Business News
Understanding Term Insurance: Why Timing Matters More Than Tenure
May 20, 2025
New Delhi [India], May 20: Term insurance has long been considered the bedrock of financial security--offering pure protection without the frills of savings or investment. Unlike traditional life insurance plans, which blend coverage with wealth-building, term insurance is refreshingly simple: if the policyholder passes away during the policy term, their family receives a lump sum payout. That's it. No bonuses, no returns--just uncompromised protection.
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