BEST TERM INSURANCE POLICY

Plans starting @ Rs. 490 p.m for 1 Cr Policy* & Save Tax*

Ensure financial security for your families future. Get your free term insurance quotes now. Select the best term insurance plan today!!

Why you need a Term Insurance policy?



Term Insurance Policy is a no frills life insurance plan and it covers your life for a term of one or more years. It pays a death benefit only if a person die's within the term period. Term Insurance generally offers the cheapest form of insurance, because it does not offer any residual value on maturity. You can renew most Term Insurance policies for one or more terms even if your health condition has changed. Each time you renew the policy for a new term, premiums may climb higher. Term insurance policies, cover only the risk during the selected term period and some times it is also called as "pure risk policy". Term Insurance is the simplest, traditional and the also cheapest life insurance available.If the policyholder survives the term, the risk cover comes to an end or if the policy holder dies in between the term period his family members or nominee receives the insured amount by the insurance company.

There is no limit to the amount of insurance cover you can buy for your self, but it is advisable that your should least have 8 to 10 times of your yearly income as term insurance cover. The logic behind this calculation is that in case you suffer a sudden loss of life, your family or dependents should have sufficient amount to sustain the expenses for atleast 8 to 10 years. A Term insurance plan is a pure risk cover plan and it also meet the needs of people who are initially unable to pay the larger premium required for a whole life or an endowment assurance policy, but they hope to be able to pay for such a policy in the near future.

There are a few insurance riders or "add on" which can be clubbed with term insurance policies by paying additional premiums. As of now there is no need for a medical check-up if you buy a term insurance for Rs. 5 lacs cover, till the age of 45 years. The insurance premiums differ with age , health condition and whether you smoke or drink alcohol, the insurance premiums are the lowest in the early years and gradually increase with age.

Few point to consider before comparing & buying term insurance policy in India

1. Ask about the insurance companies claim settlement ratio
2. Find the optium term insurance cover - Don't overbuy.
3. Ideal Term Insurance Cover = 15 x Your Annual Income.
4. Term Insurance is not an investment.
5. Don't compare term insurance only on Prices, look for stability & background of the company.
6. Do not fall prey to Freebies/Cashbacks.
Comparing term insurance before you buy is advisable

Compare term insurance plans from top advisors of different companies. Free no-obligation to buy quotes from advisors near you.

** Premium for a 24 year old healthy male. Premiums depend on your age & current health condition and varies from one company to another. Talk to an advisor and check which plan is best suited to your requirement.

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Term Life Insurance

Your family is the most valuable asset you have - Secure it with the best Term Insurance Policy. Get the highest term insurance cover at the lowest premiums & save tax. Most affordable Term Insurance plans starts from Rs. 499 p.m* . Get your free term insurance quotes now.

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Retirement Plans

Secure your retirement life with confidence & plan a monthly income after retirement. Check & compare the best retirement plans available in India. You will retire but your income will not stop, Start a Pension Plan today. Plans starting from Rs. 2999 p.m investment.

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Investment Plans

Looking for a safe investment plans which gives you an assured return at the end of the policy term or looking for a plan which gives you lumpsum amount at regular intervals i.e MoneyBack. Explore investment plans based on your need starting from Rs. 2,000 monthly.

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Health Insurance

Health insurance Policy covers you & your family against large medical & hospital expenses for a very low yearly cost. Buy a health insurance policy & let insurance companies take care of your hospital & medical expenses. Choose the best health insurance plan for your family today. Health Insurance Plans that covers COVID-19.

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Motor Insurance

Your car insurance is coming for Renewal? Time to negotiate for the best motor insurance rates for your vehicle from the market. Companies sometimes offer upto 80% discount on renewal policies. Check how much you can save by switching your car insurance provider. Apply & get the best car insurance renewal offers & save money today.

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Child Insurance Plans

Worried about how you will arrange for your child's higher education expenses or marriage expenses? Child Insurance Policies help you plan your child's higher education expenses.

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