A 12 term insurance plan is a high-value life cover designed to provide financial protection of Rs. 12 crores to your family in case of your untimely demise during the policy term. It’s ideal for individuals with large financial responsibilities, high incomes, or business commitments. This plan ensures your loved ones can maintain their lifestyle, pay off debts, and meet future goals—even if you're not around.
Key benefits of 12 crore term insurance plan
A 12 crore term insurance policy is not just about big numbers—it’s about offering complete peace of mind. Here are the key benefits:
Massive financial protection: Ensures your family’s long-term security against lifestyle loss, debts, and rising expenses.
Affordable high coverage: Get Rs. 12 crore cover at surprisingly reasonable premiums if you start early.
Customisable plans: Choose from different policy terms, payout options, and rider add-ons.
Tax benefits: Enjoy deductions under Sections 80C and 10(10D) for premiums and death covers.
Supports legacy planning: Great for HNIs, business owners, or those who wish to leave behind a financial legacy.