Topic: List of term insurance policies from Life Insurance Corporation of India

please advice

Two Year Temporary Assurance Policy Two Year Temporary Assurance policy is designed for the insuring public who requires risk cover for a maximum of two years. Under the Two Year Temporary Assurance policy a single premium is required to be paid at the outset of the policy to cover the entire period of term.

The Convertible Term Assurance Policy This plan of assurance is designed to meet the needs of those who are initially unable to pay the larger premium required for a Whole Life or Endowment Assurance Policy, but hope to be able to pay for such a policy in the near future. Policy holders get an option of converting an policy into endowment assurance or limited payment whole life assurance.

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