Archive · 25 Jul 2025

Insurers Offer Discounts on High Sum Assured Term Plans

Insurers Offer Discounts on High Sum Assured Term Plans

Term insurance plans, especially those with high coverage amounts, are offering discounts of up to 15%.

These plans are like a safety net that pays a large sum of money to your family if something happens to you.

They cover a specific amount, often ₹1 crore or more, for a set period of time.

You pay a fixed amount regularly, and if you pass away during that time, your family gets the full amount covered.

It's a way to make sure your loved ones are financially secure.

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