Give your family complete
FINANCIAL SECURITY
in the case of your unfortunate death
What is Term Insurance?
Term Insurance is the purest and most economical form of Life Insurance. You can get covered for a large sum of money by making a small payment regularly.
How does Term Insurance work?
A person gets covered for an amount called Sum Assured. He has to pay a small amount called the Premium to the Insurance company on a regular basis. In case of death of the person, the family is paid the Sum Assured by the Insurance Company.
How can MintWise help?
MintWise provides instant premium quotes. We also provide guidance regarding the different Term Insurance products and their features. MintWise also enables Online Purchase of your chosen product through its website.
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Thumb rule to calculate life cover required

MintWise Rating
Age 25-35 years : 15-18 times current annual income + outstanding loans
Age 35-45 years : 10-15 times current annual income + outstanding loans
Age 45-55 years : 5-10 times current annual income + outstanding loans
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