Life is full of uncertainties. One does not know what would happen with us the next moment. It is natural to get worried about the people who are entirely dependent on you for their financial needs. However, taking a life insurance comes with high premiums. Here comes term insurance plan which comes with low premiums. Insurance companies are coming up with unique term insurance plans these days. Max Life has floated Smart Term Plan, which has some unique features. Should you opt for Max Life Smart Term Plan? What are the hidden factors in this plan?
Also Read: Best Term insurance plans in India in 2020
What is Term Insurance plan?
Term Plan is the purest form of insurance plan that provides coverage for a certain period to the Policyholder. The life insured does not get any benefit in case of his…