Term insurance policy is a type of financial instrument that lets you have the opportunity to increase coverage for a large sum for very less premium which needs to be paid annually. Best term insurance policy is the one that allows you to pay a very less premium. There are various term insurance products in market one such being iProtect which gives you the option of paying a term insurance premium as low as Rs. 2, 000 (excluding service tax and education cess) on an early basis. By far iProtect in my opinion, is the cheapest term insurance, providing maximum coverage!
