Affordable life cover to secure your family's future in case of any uncertainty.
What is Term Insurance?
Term insurance is a pure life cover product that provides financial security to your family in the event of your untimely death. It does not offer any maturity benefit but gives maximum coverage at minimal premium cost.
Why is Term Insurance Important?
It offers a large sum assured at a low cost, helping your family maintain their lifestyle, pay off debts, or meet long-term goals even when you're not around.
How Does Term Insurance Work?
You pay a fixed premium for a specific term (e.g., 20–40 years). If you pass away during this term, the insurer pays the death benefit to your nominee. If you survive, there's no payout unless return-of-premium is opted.
History of Term Insurance
The concept evolved from marine insurance in the 17th century. In India, it gained popularity post-liberalization when private insurers introduced more flexible and cost-effective term plans.
About BFSI Saathi - Vishal Korpe
With over 10 years of experience in insurance, banking, and financial advisory services, Vishal Korpe is dedicated to helping individuals and families secure their financial future. As BFSI Saathi, he offers personalized solutions tailored to your unique needs, whether it's protecting your family, growing your wealth, or managing your loans.
Trusted by hundreds of clients in Mumbai and beyond, Vishal combines industry expertise with a client-first approach to ensure you get the best financial advice with complete transparency.
What Our Clients Say
"Vishal Korpe helped me choose the perfect life insurance plan for my family. Very professional and patient!"
– Anjali M.
"Excellent guidance on health insurance options. Felt well-informed throughout the process."
– Rohit S.
"The loan consultation was transparent and straightforward. Highly recommend BFSI Saathi."
– Priya K.
"Great advice on mutual funds tailored to my risk appetite. My investments have grown steadily."
– Sameer T.
"Personalized financial planning made easy with Vishal. Trusted advisor in Mumbai."
– Neha D.
"Vishal Korpe helped me choose the perfect life insurance plan for my family. Very professional and patient!"
– Anjali M.
"Excellent guidance on health insurance options. Felt well-informed throughout the process."
– Rohit S.
"The loan consultation was transparent and straightforward. Highly recommend BFSI Saathi."
– Priya K.
"Great advice on mutual funds tailored to my risk appetite. My investments have grown steadily."
– Sameer T.
"Personalized financial planning made easy with Vishal. Trusted advisor in Mumbai."
– Neha D.
Get In Touch
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