Unit Link Product / Term Plan
Grow Your Wealth with Protection
Unit Linked Product
Term Plan
Term Insurance is the simplest and most affordable form of life insurance that provides a lump sum payout to your family in case of your unfortunate demise during the policy term.
With CoverBee’s Term Plans, you can secure your loved ones’ financial stability, ensuring they are protected from liabilities like loans, daily expenses, and future aspirations.
Key Features of Unit Linked Product
Dual Advantage
Life insurance protection + investment growth in one plan.
Flexible Fund Switching
Shift between equity, debt, or balanced funds anytime.
Wealth Creation for Goals
Ideal for long-term financial planning like retirement, child’s future, or wealth building.
Transparency
Track your fund value and performance anytime.
Tax Benefits
Save under Sections 80C & 10(10D) of the Income Tax Act.
Key Features of Term Plan
High Coverage at Low Premiums
Protect your family’s future at affordable rates.
Customizable Coverage
Add riders for critical illness, accidental death, or disability.
Flexible Payout Options
Lump sum, monthly income, or combination.
Tax Benefits
Premiums qualify for tax deductions under Section 80C, with payouts exempt under Section 10(10D).
Long-Term Protection
Coverage available up to 80 years of age.