Is it beneficial to take term-insurance?

Is it beneficial to take term insurance? I have heard that as such not much return is received except the death benefit? What is experts view on this?

Replies (6)
Quick Summary
This discussion explores the benefits of term insurance, questioning its value beyond the death benefit. While some capital guarantee products offer a return of premium, the impact of inflation on these nominal returns is a key concern. Experts suggest weighing term insurance against other life insurance plans based on individual needs and financial goals.

I think you should take it.

Can you please list down some benefits I will get by investing in a term insurance plan?

I think these are capital guarantee products and redeemable. Generally, ESI is enough if term insurance is not redeemable. 

They do guarantee capital return in full but what about the inflation too? Because of the inflation in the long run the value of the money is decreasing only? So what benefit apart from capital guarantee will I get?

https://www.policybazaar.com/life-insurance/capital-guarantee-plans/

Yes you returns will be effected. These capital guarantee products will give family coverage plus the company invests them in a portfolio. Due to inflation, returns are nominal and not real.

Yes, definitely the returns are very nominal and not even real in a term insurance plan. It is better to invest in a life insurance plan only according to what the benefits of it are. 

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
04 September 2026
CA inter Or ca finalist

A Jaiswal and company

Lucknow

CA Final

View Details
Company
ARTICLESHIP 26 August 2026
Article Assistant

ANIVESH CONSULTANTS LLP

Gurgaon

CA Inter

View Details
Company
28 August 2026
Audit Manager

K A R M & CO

Mumbai

CMA

View Details
Company
ARTICLESHIP 01 September 2026
Articles

Saini Pati Shah & Co LLP, Chartered Accountants

Mumbai

CA Foundation

View Details
Company
18 August 2026
CA Semi Qualifies

Goyanka and Associates

New Delhi

CA Inter

View Details
Company
11 August 2026
Manager / Senior Manager - Statutory Audit

CommerceCareer

New Delhi

CA

View Details
Company
14 August 2026
Article Assistant CA Articleship

Eshwar & Co Chartered Accountants - Nungambakkam

Chennai

CA Inter

View Details
Company
14 August 2026
Semi Qualified

Goyanka & Associates

New Delhi

CA Inter

View Details