Term Insurance is a simple and affordable way to ensure that your loved ones are taken care of if something happens to you. It provides your family with a large sum of money (called the sum assured) if the policyholder passes away during the policy period.
At RV Finserve Pvt Ltd, we help you choose the best term insurance plan that fits your needs, budget, and future goals.
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Term insurance is a pure protection plan. You pay a small premium every year, and in return, your family gets financial support if you’re not around. There is no maturity amount if you survive the policy period – the goal is to provide financial safety to your family when they need it most.
Affordable Premiums
You get a high cover at a very low premium.
Financial Security
Your family won’t have to worry about expenses, loans, or future needs in your absence.
Flexible Terms
Choose a policy period from 10 to 40 years.
Large Coverage Amounts
Get coverage starting from â‚ą50 lakhs to â‚ą2 crores or more.
Tax Benefits
Save tax under Section 80C and Section 10(10D) of the Income Tax Act.
Optional Riders
Add extra protection with riders like:
Accidental Death Cover
Critical Illness Cover
Waiver of Premium
Income Benefit Option
🧑‍💼 Free Expert Advice – We help you understand and choose the right plan
🏢 Plans from Top Insurance Companies – LIC, HDFC Life, ICICI Prudential, Max Life & more
📑 Hassle-Free Process – We take care of all the paperwork
✅ Claim Assistance – We support your family at the time of need
💬 Honest and Transparent Service – No hidden charges or confusion
Term Insurance is the first and most important step in financial planning. It gives your loved ones peace of mind and financial security.
Term insurance is a life insurance plan that provides financial protection to your family in case of your untimely death during the policy term. It offers high coverage at low premiums.
Term insurance helps secure your family’s financial future by covering expenses like home loans, education, and daily needs if something happens to you.
The earlier, the better! Buying term insurance in your 20s or 30s ensures lower premiums and longer coverage.
Experts recommend choosing a cover that’s 10 to 15 times your annual income. You can also factor in loans, children’s education, and lifestyle.
In a basic term plan, there is no payout if you survive the policy term. However, if you opt for a Return of Premium (TROP) plan, the premiums paid will be returned.
Riders are add-on benefits you can include for extra protection. Common riders include:
Accidental Death Benefit
Critical Illness Cover
Waiver of Premium
Income Benefit Rider
Yes, you can get tax benefits under Section 80C (for premiums paid) and Section 10(10D) (on death benefits received) of the Income Tax Act.
Absolutely! With RV Finserve, you can get expert guidance and buy your policy online quickly and safely.
Most policies offer a grace period (usually 30 days). If you fail to pay within this time, the policy may lapse, but you might still be able to revive it within a specific period.
If the policyholder passes away, the nominee can file a claim by submitting the required documents (death certificate, policy papers, ID proof, etc.). RV Finserve also provides claim assistance support to families.
