
How Much Does a ₹1 Crore Term Insurance Plan Cost in 2025?
Friday, May 16, 2025 18:05:07
New Delhi [India], May 16: Term insurance is a very simple and effective way of securing your family's financial security in case of an unforeseen event. With growing living expenses and a growing lifestyle, an ₹1 crore term insurance policy has become a favourite for those evaluating a high-flying financial pillow. But how much does such a cover cost in 202,5 and how is the price determined? Let's dig deeper to form a better scenario.
What Is Term Insurance?
Term insurance is life insurance that allows for payment of premiums for a specific term or term. On the death of the insured person within the term, then the amount assured is awarded to the nominee in order to help them obtain money during a difficult time. Term insurance is free from the matur...