October 25, 2026
Business

Lump sum vs instalments: How nominees can receive term insurance benefits after the insured person’s death(Soban News)

Term insurance provides financial protection to a policyholder’s beneficiaries if the policyholder dies during the policy term. Depending on the plan, nominees can receive the death benefit as a lump sum, instalments, or a combination. 

​Term insurance provides financial protection to a policyholder’s beneficiaries if the policyholder dies during the policy term. Depending on the plan, nominees can receive the death benefit as a lump sum, instalments, or a combination. Â by Soban News (international And National News)

Related posts

Chandigarh real estate sees major deals as industrial plot fetches ₹200 crore, Sector 9 house sells for ₹100 crore(Soban News)

News-Soban-Admin

Zepto expands into online pharmacy, promises 10-minute medicine delivery

News-Soban-Admin

SpaceX launches 11th test flight of Starship, aims to cover half the globe – Business Standard(Soban News)

News-Soban-Admin

Leave a Comment