What is Level Term Insurance?
July 10, 2023 ⚊ 1 Min read ⚊ Views 49 ⚊ BLOGOne of the most common and basic forms of term life insurance available to customers are level term plans. Under such a plan, the sum assured of your policy (life cover) and the premium as well as any other benefits will remain the same during the entire tenure of the policy. The premium of such a plan is usually determined by your bank or financial institution on the basis of your needs and liabilities.
Tags: level insurance, level term insurance