Term Insurance

Secure Your Future with Achievers Investments Term Insurance

Life is unpredictable, but your family's future shouldn't be. At Achievers Investments, we understand the importance of financial security for your loved ones, which is why we offer comprehensive term insurance plans designed to provide peace of mind and financial stability in the event of your untimely demise. Our term insurance policies ensure that your family is protected and financially secure, even in your absence.

Why Choose Achievers Investments Term Insurance?

  • Affordable Premiums: Get high coverage at affordable rates, ensuring that your family is protected without straining your finances.
  • Flexible Policy Terms: Choose from a range of policy terms that best fit your needs, whether you require short-term coverage or long-term protection.
  • High Coverage Options: Ensure that your family has the financial support they need with coverage amounts that can be tailored to your specific circumstances.
  • Simple and Quick Process: Our application process is straightforward, allowing you to secure coverage without unnecessary delays.
  • Rider Options: Enhance your policy with additional benefits such as critical illness coverage, accidental death benefits, and more.

Key Features of Achievers Investments Term Insurance

  • Life Coverage: Provides a lump sum payment to your beneficiaries in the event of your death during the policy term, ensuring their financial security.
  • Renewable Policies: Many of our term insurance plans offer the option to renew your coverage at the end of the term, allowing you to extend protection as needed.
  • Convertibility: Some term policies can be converted into permanent life insurance policies without the need for a medical examination, offering greater flexibility as your needs evolve.
  • Tax Benefits: Enjoy tax savings on the premiums you pay and on the benefits your beneficiaries receive under the applicable laws.
  • Rider Options: Customize your policy with riders like critical illness, disability income, and waiver of premium, ensuring comprehensive coverage.

Courses FAQ's

What is term insurance, and how does it work?

 

Term insurance is a type of life insurance policy that provides coverage for a specific period (the "term"). If the policyholder passes away during the term, the beneficiaries receive a lump sum payment, also known as the death benefit. If the policyholder survives the term, the policy typically expires without any payout.

How is the premium for term insurance calculated?

 

The premium for term insurance is determined based on factors such as the policyholder's age, health, lifestyle, occupation, and the desired coverage amount. Younger, healthier individuals typically pay lower premiums. The length of the policy term and any additional riders also affect the premium cost.

Can I renew my term insurance policy after the term expires?

 

Yes, many term insurance policies offer the option to renew at the end of the term. However, the renewal premium may be higher based on your age and health at the time of renewal. Some policies also offer a guaranteed renewal option, ensuring continued coverage without a medical exam.

What happens if I outlive my term insurance policy?

 

If you outlive the term of your insurance policy, the coverage expires, and no benefit is paid out. Some policies offer a return of premium option, where a portion or all of the premiums paid are returned to you if you survive the policy term, although this option usually comes with higher premiums.

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