Term Life Insurance
The most cover for every rupee you pay.
Term insurance pays a lump sum to your family if something happens to you during the policy term. It gives the highest life cover for the lowest premium of any life insurance, and is the foundation of every financial plan.
- Life cover
- ₹25 lakh to ₹10 crore+
- Entry age
- 18 to 65 years
- Cover up to
- Age 85 (99 on some plans)
- Tax benefit
- Sec 80C and 10(10D)
Choose the term life insurance that fits you
Not sure which one is right? Tell us your situation and we'll recommend the best fit.
Level term plan
Fixed cover for the full policy term at a fixed premium.
Return of premium (TROP)
Get your premiums back if you outlive the policy term.
Increasing cover
Cover rises every year to keep up with inflation and income.
Term for housewives
Cover for homemakers, recognising their value to the family.
NRI term plan
Indian term cover for NRIs, often with tele-medical checks.
Whole life term
Cover till age 99 for legacy and estate planning.
Why people choose our term life insurance advice
- Very high cover at affordable premiums
- Premium stays fixed for the full term
- Optional riders for critical illness, accident and disability
- Payout as lump sum, monthly income, or both
- Claim support for your family from our team
Know exactly what you're buying
We read the fine print for you and explain inclusions, exclusions and waiting periods in plain words.
- Death due to illness or accident
- Terminal illness benefit on many plans
- Accidental death benefit (with rider)
- Waiver of premium on disability (with rider)
- Earning members with dependants
- Anyone with a home loan or other debts
- Young professionals who want low lifelong premiums
- Business owners securing family and partners
- Suicide within the first 12 months
- Death due to undisclosed medical conditions
- Deaths from hazardous activities not declared
- No maturity payout on pure term plans
Term Life Insurance premium: what decides it?
Two people buying the same term life insurance can pay very different premiums. Here is what insurers look at, and how to pay less without cutting the cover you need.
What it depends on
- Age of the person or vehicle being insured
- Sum insured or cover amount chosen
- Health, lifestyle and medical history (for life and health cover)
- Add-ons and riders selected
- Claim history and no-claim bonus (for motor and health)
- City or zone, occupation and policy term
How to pay a lower premium
- Buy early: premiums are lowest when you are young and healthy
- Choose the right cover, not the cheapest or the biggest
- Compare insurers on claim record and exclusions, not just price
- Pick only the add-ons you actually need
- Renew on time to keep your no-claim bonus and waiting-period credit
Documents required for Term Life Insurance
Choose your applicant type to see the checklist. Keep self-attested copies ready; we'll collect and verify them for you.
Document Proof
8 items- Aadhaar Card
- PAN Card
- Voter Card
- Driving Licence
- Utility Bill (Electricity / Water)
- Passport
- Recent Photograph
- Medical Reports (if asked by insurer)
Income Proof
4 items- Income Tax Return (2 yrs)
- Bank Statement (12 months)
- Current Salary Slip (if salaried)
- Form 16 (if salaried)
Document Proof
9 items- Utility Bill (Electricity / Water / Telephone)
- Bank Statement
- GST Certificate
- Udyam Certificate
- Aadhaar Card
- PAN Card
- Passport
- Recent Photograph
- Medical Reports (if asked by insurer)
Income Proof
3 items- Income Tax Return (2 yrs)
- GSTR (3 yrs)
- Bank Statement (12 months)
The exact list can vary by insurer and your profile. Not sure what applies to you? Our advisor will confirm in one call.
From first call to claim
Scroll through the steps to see what we do at each stage.
Expert tips before you buy
- 1Choose cover of at least 10 to 15 times your yearly income.
- 2Buy early; premiums are lowest when you are young and healthy.
- 3Disclose all health details honestly to avoid claim rejection.
Term Life Insurance: common questions
Talk to an expert today
Share a few details and we will call you back. The first consultation is free.
- Call us+91 92122 66375
- WhatsAppChat with an advisor
- Office hoursMon to Sat, 10:00 am to 7:00 pm
Request a call back
We usually respond the same working day.
Your financial goals,
one window away.
Speak to an advisor today. Free consultation, honest advice, and help with every document.