term Insurance

ICICI Prudential Life offers the complete set of insurance products including child, retirement, protection and investment plans. You need to pick a plan that help to fulfill your family’s needs and obligations. With child plans, you will secure protection of your childeven when you are not around.

With ICICI Term Insurance plans such as iProtectSmart which assures you the comprehensive cover against uncertain events of life. This plan comes with 4 different plan options which help your loved ones to meet their needs. You can choose from lump sum, income benefit, increasing income and lump sum plus income benefit options.

Max Health Insurance

Apart from life cover, you are also advised to get the health insurance. A health insurance policy offers cover against expenses incurreddue to hospitalization arising from any illness or injury. With Max Health Insurance, you can choose from the customized range of health plans to cater the health care needs for you, your spouse, kids & parents. You can pick HeartBeat Family health plan that assures family cover against medical illnesses. There are other health plans that you can check if it suits your needs.

Star Health Term Insurance

Star Health is a top-known health insurance provider offering products to meet health care expenses. With Star Health Term Insurance, you will get the combination of life and health coverage. You can choose from Star First Care, Delite, Optima and other plans.

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