Term Insurance Uncomplicated with Paz Advisory

Our experts will assess your needs and find the perfect term life insurance as per your needs. No spam - we promise!

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What is term insurance?

Term insurance is a type of life insurance that offers affordable financial protection to your family in case of any mishaps. It provides a high amount of coverage (known as the sum assured) at a low premium rate. If the insured person passes away during the policy term, the benefit amount is paid out to the nominee.

Think of term life insurance as your financial superhero! It swoops in to save your loved ones from financial distress should anything happen to you.

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What is term life insurance

Who should buy term insurance policy?

Young

Especially single breadwinners concerned about their mom and dad benefit from lower, fixed premiums by purchasing term insurance early.

Newly married

A time of excitement and hope, and also a time for a gift that endures by securing your spouse’s financial future, covering essential expenses and providing both lump sum and income protection in the future.

Parents

A term plan secures your children's financial future by covering education, extending coverage into adulthood, aiding debt repayment, and enabling them to pursue their dreams without financial worries.

Women

Whether as a professional, daughter, wife, or mother, you ensure financial security by covering education, marriage, loans, health expenses, and critical illnesses.

Family

Address anxiety and insecurity with financial support for your family's essential expenses, covering immediate needs and providing regular income.

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What is covered in term insurance policy?

Death Benefit

A payment will be made to your family members if something happens to you during the term of the policy.

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Critical Illness

A lump sum will be paid if you are diagnosed with a specific critical illness covered by the policy.

Accidental Death

An additional payment will be made to your family if your death is the result of an accident.

Disability Coverage

Financial support will be provided if you become disabled and are unable to work, as outlined in the policy.

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Why choose Paz Advisory for your term insurance plan?

We don’t sell. We consult

Connect with exceptional advisors for unbiased recommendations tailored to your needs - no pushy salesman, just quality service.

End-to-end claim support

Buy from us and get streamlined end-to-end support covering all claims - no hassles, just proactive assistance.

Trusted by great brands

We are trusted by 1500+ corporates for their insurance requirements. You can rely on us for comprehensive coverage and seamless service.

How  does Paz Advisory help you with your term insurance plan?

01

🤙 Talk to our Paz advisors

02

🤝 Help our advisors understand your needs.

03

🧩 We’ll get back to you with our best recommendations.

04

🙌 You finalize the plan that best suits you. You are now secured!

FAQs on term insurance policy

Have questions? We are here to help

Will the advisor compare term insurance plans for me?

Yes, the advisors will do the groundwork for you after understanding your needs and then compare multiple policies and will also assist you with decision making.

What are the eligibility criteria to purchase term life insurance policy?

To be eligible for a term life insurance policy, you typically need to be at least 18 years old, have a steady income, undergo a health assessment, and meet residency requirements. Lifestyle and occupation also influence your eligibility and premium rates.

What is the ideal cover for term life policy?

The ideal coverage amount for a term life insurance policy varies depending on individual circumstances but generally aims for a death benefit that is 10 to 15 times your annual income. This can provide sufficient financial protection for your dependents, helping them cover daily living expenses, debts, and future needs like education and retirement savings after your passing.