A term insurance policy is one of the simplest forms of life insurance plan. However, many people don’t know certain facts about it. Read on to know some interesting fact that every term insurance buyer ought to know. When it comes to buying a life insurance policy for your family, you may surely want to buy the best plan, right? And, it is only natural to be sceptical about buying a term plan as it does not offer any maturity benefits. This means you will lose the premium you pay if you outlive the policy period. But, you must know that the term plan compensates for no maturity benefit with high death benefit in the event of your unfortunate demise within the policy period. The amount that your family may receive can help them live comfortably without compromising on their usual lifestyl
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