Many Term insurance plan offer riders to the policyholders. Opting for riders enhances the value of your coverage. It is an additional protection layer for your long-term security. Moreover, analyze your needs before investing in riders.

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1. Level Term Plans.

2. Increasing Term Plans.

3. Decreasing Term Plans.

4. Return of Premium Term Plans.

5. Convertible Term Plans.

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If you have started earning and there are dependent on your income then you should not delay in buying term insurance.

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The Married Women's Property Act or the MWP is a legal safeguard available to protect the financial interest of a dependent wife, children or both in case of sudden demise of the policyholder. The MWP Act is applicable on term insurance and life insurance policies to ensure that the sum assured is protected for use of only wife/child/children or both (wife and children) and no other liability (loan payoff, debt payoff, joint family rights etc. ) is attached to this sum.

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At the time of buying the policy you need to fill a separate form for MWP. Once a policy issue under MWP Act, beneficiaries cannot be modified or changed.

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