What is Term Insurance? | Life Insurance for Beginners | Abhi and Niyu

A video by Niyati Mavinkurve and Abhiraj Rajadhyaksha

This video covers the important things you need to learn in a term life insurance policy, using two unconventional examples, an umbrella and Deadpool!

Term life insurance is a type of life insurance where there are no investments that are made in your name. It is a pure life insurance which only provides a benefit in case of death of the policyholder.

But because there are no investments made in the policyholder's name, the premium is often very low and the coverage is high.

This video breaks down term insurance plans in an easy to understand way for beginners.

#personalfinance #abhiandniyu #deadpool #insurancesimplified

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About me:

Niyati Mavinkurve aka Niyu is a qualified Chartered Accountant, an environmentalist, and passionate about MONEY. She studied in N M College of Commerce and Economics in Mumbai and went on to work with a leading start-up. However, Niyu's destiny had other plans!

Being an insatiable reader and traveler Niyu decided not to live her life from weekend to weekend and take the ultimate plunge by saying goodbye to her well-paying job. What followed was years of hustle as a freelancer, content as a writer, and as a virtual assistant to some bestselling authors worldwide.

Niyu started her journey to discover India like never before with her husband - Abhiraj Rajadhyaksha; to make the viral sensation "100 Reasons to Love India" - featured in Forbes 30 Under 30. It would've been impossible without careful planning of her finances.

Let's Make You Rich is an endeavour to share the RULES, PRINCIPLES, AND IDEAS to manage your personal finance.