A Term Life Insurance Plan, For the Love of Family

Your responsibility towards your family does not end with your life. If you are the only source of income in your family, you need to be doubly vigilant about how they are to survive without you.

A term life insurance plan is the most economical way to safeguard your family against a financial crisis, in case of your untimely demise. This is the most basic type of policy provided by insurance companies. It offers a lump sum amount of money to your nominee in the event of your death and clears off all your existing loans and debts.

Moreover, some companies offer an additional sum in the case of insured’s accidental death. Certain insurance providers also give supplementary income, if the insured loses his/her regular salary due to an accidental disability or a critical illness.

Browse below to find the best term insurance plans in India:

Policy	Key Features
Aegon Life iTerm Insurance Plan	Ø  Entry Age- Min 18 years, Max 65 years Ø  Policy Term- Min 5 years, Max 40 years (Up to 75 years) Ø  Pays critical illness and accidental death benefits
Max Life Online Term Plan	Ø  Entry Age- Min 18 years, Max 60 years Ø  Policy Term- Min 10 years, Max 35 years Ø  Pays critical illness, accidental disability and accidental death benefits
Bharti AXA eProtect Plan	Ø  Entry Age- Min 10 years, Max 65 years Ø  Policy Term- Min 10 years, Max 30 years Ø  Pays accidental death benefits
ICICIPru iProtect Smart Plan	Ø  Entry Age- Min 18 years, Max 65 years Ø  Policy Term- Min 5 years, Max 20 years Ø  Pays accidental death benefits
SBI Life eShield Plan	Ø  Entry Age- Min 18 years, Max 65 years Ø  Policy Term- Min 5 years, Max 30 years Ø  Pays accidental death benefits

This is the least expensive policy of all, requiring you to pay very less premium. However, the company does not pay you anything if you survive the term.