Term Insurance
Term Insurance
Secure Their Future, Even When You’re Not Around.
Term insurance is the most basic and essential form of life insurance—built purely to protect. It doesn’t come with maturity benefits or investment elements, which makes it highly cost-effective. In the event of the policyholder’s unfortunate demise during the policy term, the nominee receives a lump-sum payout, ensuring continued financial support.
This payout can cover essential expenses such as home loans, education fees, household needs, or future goals. What makes term insurance even more effective is its flexibility—you can choose policy terms based on your age and responsibilities and enhance protection through riders like critical illness, accidental death, or waiver of premium.
For young professionals, married couples, and parents, term insurance acts as the foundation of financial planning. The premiums are low when you buy early, and the coverage amount can be significant enough to replace your income for decades. With tax benefits under Sections 80C and 10(10D), it also adds to your overall savings.
At PTIC India, we ensure that choosing term insurance is an informed and hassle-free experience by offering expert comparisons, personalized suggestions, and full support throughout the process.
Key Benefits of Term Insurance
High Coverage at Low Premiums
Offers large life cover amounts at the most affordable cost compared to other insurance products.
Financial Security for Family
Ensures that your dependents are financially protected in your absence.
Simple and Transparent
Easy to understand with no hidden charges or complicated investment features.
Add-on Riders for Enhanced Protection
Options like critical illness cover, accidental death benefit, and waiver of premium for added peace of mind.
Flexible Tenure Options
Choose the duration of the policy based on life stage and responsibilities
Tax Savings
Enjoy tax deductions on premiums under Section 80C and tax-free death benefits under Section 10(10D).
Why Choose PTIC India for Term Insurance
In today’s uncertain world, protecting your family’s future is non-negotiable. Term insurance ensures that your dependents do not face financial stress in your absence. It provides a substantial life cover at an affordable premium, making it one of the most practical and essential forms of life insurance.
Whether you’re just starting your career, managing a growing family, or planning for long-term goals, term insurance adapts to your life stage. You can select your coverage term and sum assured, and enhance your protection with riders like accidental death benefit, critical illness cover, or waiver of premium.
PTIC India simplifies the process of selecting the right term insurance. We assess your financial profile, liabilities, and lifestyle to recommend suitable plans from India’s leading insurers. Our experts help you understand the pros and cons of each policy—so you don’t just buy a plan, you buy peace of mind.
We also assist with medical underwriting, premium analysis, rider selection, and application filing—whether you prefer an online process or need offline support. In case of any claim, we guide your family step-by-step to ensure timely settlement.
With PTIC India, buying term insurance becomes more than a formality—it becomes a wise decision that guarantees your family’s financial future, even in your absence.
