A term life insurance policy can offer you many benefits. As the sole breadwinner of your family, the money from a term insurance plan can act as income replacement and help your family lead a comfortable and dignified life. Term insurance is the most inexpensive form of life insurance as the premiums are quite affordable. In return, you get a high life cover and many other benefits, such as a critical illness^ benefit, waiver premium in case of permanent disability## benefit, an accidental death benefit+, and others. The critical illness benefit^(optional) covers you against expensive and life-threatening ailments. The accidental death benefit+ (optional) offers your family a sum of money in case of death due to an accident. The premium waiver in case of permanent disability benefit## waives off all future premiums if you suffer from a permanent disability.