Term Insurance Plans:
1.Term Insurance is valid only during a certain time period that has been specified in the contract
2.Only Death Benefit
3.A term insurance policy comes handy as an income replacement plan
4.Term Assurance can be bought as a standalone policy as well as a rider with another policy
5.In decreasing term insurance, the premiums paid remain constant over time
6.Term insurance plan is a good choice for an individual who needs insurance and has a low budget
7.Price is the primary basis of competitive advantage in term assurance plans.
1.Term Insurance is valid only during a certain time period that has been specified in the contract
2.Only Death Benefit
3.A term insurance policy comes handy as an income replacement plan
4.Term Assurance can be bought as a standalone policy as well as a rider with another policy
5.In decreasing term insurance, the premiums paid remain constant over time
6.Term insurance plan is a good choice for an individual who needs insurance and has a low budget
7.Price is the primary basis of competitive advantage in term assurance plans.
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