Term Insurance
Term insurance is the simplest and most affordable way to secure your family's future. We help you pick the right cover amount, tenure and insurer.
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GrokProtect the people who depend on you
A term plan pays a fixed sum to your nominees if you pass away during the policy term. Because there is no investment component, premiums are low for a large cover - which is exactly what a family needs to replace lost income, clear loans and keep long-term goals like education and retirement on track.
Cover that matches your responsibilities
The right sum assured is based on income, liabilities and goals - not a round number.
- Scientific calculation of cover needed
- Comparison across insurers and features
- Riders for critical illness and disability
Why it's worth it
From your first conversation to ongoing service, everything is built around your needs.
High cover, low cost
Large protection for a small annual premium, especially when bought young.
Income replacement
Your family can maintain its lifestyle and meet its goals.
Loan protection
Home and other loans need not become a burden on your family.
Claims support
We assist your family with documentation and follow-up at the time of claim.
Simple, transparent, personal
We listen first and understand completely before suggesting anything.
- 1Understand your goals, family situation, time horizon and comfort with risk
- 2Shortlist relevant options as incidental advice and explain them in plain language - costs, risks and all
- 3Take care of KYC, forms and documentation so getting started is hassle-free
- 4Review regularly and stay a phone call away whenever life changes
Frequently asked questions
Quick answers about term insurance. Still have a question? We're happy to help.
How much term cover do I need?
A common starting point is 10–15 times your annual income, adjusted for outstanding loans, future goals and existing savings. We calculate it precisely for you.
Until what age should my cover run?
Typically until your retirement age or until your dependants become financially independent - often 60 to 70.
Is term insurance money wasted if nothing happens?
A pure term plan has no maturity value - that is why it is so affordable. It is protection, not an investment; your investments should be planned separately.
Why is honest disclosure important?
Non-disclosure of health conditions, habits like smoking or existing policies can lead to claim rejection. Always disclose fully and accurately.
Are term premiums eligible for tax benefits?
Premiums may be eligible for deduction and the death benefit is generally tax-free, as per prevailing tax laws and the regime you choose.
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All our services
Insurance is the subject matter of solicitation. Please read the policy wording, terms, conditions, sales brochure and exclusions carefully before concluding a sale. Fortunate Investments acts only as a distributor and does not underwrite any risk.
Need help choosing the right option?
Talk to us - we'll understand your needs and explain your options in plain language.