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Term insurance is a pure protection life insurance policy.
It provides coverage for a defined period in exchange for a specified premium amount.
In case of an unfortunate event during this time frame, the insurer provides a guaranteed# payout.
It compensates your nominee for the loss of your income.
Term insurance plans provide financial security to the family of the beneficiary in case of death of the policyholder and also get optional coverage for critical illnesses or accidental death.
Affordable premium, life coverage with financial security, and income tax benefits is an important feature of term insurance plans.
And in this video, we learn about what Term Insurance is, how it works and who it is for
00:00 - What is Term Insurance Riders?
00:49 - Accidental Death Benefit Rider
01:51: Critical Illness Rider
04:04 - Accelerated Death Benefit Rider
05:11 - Accidental Disability Benefit Rider
06:05 - Waiver of Premium Rider
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Scripted & Hosted by: Aditi Khandelwal
Edited by: Ritesh Parihar
Subtitles by: Tania Ngariyambam
Link: drive.google.com/file/d/1vsiJ...
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