In this video, I explain the key differences between Life Insurance and Term Insurance in simple language. Many people are confused about which policy to choose for themselves and their family. Here, I break down 12 important points like coverage, cost, maturity, tax benefits, and more, so you can make the right financial decision. Watch till the end!
🔹 12 Points Covered in the Video
1. Coverage Type
2. Premium Cost
3. Policy Tenure
4. Maturity Benefit
5. Death Benefit
6. Savings & Investment Component
7. Flexibility
8. Tax Benefits
9. Purpose of Policy
10. Surrender Value
11. Loan Facility
12. Complexity of Terms
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