Term Plan
“Protect the People Your Financial Plan Is For.”
What is it?
A term plan is a pure life insurance policy designed to financially protect the people who depend on you.
You pay a premium for a chosen policy term and, in the event of the life assured’s death during that term, the nominee receives the applicable death benefit, subject to the terms and conditions of the policy.
Unlike an investment product, the primary purpose of a term plan is protection.
How Wealth Gullak Helps
We help you look beyond simply choosing a large cover amount or the lowest premium.
Depending on your requirements, we can help you:
- Understand how much life cover may be appropriate considering your income, dependants, loans and future financial goals
- Compare suitable plans and policy features
- Understand available riders and additional benefits
- Review important exclusions and policy conditions
- Complete the application process with proper disclosures
- Keep your protection needs under review as your financial responsibilities change
Why Consider a Term Plan?
Important to Know
Premiums, eligibility and policy issuance depend on factors including age, health, lifestyle, occupation and the insurer's underwriting requirements.
All benefits are subject to the terms, exclusions and conditions of the policy issued by the insurer.
Key Thought
Your income may stop, but your family's financial goals shouldn't.
Insurance is the subject matter of solicitation. Please read the sales brochure, policy wording, terms and conditions, and applicable risk factors carefully before purchasing an insurance policy.