What should be the Term of my Term Plan

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  • One of the factors you should consider when..

    Buying a Term Plan is.

  • the duration of the term plan

  • 15 Years, 20 Years, 25 YearsUp to 30 Years

    Insurers offer term plans with different tenures

  • You should determine the duration of your term

    plan based on the risk factors in front of you

    And the time left for your retirement

  • A Term Plan should Help you with

    Protecting your Savings

  • Finance your familys monthly

    expenses if you are not around

  • Help support your financial

    goals when you are not around

  • A Term Plan should provide

    the following Benefits

  • Adequately fund your familys life

    journey in your absence

  • Replace your monthly income with

    a steady flow of money

  • Service and aid foreclosure of outstanding loans

  • Take care of medium term expenses

  • Provide lump-sum amount for key life-events. (Ex.

    Higher education, marriage, etc. )

  • The Duration of your Term Plan should

    be based on:

    Your time to retirement Your financial goals&

  • Have you reached out to a consultant yet?

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