Finance Central

When is the Correct Age to Buy a Term Insurance Plan?


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Hello and welcome, everyone, to our show “Finance Central” where we talk about everything from finance to insurance, and help you find suitable plans based on the modern market trends.

Term life insurance is one of the ways to secure your financial future. However, the time at which you purchase a term plan significantly contributes to the quantum of returns. This is where 'Taking the right decision at the right time' has great importance!

In today’s episode, we will talk about the correct age to buy a term insurance plan. We will also discuss the benefits of taking such a decision.  

Source: Indian Insurance Industry Overview & Market Development Analysis

Products:

Tata AIA Term Insurance Plans

Tata AIA Life Insurance Waiver of Premium Plus Rider (UIN- 110B029V02)

Tata AIA Life Insurance Comprehensive Protection Rider (UIN- : 110B033V02)

Disclaimers:

● #Riders are not mandatory and are available for a nominal extra cost. For more details on benefits, premium charges and exclusions under the Rider(s), please contact Tata AIA Life's Insurance Advisor/ Intermediary/ Branch.

● *Income Tax benefits would be available as per the prevailing income tax laws, subject to fulfillment of conditions stipulated therein. Income Tax laws are subject to change from time to time. Tata AIA Life Insurance Company Ltd. does not assume responsibility on tax implication mentioned anywhere on this site. Please consult your own tax consultant to know the tax benefits available to you

● Insurance cover is available under the product.

● The products are underwritten by Tata AIA Life Insurance Company Ltd.

● The plans are not a guaranteed issuance plan and it will be subject to Company’s underwriting and acceptance.

● For more details on risk factors, terms and conditions please read sales brochure carefully before concluding a sale.

● This podcast is for information and illustrative purposes only and does not purport to any financial or investment services and do not offer or form part of any offer or recommendation. The information is not, and should not be regarded as investment advice or as a recommendation regarding any particular security or course of action.

● Please know the associated risks and the applicable charges, from your Insurance agent or the Intermediary or policy document issued by the insurance company.

● Every effort is made to ensure that all information contained in this podcast is accurate at the date of publication, however, the Tata AIA Life shall not have any liability for any damages of any kind (including but not limited to errors and omissions) whatsoever relating to this material.

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Finance CentralBy FinanceCentral