Term Plans Protect your loans

Terms plans are pure insurance plans. The benefits of the term plans are as under :

• Pure term plans provides higher risk cover with less insurance premium.
• It allows you to segregate insurance needs from investment needs.
• It is useful to cover the loan liability of the individual
• Surviving family members are not burdened with servicing the loan of deceased borrower.
• The property is protected. For example – in case of housing loan, generally house is mortgaged against loan. Loan repayment with the insurance claim ensures that property is released by the bank or financial institution.
• Constant life insurance benefit irrespective of subsequent decrease in outstanding loan.
• The following loans may be covered
• Home loan
• Business loan
• Credit card loan
• Personal loan
• Vehicle loan
• Employer loan
• Loan from family & friends
• Any other loan

For further details Call on- 022- 6698 1100 or Mail us on : info@satvam.com with your contact details or write to us.