<h1>New Term Insurance Plan Offers Flexible Coverage, Life Event Enhancements, and Optional Riders Under Section 45</h1> A life insurance company launched a new term insurance product designed to meet evolving consumer protection needs. The plan offers flexible coverage options, including level cover, increasing cover with automatic annual increments, and coverage enhancements at significant life events without additional medical underwriting. It provides various death benefit payout methods and optional riders such as spousal coverage and accident benefits. The product supports long-term protection with whole life options, affordable premiums, and multiple payment terms, available through physical and digital channels. The insurer emphasizes customer-centric service, ethical claim settlement, and broad accessibility across demographics, supported by a large distribution network and regulatory compliance. The launch reflects the company's commitment to adapting insurance solutions to changing financial responsibilities and life stages.