What is term insurance PPT Sub.
                     What is Term Insurance
An Introduction.
 Term insurance is the simplest and purest form of 
life insurance. It provides financial protection to your 
family at the most affordable rates. With term 
insurance, you can get a large amount of life cover 
What is Term Insurance (i.e. sum assured) at a relatively low premium rate. 
The benefit amount is paid out to the nominee in case 
of death of the person insured during the term of the 
policy.
 “Riders” are add-on benefits or amendments 
attached to your basic term insurance plan. These 
can be purchased at a nominal rate. They allow the 
Advantage policyholder to customize the plan according to their 
of Term Plan needs. ICICI Prudential offers these riders - Waiver of Premium, Critical illness, Accident Death, and 
Permanent or Partial Disability.