Prices Increasing Soon
Bangalore, officially Bengaluru, is India's IT capital, known as the “Silicon Valley of India.” With a thriving IT industry, rising cost of living, and a diverse population, term insurance in Bangalore becomes an essential safeguard against uncertainties. In such a fast-paced city, where things can take quick turns, having term insurance gives your loved ones the financial protection they deserve. Professionals, students, and self-employed individuals recognise the need for financial protection, making term insurance a smart choice to ensure their loved ones are shielded from unforeseen circumstances. It's like a safety net for your family, ensuring they are financially secure in your absence.
#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
Here are some facts and statistics about Bangalore that you must know to buy term plan:
Karnatka is the lowest in south indian state with 69.5 years
Road accident fatalities have risen to 909 in 2023 in Bengaluru city.
Karnataka is one of the top 5 states in India with the highest number of suicide cases.
Bangalore is known to have unpredictable weather all year, which poses health risks.
As Bangalore is the IT hub of India, it is now one of the most populated cities in India, with a population of over 1.6 Crores.
In Bangalore, the literacy rate is about 87.67%. Among them, 91.01% are men, and 84.01% are women.
You can easily visit the address mentioned below to contact Policybazaar in Bangalore to buy term plan:
PolicyBazaar Insurance Brokers Private Limited, Diamond District, Gate-2, Tower B, 3rd Floor, Old Airport Road, Kodihalli, Karnataka, Bangalore, 560008
Further, you can contact Policybazaar through the Claim Assistance Helpline at 1800-258-5881, or log in to the 'My Account' section on the website, or directly use the official Policybazaar app to receive assistance regarding any doubt or query.
As India's IT hub, Bangalore attracts skilled professionals seeking jobs in tech giants and startups. The city also offers a vibrant lifestyle with cafes, shopping centres, and entertainment, which has increased its population in the last decade. This has led to a high demand for housing and basic necessities, increasing the prices of all commodities. Therefore, people living in Bangalore must buy the best term insurance plan to secure the financial future of their families amidst such conditions.
Best term life insurance in Bangalore can be found online on Policybazaar by comparing different term insurance plans offered by different insurers. Policybazaar has its own comparison engine where you can easily compare term plans from 15+ top insurers. Here is a list of all the best term life insurance plans in Bangalore:
Term Plans
| Term Insurance Plan | Entry Age | Sum Assured | Additional Benefits |
| ICICI Prudential iProtect Smart | 18 to 65 years | Rs. 50 Lakhs to Rs. 20 Crores |
|
| HDFC Life Click 2 Protect Super | 18 to 65 years | Rs. 50 Lakhs to Rs. 20 Crores |
|
| Max Life Smart Secure Plus | 18 to 60 years | Rs. 25 Lakhs to Rs. 1 Crore |
|
| TATA AIA SRS Vitality Protect | 18 to 60 years | Rs. 50 Lakhs to Rs. 2 Crores |
|
| Bajaj Allianz Life eTouch | 18 to 55 years | Rs. 50 Lakhs to Rs. 10 Crores |
|
| PNB MetLife Mera Term Plan Plus | 18 to 50 years | Rs. 50 Lakhs to Rs. 10 Crores |
|
| Canara HSBC Young Term Plan - Life Secure | 18 to 45 years | Rs. 25 Lakhs to Rs. 20 Crores |
|
| Kotak Life e-Term | 18 to 65 years | Rs. 50 Lakhs to Rs. 10 Crores |
|
| Aegon Life iTerm Prime | 18 to 65 years | Rs. 25 Lakhs to Rs. 20 Crores |
|
| Edelweiss Life Zindagi Protect | 18 to 65 years | Rs. 50 Lakhs to No Limit |
|
| ABSLI Salaried Term Plan | 21 to 55 years | Rs. 50 Lakhs to Rs. 5 Crores |
|
| SBI Life eShield Next | 18 to 65 years | Rs. 50 Lakhs to Rs. 10 Crores |
|
We help to choose best insurance based on your need
Bangalore offers immense opportunities but also harbours several hidden risks. The accident levels have only increased from floods wrecking streets and homes to traffic turning commutes into stressful situations. Rising healthcare costs add another layer of worry, with medical emergencies testing one’s financial stability. These unpredictable uncertainties make term insurance a crucial safety net in Bangalore.
With Bangalore’s extreme weather conditions comes an extreme need for life insurance. Here are some more reasons why you should buy term insurance in Bangalore:
Financial Security During Growing Expenses: As Bangalore witnesses a substantial rise in the cost of living, buying term insurance provides comprehensive financial security for your loved ones. The sum assured can cover necessary expenses, including education, housing, and daily living costs, thereby making sure your family's well-being in case of economic challenges.
Career Risks Amidst Dynamic Job Market: With Bangalore being a hub for diverse industries, career uncertainty has also risen in the dynamic job market. Term insurance, therefore, acts as a shield, offering financial protection for your loved ones/dependents in the case of unforeseen job-related challenges, ensuring that they maintain their lifestyle and financial stability after your untimely demise.
Tech-Centric Lifestyle and Stress Factors: Bangalore is a city known for its tech industry, which often involves high-stress work environments. Term insurance becomes crucial in providing financial support to your family in the event of your untimely demise, thereby, removing stress and enabling them to focus on their well-being during challenging times.
Educational Hub and Future Planning: Bangalore also attracts families with aspirations for their children's academic growth. Term insurance, hence, helps in securing your children's future education by providing the necessary financial security, even if you are not there to support them physically or financially.
Healthcare Costs and Medical Emergencies: Bangalore’s growth brings with it an increased focus on healthcare, but medical emergencies can still pose financial challenges. Term insurance helps cover potential medical expenses, ensuring that your family has the means to handle unforeseen health crises without compromising their financial stability.
˜Top 5 plans based on annualized premium for bookings made on https://www.policybazaar.com in the first 6 months of FY 24-25.
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
+Rs. 487/month (Rs.16/day) is starting price for a 1 crore term life insurance for an 18 year-old male, non-smoker, with no pre-existing diseases, cover upto 38 years of age.
Prices offered by the insurer are as per the approved insurance plans | #All savings and online discounts are provided by insurers as per IRDAI approved insurance plans | Standard Terms and Conditions Apply | **Tax Benefits are subject to changes in tax laws.| Policybazaar Insurance Brokers Private Limited
We will respond in the first instance within 30 minutes of the customers contacting us. 30-minute claim support service is for the purpose of giving reasonable assistance to the policyholder in pursuance of the claim. Settlement of claim (including cashless claim) is the responsibility of the insurer as per policy terms and conditions. The 30-minute claim support is subject to our operations not being impacted by a system failure or force majeure event or for reasons beyond our control. For further details, 24x7 Claims Support Helpline can be reached out at 1800-258-5881
For more details on risk factors, terms and conditions, please read the sales brochure carefully before concluding a sale
Policybazaar Insurance Brokers Private Limited | CIN: U74999HR2014PTC053454 | Registered Office - Plot No.119, Sector - 44, Gurgaon, Haryana – 122001 | Registration No. 742, Valid till 09/06/2027, License category- Composite Broker Visitors are hereby informed that their information submitted on the website may be shared with insurers. Product information is authentic and solely based on the information received from the insurers.
© Copyright 2008-2025 policybazaar.com. All Rights Reserved
+Rs. 820/month is starting price for a 2 crore term life insurance for an (NRI) 18 year-old male, non-smoker, with no pre-existing diseases, cover upto 38 years of age.
+Rs. 1,443/month is starting price for a 5 crore term life insurance for an (NRI) 18 year-old male, non-smoker, with no pre-existing diseases, cover upto 38 years of age.
˜ Policybazaar Promise reflects the guarantee offered by insurers. Price assurance is based on certifications shared by insurers with us.
The Bajaj Allianz Life Superwoman term insurance is a special
Read more
ICICI Pru iProtect Supreme is a pure-term insurance plan
Read more
HDFC Life Click 2 Protect Elite Plus is a comprehensive term
Read more
Life Insurance Corporation (LIC of India) provides attractive
Read moreInsurance
Calculators
Payment Methods
Secured With
Follow us on
