What is 1cr term insurance?

What is 1cr term insurance?

A 1cr Term Plan is a term policy with a sum assured of ₹ 1 Crore which is paid as death benefit to the family/beneficiary in case of death of policyholder. Basically, having an 8-figure amount set aside for contingencies can put your mind at ease and take care of many of your insurance and expenditures.

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