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Life Insurance

Term Life Insurance

₹1 Crore Life Cover starting @ ₹450/month*

A term plan is pure protection: in return for a comparatively low premium, it pays a lump sum to your family if you pass away during the policy term. There is no maturity or savings component, which is why the cover can be high and the cost low.

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Key Plan Highlights:
High Life Cover up to ₹5+ Crores
Return-of-premium and zero-cost exit variants (plan-specific)
Critical Illness Rider & Accidental Cover add-ons
Tax benefits on premium as per prevailing tax laws*
IRDAI-Registered Insurers
Dedicated Claim Support Desk
Why Buy Through PaisaPolicy.in

Essential Benefits of Term Life Insurance

01

Family Financial Shield

A lump-sum payout helps your dependents maintain their lifestyle, repay loans and fund education.

02

Critical Illness Coverage

An optional rider pays a lump sum on diagnosis of listed critical illnesses such as cancer or heart attack (the list varies by plan).

03

Premium Return Option

Return-of-premium variants refund the base premiums paid (excluding taxes and rider premiums) if you outlive the term, at a higher premium.

What is Covered Under Term Life Insurance?

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Death due to illness, natural causes or accident (subject to policy exclusions)
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Terminal Illness diagnosis advance payment
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Waiver of future premiums on permanent disability
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Flexible payout options: Monthly income or Lump-sum
*Coverage terms, exclusions and waiting periods vary by insurer and plan. Please read the policy wording.
Request Detailed Policy Wordings

*Premiums and features shown are indicative and vary by insurer, plan, age, health, location and add-ons. Tax benefits are subject to prevailing tax laws. Insurance is the subject matter of solicitation. Please read the sales brochure and policy wording carefully before buying.

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Got Questions?

Term Life Insurance Frequently Asked Questions

Clarify all your doubts with direct expert answers.

How much term cover do I need?
Experts recommend a minimum cover of 10 to 15 times your current annual income, taking into account current loans, liabilities, and future milestones.
Is medical test mandatory?
For young and healthy applicants up to certain cover amounts, tele-underwriting or zero medical test policies are readily available.
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