A 2 crore term insurance plan is a term life insurance policy featuring a sum assured amount of INR 2 crores. In other words, if the policyholder passes away within the plan term, the nominee will receive a death benefit of INR 2 crore, which they can use to maintain their lifestyle and handle any financial obligations that are to come. The massive sum assured of INR 2 crore ensures your loved ones stay financially afloat even after you are gone. And if you take factors like inflation, existing debts and liabilities, etc., into account, this term insurance plan stands out as quite future-proof.
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