The Ultimate Guide to Building Wealth with SIPs and Mutual Funds
Term insurance is a type of life insurance that offers pure protection for a fixed period (term). If the policyholder passes away during the term, their family receives a lump-sum payout, ensuring financial stability during life’s most difficult times.
Unlike other insurance plans, term insurance does not offer maturity benefits — it’s designed solely for risk coverage at the most affordable cost.
Life is unpredictable. Term insurance acts as a financial safety net, ensuring your family doesn’t suffer financially if something happens to you.
High Coverage at Low Premiums
Protects Your Family’s Lifestyle
Pays Off Loans or Liabilities
Covers Children’s Education
Provides Peace of Mind
Term insurance is essential for anyone with dependents or financial responsibilities. If you are:
A salaried professional
A parent
A loan borrower
A business owner
Or simply someone who wants to ensure your loved ones are protected…
…you need a term plan.
| Feature | Term Insurance | Traditional Life Insurance |
|---|---|---|
| Purpose | Protection only | Protection + Investment |
| Premium | Low | High |
| Sum Assured | High | Moderate |
| Returns | No (pure risk cover) | Maturity benefit included |
| Flexibility | High | Limited |
Verdict: If your goal is affordable, high-value protection, term insurance is the better option.
A simple rule: Your coverage should be at least 10–15 times your annual income.
If your salary is ₹6,00,000/year
→ You should have a term plan of ₹60–90 Lakhs.
Factors to consider:
Number of dependents
Existing liabilities (loans, EMIs)
Future expenses (children’s education, marriage)
Inflation
At Investment Sangam, we help you calculate the right cover — not too little, not too much.
Whether you’re ready to start investing or just exploring your options, feel free to reach out. We’re happy to guide you every step of the way.
Trusted financial advisors offering personalized investment, insurance, and wealth planning solutions for all.
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