A term life cover provides protection against the financial burden on the policyholder’s dependents in case the insured passes away.
Health insurance plans provide financial aid during medical emergencies to mitigate the expenses incurred.
Personal accident insurance provides coverage for burns, loss of limbs, broken bones, disabilities, etc., resulting from an accident.
|The death benefit is paid out on death. It is paid on maturity if you have opted for it.||The benefit is paid after the hospitalization process. It includes the ambulance charges, pre-and post-hospitalization charges, etc.||This policy pays out the benefits on death, permanent partial or total disability, and temporary total disability.|
|You should buy this policy if you are the sole breadwinner of the family.||This plan should be taken by people who are prone to health conditions, etc.||This is the right plan for individuals who may be hospitalized due to their dangerous nature of work.|