PolicyBazaar.com ---- For Purchasing Term Plans in Three Easy Steps

With its three easy steps and unbiased comparative system, PolicyBazaar.com is helping the customers in comparing the term insurance plans, available in India. After comparing, they can purchase a term policy that can provide the maximum risk cover a

Gurgaon, India (prHWY.com) May 21, 2012 - Gurgaon, Haryana, 21 May 2012 : PolicyBazaar.com is providing the best research tools for comparing the term plans available in India. Term plans are pure risk plans that provide protection for a specified period of time. Their features include enhanced sum assured, grace period, lapsed policy reinstatement and free look cancellation. By comparing the features and tax benefits on PolicyBazaar.com, customers can find the best term plans that would provide financial protection to their families in their absence.

Talking about the term plans, a senior manager working with the online portal said, "Term insurance is known as a pure risk cover plan. This is because, it helps you mitigate the financial problems associated with any life arising to you and not only it mitigates the risk but it also helps your loved ones to overcome that financial trauma which has arisen because of that particular risk."

Tax benefits under section 80C, 80D and 10 (10D) of the Income Tax Act, 1961 are also applicable on the money paid as premiums for the term insurance plans. The term insurance plans also have the option of paying single or regular premium. In these plans, additional benefits options can be availed at marginal costs.

The senior manager further said, "Our aim is to simplify the purchase of financial products, especially insurance. You can get free quotes and compare the products on the basis of premium and features. After a thorough research, you are able to select the most suitable plan for your needs and purchase it online through us."

For insurance comparison, there are a number of online portals on the web. But while purchasing a term insurance plan, the customers should also check the claim settlement ratio of the concerned company.

About The Company:

PolicyBazaar.com is an online portal that helps the customers compare insurance products as well as other financial products on the basis of premium and features. With its simplified research tools, the customers can select the most suitable life insurance plans that suit their requirement and purchase them online without any hassle.

Contact Details:

PolicyBazaar.com
Ground Floor,
119, Sector 44,
Gurgaon - 122001, Haryana
India
Toll Free number: 1800 103 3999
Email: custcare@policybazaar.com
Website: http://shopping.policybazaar.com
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Tag Words: insurance comparison, life insurance plans

Categories: Business

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