Has Anyone Benefited from Term Plan Insurance?

You do not buy term insurance for your loved ones to benefit from the amount. It is important to realize that term insurance is not an investment, but a definite amount of regular contribution towards a life cover to protect and guard the financial condition of your dependents in the event of your unfortunate demise. No one benefits from term insurance; the idea behind buying insurance is to assure financial relief to tackle the hapless trio of death, disability, and disease.