Prices Increasing Soon
Life insurance plans are a necessity nowadays for everyone as they not only help you build a corpus but also provide financial protection to your family in case of your unfortunate demise during the policy tenure. With a life insurance policy, you can create enough wealth to pay for your child’s higher education, child’s marriage, or secure your and your spouse’s post-retirement life.
#All savings and online discounts are provided by insurers as per IRDAI approved insurance plans | Standard Terms and Conditions Apply
By clicking on "View plans" you agree to our Privacy Policy and Terms of use
~Source - Google Review Rating available on:- http://bit.ly/3J20bXZ
Let us take a look at the life insurance plans in India that you can purchase to secure your future.
Here is a list of all the life insurance plans in India that you can purchase in 2024
| Name of the Insurer | Life Insurance Plans in India in 2024 | Claim Settled Amount (cr) | Entry Age | Maximum Maturity Age | |
| Aditya Birla Sun Life Insurance Company Limited | ABSLI Income Suraksha Plan | 458 | 21-55 years | 70 years | |
| Aviva Life Insurance Company India Limited | Aviva Signature 3D Term Plan | 98 | 18-65 years | 80 years | |
| Bandhan Life Insurance Limited | Bandhan Life iTerm Prime | 86 | 18-65 years | 70 years | |
| Bajaj Allianz Life Insurance Company Limited | Bajaj Allianz eTouch | 603 | 18-55 years | 99 years | |
| Bharti Axa Life Insurance Company Limited | Flexi Term Pro | 148 | 18-65 years | 99 years | |
| Canara HSBC Life Insurance Company Limited | Canara Young Term Plan | 186 | 18-45 years | 99 years | |
| Edelweiss Life Insurance Company Limited | Edelweiss Life Zindagi Plus | 59 | 18-65 years | 80 years | |
| Future Generali India Life Insurance Company Limited | Future Generali India Term Insurance Plan | 33 | 18-60 years | 65 years | |
| HDFC Life Insurance Company Limited | HDFC Click 2 Protect Super | 1,389 | 18-65 years | 85 years | |
| ICICI Prudential Life Insurance Company Limited | ICICI iProtect Smart | 1,950 | 18-65 years | 99 years | |
| IndiaFirst Life Insurance Company Limited | IndiaFirst Life Elite Term Plan | 160 | 18-60 years | 99 years | |
| Kotak Mahindra Life Insurance Company Limited | Kotak e Term | 321 | 18-65 years | 85 years | |
| Life Insurance Corporation of India | LIC New Tech Term Plan | 18,398 | 18-65 years | 80 years | |
| Axis Max Life Insurance Company Limited | Max Life Smart Total Elite Protection | 1,242 | 18-65 years | 85 years | |
| PNB MetLife India Insurance Company Limited | PNB MetLife Mera Term Plan Plus | 407 | 18-50 years | 80 years | |
| Pramerica Life Insurance Company Limited | Pramerica Life Rock Solid Plan | 30 | 18-65 years | 85 years | |
| SBI Life Insurance Company Limited | SBI eShield Next Plan | 1,676 | 18-65 years | 100 years | |
| Shriram Life Insurance Company Limited | Shriram Life Smart Protection Plan | 109 | 18-65 years | 75 years | |
| Star Union DAI-ICHI Life Insurance Company Limited | SUD Life Protect Shield Plus | 113 | 18-60 years | 80 years | |
| Tata AIA Life Insurance Company Limited | Tata AIA Sampoorna Raksha Promise | 776 | 18-65 years | 100 years |
*Disclaimer: The list of insurers mentioned are arranged according to the alphabetical order of the name of insurance company respectively. Policybazaar does not endorse, rate or recommend any particular insurer or insurance product offered by any insurer. The list of plans listed here comprise of insurance products offered by all the insurance partners of Policybazaar. For complete list of insurers in India refer to the Insurance Regulatory and Development Authority of India website www.irdai.gov.in
Term Plans
There are various benefits of life insurance plans that you can avail of by buying a life insurance policy. Let us take a detailed look into the features and eligibility criteria of the life insurance plans in India
Plan offers a Premium Break feature that allows you to skip paying premiums for a year and still stay covered under the policy benefits
You can choose to select the term return of premium option through which you will receive all the premiums paid, back at the end of the policy term
With special exit value inbuilt in the plan, you can exit the policy at a specific stage and receive all the premiums paid until that point back
You can select from two sum assured options: Life Cover and Increasing Life Cover
Inbuilt terminal illness included in the plan at no extra premiums
Get coverage under the plan for terminal illnesses, death, and disability
You can pay the premiums for a limited, regular, or single premium payment term
With the premium holiday skip premium payment for 1,2, or 3 years
Select the Life Shield ROP variant to receive your premiums back as maturity benefit
Extra payout will be payable in case of death due to accidents specified in the plan
Get 5% guaranteed discount on the premiums for the 1st year
The Tata AIA SRS Vitality Protect plan comes with an inbuilt wellness program
You can choose from term or term return of premium option of the plan
You will also be eligible to receive a free health check-up each year with their wellness program
Get Renewal Premium Discount and Cover Boosters up to 15% depending on your wellness status as per the plan
The plan offers enhanced protection against death, terminal illnesses, and disabilities
You can add the Accelerated Critical Illness Benefit Rider and Accidental Death Benefit Rider in the base plan to increase its coverage
The plan offers special premium rates for women and non-tobacco users.
You can choose to receive the benefit amount in a single lump sum or monthly income for 10 years or have a combination of both
You can pay the premiums in single, regular, or limited premium payment term
You can choose from 3 life cover options as per your needs
With the Return of premium option, you can receive all the premiums paid back at the end of the policy
You can choose to have your family receive the death benefit in installments
You can pay the premiums on a monthly, quarterly, or bi-annual basis
The Increasing Death Benefit option increases life cover upto 200% under the life option
Secure Your Family Future Today
₹1 CRORE
Term Plan Starting @
Get an online discount of upto 10%#
Compare 40+ plans from 15 Insurers
Here is a list of all the factors you should consider before buying the life insurance plans in India:
Go through the list of life insurance companies in India and check their Claim Settlement Ratio (CSR) values. It is advised to purchase a life insurance plan from a company with a CSR value of more than 95% as the company might have a better chance of settling your claim.
Determine the right life insurance coverage that is large enough to cover your family financially in your absence.
Understand the importance of life insurance plans by going through the types and benefits of different life insurance policies.
Add riders to the base plan to customize and enhance the coverage of the life insurance plan.
Check the T&Cs of the plan, inclusions, and exclusions, and go through the customer reviews.
Compare term plans and life insurance quotes for the life insurance plans in India online before purchasing the life insurance plans in India.
Note: Know what is term life policy first and then buy a term plan for your loved ones.
Note: It is suggested to calculate the term plan premium on the term plan calculator online tool by Policybazaar before buying.
You can follow the steps below to purchase the life insurance plan in 2024:
Step 1: Go to the life insurance plan page and fill in the required information like name, date of birth, phone number, and gender.
Step 2: Answer the questions about your occupation type, yearly income, educational qualifications, and smoking habits.
Step 3: Select the most suitable plan and proceed to pay
Note: Check out the term insurance policy in India and choose one that suits your requirements.
Note: You should also check the benefits of term insurance if you are planning to purchase the term insurance plan.
†Policybazaar does not endorse, rate or recommend any particular insurer or insurance product offered by any insurer. This list of plans listed here comprise of insurance products offered by all the insurance partners of Policybazaar. For a complete list of insurers in India refer to the Insurance Regulatory and Development Authority of India website, www.irdai.gov.in
Life insurance fraud is a financial crime that can be committed
Read more
High net worth individuals often opt for life insurance plans to
Read more
“Policy Bazaar insurance clarified the term policy for me, so
Read more
“I recently bought an HDFC term plan and it is the best
Read more
The life insurance policy in India is a type of life insurance
Read moreInsurance
Calculators
Payment Methods
Secured With
Follow us on
