SATVAM Consulting: Corporate Training and Workshops, Placements, Tax and Investment Planning, Home Loan, Tax advisory, mutual funds

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.


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