Term Insurance - one of must have?

Term Insurance - one of must have?

Published on 6 September 2023

A Moovly project generated with GPT.

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Kulkarni Gruh Udyog
Kulkarni 's Personal Gallery
Transcript
00:00
Welcome to our guide on term insurance, a must-have for every adult.
00:05
Term insurance provides coverage for a specific period, usually ranging from 10 to 30 years.
00:11
It acts as a financial safety net for your loved ones in case of your untimely demise.
00:17
The premiums are generally lower compared to other insurance options, making it an affordable choice for many.
00:24
Term insurance pays out a lump sum death benefit to your designated beneficiaries, helping them cover expenses such as mortgage payments, education costs, or outstanding debts.
00:35
This coverage allows your family to maintain their standard of living and meet financial obligations during difficult times.
00:42
Keep in mind that term insurance does not accumulate cash value over time like other types of life insurance.
00:49
It solely offers protection for a fixed period.
00:53
So why wait?
00:55
Safeguard your family's future today by opting for term insurance coverage.?