Life is beautiful, but the uncertainties it holds can make it look ugly. In some cases, the uncertainties can lead to critical health problems, resulting in financial burden. One way to minimize the financial impact of such uncertainties is to buy term insurance. An online term plan can help you build a financial safety net for your family.

Life insurance plans, especially term policies, are quite popular among the masses because of its budget-friendly rates of premium payable against a significant life cover.

Another reason behind the popularity of the term insurance plans is the provision of maturity or survival benefits under the policy.

The very nature of a basic online term policy is that it offers life cover but no maturity benefits. It means that you will not get the benefits from your term plan if you survive the chosen tenure. However, there is a silver lining in this aspect.