Secure your family’s future with the right life cover
A term plan gives your family a large financial safety net at a low cost. We help you choose the right cover amount and policy term, compare insurers on claim experience and riders, and stand by your nominee when it matters most.
- High life cover at an affordable premium
- Compare plans from leading life insurers in one place
- Dedicated support for your nominee during claims
Get a Free Term & Life Insurance Quote
Share your details and an advisor will call you back with options from 35+ insurers.
What Term & Life Insurance covers
Common benefits across plans. Exact cover, limits and exclusions vary by insurer and policy.
Death benefit
A lump sum, monthly income or both paid to your nominee if something happens to you during the policy term.
Accidental death rider
An extra payout on top of the base cover if death is due to an accident.
Critical illness rider
A lump sum on diagnosis of listed critical illnesses to help with treatment and lost income.
Waiver of premium
Future premiums are waived if you suffer a disability or critical illness, keeping the cover active.
Terminal illness benefit
Many plans pay out the sum assured early if you are diagnosed with a terminal illness.
Return of premium option
Get your premiums back at the end of the term if you outlive the policy, at a higher premium.
Types of Term & Life Insurance
Pure term insurance
Maximum life cover for the lowest premium. The simplest and most cost-effective way to protect your family.
Term with return of premium
A term plan that refunds the premiums paid if you survive the policy term.
Endowment & savings plans
Combine life cover with guaranteed or bonus-linked savings for goals like education or marriage.
ULIPs
Unit-linked plans that invest part of your premium in market-linked funds alongside life cover.
Child plans
Build a fund for your child’s future that continues even if the parent is no longer around.
Pension & annuity plans
Create a regular income for your retirement years.
How to choose the right Term & Life Insurance
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Buy enough cover
A common guideline is 10–15 times your annual income, plus outstanding loans. Your cover should replace your income for your family.
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Choose the right policy term
Cover yourself at least until your planned retirement age or until your dependants are financially independent.
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Buy early
Premiums are lowest when you are young and healthy, and stay fixed for the whole policy term.
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Compare claim experience
Look at each insurer’s claim settlement record and how quickly claims are paid, not just the premium.
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Disclose everything
Share your health history, smoking habits and existing policies honestly so your nominee’s claim is never questioned.
Buy Term & Life Insurance through a broker you can trust
Unbiased Comparison
We compare plans from 35+ insurers and recommend what fits you, not what pays us most.
Right Cover, Not Just Cheapest
We look at coverage, exclusions and claim experience, not just the premium.
Claim Support
We stay with you through the claim process, from filing to settlement.
IRDAI Registered Broker
Direct Insurance Broker (Life & General), IRDAI Registration No. 1190.
Term & Life Insurance FAQs
What is the difference between term insurance and life insurance?
Term insurance is a type of life insurance that only provides a death benefit for a fixed period, which keeps premiums low. Other life insurance plans, like endowment plans and ULIPs, combine cover with savings or investments and cost more for the same cover.
How much term insurance cover should I buy?
A common starting point is 10–15 times your annual income, plus any home or personal loans, and the cost of future goals like your children’s education. Our advisors can calculate a figure based on your situation.
Are term insurance premiums eligible for tax benefits?
Under the old tax regime, premiums qualify for deduction under Section 80C up to the overall limit of ₹1.5 lakh. The death benefit paid to the nominee is generally tax-free under Section 10(10D), subject to the conditions in the Income Tax Act.
Can a life insurance claim be rejected after three years?
Under Section 45 of the Insurance Act, a life insurance policy cannot be called into question on any ground after three years from the date of the policy or its revival. Within the first three years, the insurer can review claims for misstatement or non-disclosure.
Can I buy more than one term insurance policy?
Yes. You can hold term plans from different insurers, but you must disclose your existing policies when applying for a new one.
What happens if I miss a premium payment?
Policies have a grace period, usually 15 or 30 days depending on the payment frequency. If the premium isn’t paid within it, the policy lapses, though most insurers allow you to revive it within a set period.
Insurance is the subject matter of solicitation. For more details on benefits, exclusions, limitations and terms and conditions, please read the sales brochure and policy wording carefully before concluding a sale. Tax benefits are subject to changes in tax laws.
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