A housewife is someone who makes sure that a house is a home and that the lives of the people in that home are smooth. But have you ever thought about what would happen if she were no longer there? A housewife's contribution to a home is much more than just finances. A term insurance for housewife provides financial protection to the family in case of her unexpected demise.
Most people think term insurance is limited to earning members only, but that is wrong. Even a housewife may opt for a term insurance plan that provides financial security to her family. If you are searching for the best term insurance plan for a housewife, this guide will help you with everything you need to know and how to select the best term insurance policy for housewife.
A term insurance plan for housewife is a pure protection policy that gives a lump sum amount to the nominee in the event of premature death of the policyholder within the policy term. A term insurance for housewife differs from other life insurance policies since it does not give maturity benefits and is one of the cheapest means of achieving financial security.
Although a housewife does not receive a direct salary, her contribution to the family is considerable. A premature death would translate into additional childcare, maintenance of the home, and domestic expenses.
A term insurance plan guarantees that the family has the financial resources to cover these expenses without additional burden. Most insurance companies provide term life insurance to housewives today based on their specific needs and financial status.
Choosing a term insurance plan for a housewife has many benefits:
Here are some features of term insurance for housewife:
Choosing the ideal term insurance for housewife needs careful consideration of the following factors:
A term insurance for housewife is not only a money-generating tool but also an insurance blanket for the whole family. It recognises the invaluable contributions of a housewife and provides her loved ones with financial security in case of an untimely demise. With affordable premium rates, tax relief, and flexible protection, a term insurance policy is a necessity for all families.
If you want the best term insurance policy for a housewife, PNB MetLife has tailor-made policies with affordable premiums, comprehensive coverage, and convenient claim settlements. So, don't wait! Plan for your family's future with a trustworthy term insurance policy that best fits your requirements today!
Yes, many insurers offer term insurance for housewife, providing financial security to her family in case of an unfortunate event.
Eligibility depends on the insurer, but many policies require the earning spouse to have an insurance cover before a housewife can apply.
Yes, women often get affordable premium rates due to higher life expectancy and fewer health risks.
Absolutely! A PNB MetLife Term Insurance Calculator helps you compare premiums and find the best plan for your needs.
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Piyush Kataria, SEO Manager at PNB MetLife, is a seasoned digital marketing strategist with over a decade of experience in optimizing websites for search engines. His expertise extends to keyword research, content strategy, technical SEO, and link building, all of which have been instrumental in driving organic traffic growth at PNB MetLife. With a strong foundation in life insurance, Piyush leverages his industry knowledge to create targeted and effective SEO campaigns.
Sakshi Malhotra is a seasoned marketing professional associated with the Life Insurance industry since 2007. At PNB MetLife, she heads Digital Marketing and Direct to Customer line of business. She is responsible for driving effective customer engagement through the company’s website and social media channels. In addition, she drives customer online buying journeys to help them buy the right product.
The aforesaid article presents the view of an independent writer who is an expert on financial and insurance matters. PNB MetLife India Insurance Co. Ltd. doesn’t influence or support views of the writer of the article in any way. The article is informative in nature and PNB MetLife and/ or the writer of the article shall not be responsible for any direct/ indirect loss or liability or medical complications incurred by the reader for taking any decisions based on the contents and information given in article. Please consult your financial advisor/ insurance advisor/ health advisor before making any decision.
PNB MetLife India Insurance Company Limited
Registered office address: Unit No. 701, 702 & 703, 7th Floor, West Wing, Raheja Towers, 26/27 M G Road, Bangalore -560001, Karnataka
IRDAI Registration number 117 | CIN U66010KA2001PLC028883
For more details on risk factors, please read the sales brochure and the terms and conditions of the policy, carefully before concluding the sale.
Tax benefits are as per the Income Tax Act, 1961, & are subject to amendments made thereto from time to time. Please consult your tax consultant for more details.
Goods and Services Tax (GST) shall be levied as per prevailing tax laws which are subject to change from time to time.
The marks "PNB" and "MetLife" are registered trademarks of Punjab National Bank and Metropolitan Life Insurance Company, respectively. PNB MetLife India Insurance Company Limited is a licensed user of these marks.
Call us Toll-free at 1-800-425-6969, Phone: 080-66006969, Website: www.pnbmetlife.com, Email: indiaservice@pnbmetlife.co.in or Write to us: 1st Floor, Techniplex -1, Techniplex Complex, Off Veer Savarkar Flyover, Goregaon (West), Mumbai – 400062, Maharashtra. Phone: +91-22-41790000, Fax: +91-22-41790203.
| Beware of Spurious Phone Calls and Fictitious / Fraudulent Offers! IRDAI or its officials is not involved in activities like selling insurance policies, announcing bonus or investments of premium. Public receiving such phone calls are requested to lodge a police complaint. |
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