Protecting Your Family: The Importance of High Claim Settlement Ratios in Term Insurance

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Protecting Your Family: The Importance of High Claim Settlement Ratios in Term Insurance

Term insurance is one of the most reliable tools available when it comes to securing your family's future. Providing security in case something untoward happens, term insurance ensures that the financial burden is not passed on to your family members in the event of your untimely demise. Still, the process of choosing a term insurance plan is more complex than just premiums and benefits. However, it is considered that the claim settlement ratio …