Term Life insurance
Term Life Insurance
- High Coverage at Low Premiums
- Pure Protection
- Flexible Policy Terms
- Simple Process & Fast Issue
A term life insurance plan from Ivanta Easy Loans provides high-value financial protection for your family by offering a substantial sum assured at affordable premiums. This policy ensures that, in the unfortunate event of your passing during the policy term, your nominees receive a lump sum amount to help them maintain their lifestyle, clear outstanding debts, and achieve major life goals. It is a smart, efficient alternative to other life insurance types, focusing purely on providing a robust safety net without the complexity or cost of investment-linked plans.
When you choose term life insurance from Ivanta Easy Loans, you benefit from quick policy issuance, transparent claims process, and a wide range of customizable options, including critical illness and disability riders. Many customers trust Ivanta Easy Loans for its customer-centric service, expert advisory, and strong claim settlement support.
FAQs
It is a pure life cover plan that pays a lump sum to your nominee if you die during the policy term. There are no maturity benefits, except in policies with a return of premium feature.
Anyone with financial dependents—spouse, children, parents, or loans—should consider buying term life insurance for their family’s financial security
Policy terms typically range from 5 up to 40 years, giving you flexibility to match your specific needs—children’s education, home loan tenure, etc.
Generally, yes—most insurers require a basic health assessment, but some offer policies without medicals subject to age and sum assured limits
You can add riders such as critical illness, accidental death benefit, waiver of premium on disability, and more for enhanced coverage
Yes, the death benefit is tax-free for your nominee under Section 10(10D); premiums paid are eligible for deduction under Section 80C
Standard term plans do not offer maturity benefits. Some plans, like “return of premium” options, refund your premiums if you outlive the term, usually at a higher premium
