Why Price so high of term insurance?

Hello Ejaja,

Term insurance is the cheapest type of life insurance available in the matket. Its premiums are very low. An INR 1 Crore term insurance cover costs as low as INR 900 per month. So, for each rupee one pays towards the plan, their loved ones will get INR 1000 in return if they pass away while the policy is active.

Hope this helps! Thanks!