Term Insurance

Intermediate

Complete guide to Term Insurance in India — Pure Term Plans, Return of Premium, Group Term Life, Riders, Claim Settlement, NRI policies, and comparison frameworks.

0% complete0/9

9 Sections

Pure Term Plans — Structure, Benefits & Limitations

A Pure Term Plan is the most fundamental form of life insurance. It provides a fixed death benefit to the nominee if the...

5 MCQs3 FAQs

Return of Premium (TROP) Term Plans

A Return of Premium Term Plan (TROP) is a variant of the standard pure term plan that returns all premiums paid to the p...

5 MCQs3 FAQs

Group Term Life Insurance

Group Term Life Insurance (GTLI) is a life insurance policy issued to a group of people — typically employees of a compa...

5 MCQs3 FAQs

Increasing & Decreasing Term Plans

Increasing and Decreasing Term Plans are specialized variants of pure term insurance where the sum assured changes over ...

5 MCQs3 FAQs

Term Plan Riders — Accidental Death, Critical Illness, Waiver of Premium

Riders in term insurance are supplementary benefits that can be attached to a base term plan by paying an additional pre...

5 MCQs3 FAQs

Claim Settlement Process & Documentation

The claim settlement process in term insurance refers to the end-to-end procedure through which the insurance company ev...

5 MCQs3 FAQs

Term Insurance for NRIs

Term insurance for Non-Resident Indians (NRIs) refers to term life insurance policies issued by Indian insurance compani...

5 MCQs3 FAQs

Comparison Framework — How to Evaluate Term Plans

A comparison framework for term insurance is a structured methodology that enables policyholders, advisors, and POSP age...

5 MCQs3 FAQs

IRDAI Regulatory Updates 2024–2026

Between May 2024 and 2026, IRDAI rolled out the largest set of policyholder-protection reforms in over a decade. The hea...

5 MCQs5 FAQs