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Term plan

This query is : Resolved 
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(Querist)
24 November 2014 kindly through some light on term plan
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Amol S Joglekar

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Amol S Joglekar (Expert)
24 November 2014 It is the term used in insurance business. The period of insurance is termed as TERM.
The insurance policy (Insurance Plan) for a fixed term (predecided) is refered to as TERM PLAN
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Rupesh Jain

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Rupesh Jain (Expert)
25 November 2014 this policy for the risk cover you can not get anything after on maturity of policy
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