Term Life Insurance

Term life Insurance is the simplest form of assurance, also known as life insurance, that guarantees payment of a stated Death Benefit during a specified term. Once the term expires, the policyholder can either renew for another term, convert to permanent coverage, or allow the policy to terminate and in case of his survival nothing is payable to him.

When you buy a term life policy, an insurance company promises that it will pay your beneficiaries a set amount if you die during the policy’s term. In exchange, you pay premiums to the company as per agreed schedules for the duration of that term. This benefit can be used by beneficiaries in any way they choose.

We at UNISON have dedicated team members who not only have in depth subject knowledge & experience that enables you to choose among the best suited policy, but we also help you tailor them as per your requirement.

Key Coverages:
  • Death Benefit
  • Lump sum amount to take care of immediate financial liabilities
  • Monthly income to sustain the household needs
  • Tax Benefit
  • Accidental Death Benefit