What is LIC term insurance?
LIC Term insurance or term assurance policies are one of the most basic types of insurance plans. These policies provide the policy buyer a risk cover against death for a period of time, as defined in the policy tenure. If the life assured meets with an untimely death when covered under a term insurance plan, his/her nominee will be paid a benefit.
DA: 46 PA: 80 MOZ Rank: 50