Term Life Insurance
Compare 34 plans from 16 insurers & save up to 50%
  • Awarded India's #1 financial website*
  • Over 12,12,535 families secured
  • Free 365 day support
  • 1500+ advisors helping you compare & buy
* By IAMAI in 2013 & 2014

Life Insurance  

Life Insurance plan is the safest and the most secure way to protect your family or dependents against financial contingencies that may arise post the unfortunate event of your untimely demise. Under a Life Insurance Contract in India, the insurer assures to pay a definite sum to the policyholder’s family on his demise during the policy term.

Life Insurance Infographic

What is Life Insurance?

Life Insurance is an agreement between an insurance company and a policyholder, under which the insurer guarantees to pay an assured some of money to the nominated beneficiary in the unfortunate event of the policyholder’s demise during the term of the policy. In exchange, the policyholder agrees to pay a predefined sum of money in form of premiums either on a regular basis or as a lump sum. If included in the contract, some other contingencies, such as a critical illness or a terminal illness can also trigger the payment of benefit. If defined in the contract, some other things, such as funeral expenses might also be a part of the benefits. 

Best Life Insurance Plans in India 2017

Life Insurance Plans

Entry Age (Min/Max)

Policy Term (Min/Max)

Sum Assured (Min/Max)

Aegon Life iTerm Plan

18/75 years

5/40 years

10 Lacs/NA

Aviva I-Life Plan

18/55 years

10/35 years

25 Lacs/NA

Bajaj AllianziSecure

18/70 years

10/30 years

20 Lacs/NA

Bharti AXA eProtect Term Plan

18/75 years

10/30 years

25 Lacs/NA

HDFC Click2Protect Plus

18 /65 years

10/30 years

10 Lacs/10 Crores

HDFC Life Sanchay

30/45 years

15/25 years



14/55 years

10/10 years

(7 or 10) x Annual Premium/20 x Annual Premium

ICICI Pru iProtect

20/75 years

10/30 years

3 Lacs/NA

Kotak Life Preferred e-Term

18/75 years

10/40 years

25 Lacs/NA

LIC AmulyaJeevan

18/60 years

5/35 years

25 Lacs/NA

LIC New JeevanAnand

18/50 years

15/50 years

1 Lac/NA

LIC Term Plan

18/75 years

10/35 years

50 Lacs/NA

Max Life Online Term Plan

18/70 years

10/35 years

25 Lacs/100 Crores

SBI eShield Plan

18/70 years

5/30 years

20 Lacs/NA

SBI ShubhNivesh Plan

18/60 years

5/30 years



types of life insurance policy

Life Insurance Policy Types

1.   Term Insurance 

2.   Endowment Policy

3.   ULIP - Unit Linked Insurance Plan

4.   Money Back Life Insurance 

5.   Whole Life Insurance


Life Insurance Policy Details

1. Term Insurance - It is the simplest and cheapest form of insurance that is designed to offer financial protection for a specified tenure, say 15 or 20 years. Term insurance ensures that your family gets a large lump sum amount, i.e; sum assured after your death to lead a financially stable life. However, if you survive the term, the insurer pays nothing. The best thing about a term insurance policy is that the premium is quite low for the insurance cover it provides. 

2. Endowment Policy:- It offers the dual benefit of insurance and investment. A certain part of the premium is allocated towards the sum assured, while the remaining portion of the premium gets invested in asset markets— equities and debt. It pays a lump sum amount after the specified duration or on the death of the policyholder, whichever is earlier. An endowment policy may declare bonus periodically, which is paid, either on maturity or on the death of the insured. 

3. Unit Linked Insurance Plans (ULIPs):- In ULIP, a portion of the premium goes towards providing the life cover, while the residual portion is invested in equities and debts. The investment portion in ULIP is subject to market volatility. Investing in ULIP inculcates regular saving habit in a person, which is imperative for the creation of wealth. 

4. Money Back Life Insurance:- It offers periodical payment of partial survival benefits during the tenure of the policy as long as the policyholder is alive. In the event of death of the insured, the insurance company pays the full sum assured along with survival benefits. 

5. Whole Life Insurance:-Offering the dual benefit of insurance and investment, whole life insurance plans offer insurance cover for the whole life of the person or up to 100 years whichever is earlier. Also the life insurance company calculates bonus on the sum assured, which is paid to the nominee after the death of the policyholder. 

6. Child Insurance:- The increasing education cost is causing uneasiness among parents. Therefore, it is best to invest in a good child insurance plan to give secured life to your child even in your absence. A child life insurance plan offers a lump-sum amount to the beneficiary (i.e. child) on the death of the policyholder. Here, the policy doesn’t end. In this case, Life Insurance Company exempts all future premiums and pays the money to the child at specified intervals as planned out by the policyholder.

7. Pension Plans:-Also called pension plans, these are offered by life insurance companies to help an individual build a retirement corpus. This money helps a person to lead a financially secured life even after retirement. In case of an unfortunate death of the policyholder, the nominee can either take a lump sum or receive a regular pension for the rest of the policy tenure. These life insurance plans are great to build up a retirement corpus, Most life insurance companies in India provide a wide array of plans for people to save for their retirement.

Benefits of Life Insurance

Benefits of Life Insurance Policy

Having a Life insurance plan is a must do task for every individuals. A life insurance policy is the best way to protect and financially safeguard the future of you and your loved ones. As we all know that it provides life protection to the family of the insured in case of any eventuality but apart from this there is plethora of other benefits, let’s take a look at various benefits below.

1. Loan Against Life Insurance – These policies provides an opportunity to take loan in case you desperately need money. According to the policy provision the loan amount can either be taken in the percentage of sum assured under the policy or as cash value.

2. Tax Benefit- One of the most worthwhile benefit offered the life insurance policy is income tax exemption under section 80C of the Income Tax Act 1961. Under this section the premium paid towards the insurance policy are eligible for tax deduction under section 80C of Income Tax Act. Moreover, the policies that provides maturity benefits are also eligible for tax deduction on the maturity proceeds under section 10(10D) of income tax act 1961.

3. Return on Investment- As compared to the other investment alternatives the life insurance policies yield better return and the money invested in the scheme is safe and covers risk. The money invested will make good return and will be paid back fully as sum assured either after the completion of the tenure of the policy or after the demise of the insured person.

4. Death Benefit- This is the basic and the most prominent benefit offered by the life insurance policy. It provides you and your family a secured future. The death benefit is referred to as the total sum assured amount along with the bonus (if any) is paid to the beneficiary of the policy in case of any eventuality or uncertain demise of the insured person. The plan also provides coverage to people with diminishing income, for retired people or people who meets with accident.

5. Life Stage Specific Planning- Life insurance plan assists in the most effective way in life stage specific planning where you can plan the financial goals of your life according to your convenience. Apart from providing financial support to the family in the event of untimely demise of the insured person it also acts as a great financial instrument for long term investment. by having a life insurance Policy by your side you can meet all the major milestones of life like your child’s education, marriage, building you own home, planning for retirement, etc.

Term Life Insurance vs. Whole Life Insurance


Term Life Insurance

Whole Life Insurance


A Term Policy requires you to pay level premiums for a specified period of time. 

A whole life policy requires you to pay level premiums for your whole life.

Maturity age

Most term plans cover till the age of 65 to 75 years.

Whole Life Insurance policies offer life cover for the entire life of the policyholder.

Cash Value

Term plans don’t build a Cash Value.

Whole Life Insurance build cash value. Whole life plans offer guaranteed and non-guaranteed cash value that is referred as its dividend value.

Policy Term

Term Plans have a tenure usually varying from 5 to 30 years.

Whole Life Insurance plans are valid for a lifetime.

Paid-up Value

Term plans do not offer a paid-up value or any other features if the policyholder wants surrender the policy.

Whole Life Insurance can be paid-up after a specified number of years.


Term policy lapses after 31 days of a missed premium payment.

Whole Life Insurance plans allow the cash value to be used to offset the premiums for some time in case he fails to make the payment.


 Life Insurance Companies in India

Presently, there are 24 companies that sell life insurance products in India. Of all these 24 providers, the only insurance provider under public sector is the LIC of India. The rest of the 23 companies are either private insurance providers or JVs between national or international insurance/finance companies and private or public sector banks/financial institutions.

The access to life insurance sector was given to the private life insurers in the year 2000. Also, most of the private insurers have partnered with the international insurance playersto bring up their insurance venture.

The average claim settlement ratio of the life insurance industry has come out to97%. The table given below shows the ranking of the top life insurance providers based on their CSR and size of business.

Life Insurance Companies with Average Claim Settlement

Insurance Company

No. Of Death Claims Received

No. of Death Claims Paid

Average Value per Claim Paid(in Rs. Crore)

Claim Settlement Ratio






Max Life










ICICI Prudential Life





Aegon Religare





HDFC Standard Life





Reliance Life





SBI Life





Canara HSBC OBC Life 





Bajaj Allianz Life





Sahara Life





Future Generali





Exide Life





Kotak Mahindra





Birla Sunlife





PNB Metlife





Edelweiss Tokyo





IDBI Federal





DHFL Pramerica










Star Union





Bharati AXA Life





India First





Shriram Life





**Claim Settlement Ratios for Finance Year 2015-2016 by IRDA


Life Insurance - FAQs

      • Q. Why Should You Buy a Life Insurance Policy?

        Besides offering financial protection to your family, life insurance policies offer the following benefits:-

        • Certainty: Once a goal has been set, life insurance policy is the best means to fund that goal. This is because it gives a peace of mind that in case of any unfortunate event such as death and critical illness; the sum assured paid by the life insurer will be sufficient to meet future goals of the policyholder or family. People can worry less about what will happen to their families and loved ones in case something unfortunate or unexpected happens to them with an adequate life insurance cover.

        • Tax benefits: The maturity benefits offered by life insurance policies are eligible for tax benefits under Section 10(10D) of the Income Tax Act in India. Also, premiums paid on life insurance policy get tax deductions under Section 80C of the Act.  Planning your life insurance cover the best way possible may even mean that that your tax slabs will be different and you may be able to plan your income to fall under a lower slab than a higher one.

        • Encourages contribution: Most often, life insurance policy is taken for a specified goal, such as child’s education and marriage. In this way, it discourages the person from utilizing those funds for any other motive.  Slowly and steadily, your life insurance policy helps you to increase your corpus and allows you to realize your best dreams without too much effort. The only effort required from you is to pay the life insurance premium on time. 

        • Plan for retirement: Planning for retirement is the biggest advantage of life insurance plans. Most of the country’s working population are not covered under retirement plans. The EPF, PPF and other pension plans only cover a small portion of the population. The only way out seem to be life insurance as the life insurance policy helps build up a corpus for retirement and also provides life insurance cover against a myriad of life’s problems at the same time. The best life insurance companies offer a range of payout options. These include lump sum payment, annuities, and monthly payments.

        • Provide life insurance cover for life’s unfortunate problems: A life insurance policy safeguards against various small or big problems that life may throw at you. Whether it’s providing life insurance cover against hospitalisation, day care, post surgical treatment, or simply helping you build up your wealth in a safe secure manner, a life insurance policy does all this and more. Moreover, the Indian life insurance companies offer a range of policies that help the individuals to buy policies for themselves or their families for a variety of end purposes. In addition, a life insurance cover guards against any unfortunate or unforeseen events such as critical illnesses and even death. 

      • Q. When should you buy life insurance?

        The minute you have people dependent on you, you should buy an insurance cover. The younger the age, lower will be the premium. Anyone who is married and has a family to support should think of purchasing the best life insurance policy. Even single persons can choose the best life insurance plans to get tax benefits. Further, after marriage, they can add their spouse and children as beneficiary in the insurance contract. 

        There is no age limit to start buying life insurance cover. You should buy the best life insurance policy as soon as the requirement arises. In fact, life insurance cover should start from childhood to insure against illnesses and sudden hospitalisations from fever or stomach aches, and should also be present for the elderly to cover against age-related illnesses, regular check-ups, hospitalisation, etc. 

      • Q. How much life insurance do you require?

        Your life insurance needs depend on a various factors such as your marital status, age and gender. For instance, when you are young, you may not need a life insurance but as you grow old and your financial responsibilities get increased, you may need the best life insurance policy of high sum assured.

      • Q.  What are the immediate financial expenses that your family may require upon your immediate death?

        Though this is not a question people like to think about, it is a question that lies at the foundation of life. Death like birth is inevitable and causes havoc wherever it touches people’s lives. The after effects are numbing for the rest of the family members and people take months, if not years, to come out of their grief. 

        Life insurance companies in India provide some of the best insurance covers for the Indian citizens. These covers not only take a long term view and look after future expenses, they also help the family to meet the immediate expenses like repatriation costs, funeral expenses, etc. This may seem like a minor thing to think about against the backdrop of such a major life changing event, but the performance of the rites and rituals cost money and some funds to take care of these expenses always help. 

        Buying a life insurance policy that takes care of these immediate expenses ensure that the insured has taken care of his or her family in the best manner possible. 

      • Q. How to find present expenses to get the best life insurance plans?

        Finding the present cost of living requires breaking up of all the current expenses into their respective categories or expense heads. You can do it the old fashioned way using a notepad and a pen or pencil or the new way of using a financial website or an app. Let’s plan the normal expenses under these categories: 

        • Loans and amounts owed: These are the most important expenses that your life insurance policies must cover. You cannot escape from this liability and will have to repay the bank, no matter what. Your life insurance policy payout must be able to pay off these loans and credit card bills. This is a necessary expense and must be considered first before all expenses. 

        • Rent: If you live in a rented accommodation, then the life insurance policy must cover for the rent until at least your children are all grown up and working.  Since your family can park your insurance cover in a bank’s savings account or fixed deposit, plan for the rent of some years, say 10 or so. This will ensure that even if they get the life insurance cover amount in a lump sum, they can use the interest of the amount thus received to pay off the rent and if possible, also take care of other expenses. 

        • Groceries and food expenses: Take into account all your living expenses for food for the month to understand how much you need. Then arrive at the annual figure to get the life insurance annuity amount you need. It’s even better if you opt for a monthly payout as this will ensure better planning for these small expenses on a month-to-month basis. T

        • Clothes: If you have kids, you will have to factor in a larger amount as they will outgrow their clothes every few months. On the other hand, if you only have a spouse and dependent parents, then the outgo on clothing will be less. 

        • School, college and tuition fees: If you have children, then this is an important item you must account for in your calculations to get the best life insurance policy cover in India. These necessary expenses will help you to get the approximate present cost of your children’s education. 

        • Taxes and Other Fees: As the cliché goes, there is nothing more certain than tax and you should ensure that these are properly taken care of. These may accrue because you own a house, become of some income that your family may earn and which may add to the overall earnings, municipality or revenue taxes or any other charges that need to be paid.

        • Entertainment expenses: Though these are not necessary expenses, they are also not entirely avoidable. Approximate the expenses you incur for this head and then arrive at a judicious figure to add to the current expenses and also to arrive at the future expenses to get the best life insurance policy cover for yourself. 

        • Holidays: These are somewhat avoidable expenses though you must make allowance for some holidays for you and the family. It may be due to family events, a holiday necessitated by the children’s desire to go somewhere, or just for a change of scenery. Out of town travel opens the mind and you can make some allowance, if you prefer for these expenses to arrive at your present expenses. These will help you to better understand how much life insurance you need. 

        • Fees for Helpers: Take into account the fees and other charges that have to be paid to the domestic help, the gardener, the cook, the dhobi and even the driver to get an estimate of how much you spend. Depending on your lifestyle, you may choose to consider all their expenses or trim your staff number to get to the figure.

        • Utility bills: The utility bills and those for the internet and the phone in India accrue every month and will have to be paid and thus accounted for in the life insurance policy planning. 

        • Travel expenses: If you are living in any large city in India, you will have to consider the travel related costs for yourself or your family members. Consider your fuel bills, the toll and parking charges to get to an approximate figure for your life insurance. These expenses fall somewhere between necessary and avoidable expenses, and it may seem sensible to discount this amount if you are the only one driving the car in your family while the others use it only for the weekend. 

      • Q. How to find future expenses to get the best life insurance plans?

        For most of the expenses listed under the current expenses, you can arrive at the yearly and thus the future expense by calculating the annual cost from the monthly costs. One of the best ways to get adequate cover for these expenses is to get a lump sum that you or your family can invest in secure and safe investments like bank fixed deposits or secure debt funds. The payment from these investments, whether as interest or otherwise, will help you get the necessary amount to pay off the monthly bills. 

        Another thing you can do is to check which of the life insurance plans offer monthly payouts. Since these life insurance companies understand the nature of expenses, the best of them have come out with a host of plans for life insurance policyholders in India. These plans work just like a regular salary as the life insurance company deposits the amount on a specific date every month. These regular payouts make it easier to manage your expenses. Some other expenses you have to keep in mind for the future are: 

        • Children’s expenses: Some expenses like children’s higher studies and wedding can be easily covered with life insurance plans. You can allocate a certain amount depending upon your rough estimate to arrive at the number. You can also buy different plans to cover for these expenses. Since higher studies or a wedding happen only when the children have crossed the age of 18 and 21 respectively, opting for child life insurance plans when your children are 1-5 years old means that a significant corpus builds up by the time they reach these specific ages in addition to providing them with a protective life insurance cover. 

        • Healthcare expenses: Your healthcare expenses or those of your spouse or your parents will increase as you age. Life insurance plans should be able to cover for these exigencies. One way to take care of these is to buy mediclaim policies but life insurance plans also work out well. In addition, some of the best life insurance companies in India offer comprehensive plans that also take into account these expenses or provide optional riders that allow you to add these covers for some additional premium amount.

        • Retirement expenses: Planning for your retirement and paying the premium for such a life insurance policy would form the bulk of your salary outgo while planning for the future. Retirement planning using life insurance plans are a great way to save for your retirement and build up a retirement corpus. You must ensure that you buy life insurance plans that ensure you are able to maintain your current standard of living and also go easy on your wallet. The best way to do this is to compare the life insurance plans available from the various life insurance companies in India. Thereafter, you can choose the life insurance cover or covers that work for you. 

      • Q. How long would your dependents need support in case of your sudden demise?

        This is a crucial question in India and determines how much you should save for while you are buying the life insurance plans. With the growth of time, there has been an increased growth of nuclear families in India. This means that your family will have to fend for itself in the event of your demise. The best way to go about it is to understand a few things such as: 

        • The age of your children: Well educated Indians are generally able to find jobs by the time they are 25 years of age on an average. Thereafter they can generally fend for themselves. This means that if your children are in their early teens, they will be able to stand on their own two feet after 15 years at the most. Doing a similar arithmetic, if your children are young and around say 5 years, then they would need 20 years of support at least. So, when you are calculating the amount of life insurance policy you would have to purchase, assume that your policy would be paying for your children’s education for these many years if the unfortunate happens. 

        • The age of your spouse: No matter what, ensure that your homemaker spouse never has to ask monetary help to fend for herself. Looking at how healthcare has developed in India, It makes sense to assume people on an average are going to live well into their 80s in the coming years. Assuming the same for your spouse will ensure she keeps receiving a regular monthly payment for the rest of her life from your life insurance plans. 

        • The age of your parents or other dependent family members: Apply the same logic as the one you have applied for your spouse to get at the amount your parents will need to take care of their needs. You should also factor in the age of your parents while calculating the healthcare expenses they are likely to face. Unlike your spouse who will have time to save enough from your life insurance policy income before she reaches old age, your parents will have less time and will need more funds for the costly medical tests and treatments. 

      • Q. How much money would you like to save for your child’s education and marriage?

        Most parents in India want their children to have the best education and also get married off in pomp and style. As such, it makes sense to save enough money for these needs. However, how much you need depends on certain factors such as the age of the child and the stream they would want to pursue for their education. For marriage, the primary factor is simply how much you want to spend depending on your social status. 

        Life insurance plans help you plan for the future quite easily as they provide a regular affordable premium that you can easily pay. The premium amounts are lesser if you are buying a policy for a longer term of say 15-20 years and are higher for the shorter period plans. In addition, the amount you build up is more. Since foreign education is only contemplated for post graduation, that means you have nearly 20 years to build up a corpus if you start the life insurance policy when your child is less than a year old. The same holds true for your child’s marriage. Assuming they will get married when they are 25 years and above,  you can easily save a substantial amount by the time your child reaches marriageable age, if you start a child life insurance policy when they are young. 

        For all these life insurance plans, the motto is, the sooner the better. 

      • Q. How to find the best life insurance policy in India?

        Following steps to find affordable life insurance plans in India:- 

        • Buy when you are young:- The cost of life insurance policy increases with your age. Therefore, it is always better to buy an appropriate life insurance policy when you are young and when your premium rates are low. 

        • Do your homework:- Every life insurance company deploys its own tools and calculators to choose the right coverage and tenure for your policy. However, it is imperative to carry out some basic research on your part to know what you want and how much premium you can afford. In this way, you can find the best life insurance policy. 

        • Avoid buying too many riders if you don’t understand them:- Though it is a good idea to buy riders, but if you don’t understand them fully, you should avoid them. Remember, riders come at an additional cost and their cost will be added to your life insurance premium. Therefore, it is good to first understand your requirements before shelling out extra money. 

        • Take the help of a trusted life insurance advisor:- While it may look trivial, it is important to take the help of a reliable life insurance advisor to find the right policy. Most individuals are incapacitated to take the right financial decision by themselves and therefore, need to hire a life insurance advisor. 

        Compare life insurance policies:- Since there are various life insurance companies in India offering a gamut of insurance policies, you need to be sure that you have selected right life insurance plans. Either you can compare it by yourself or take the help of a life insurance advisor who will compare various life insurance policies on your behalf.

      • Q. What is the Advantages of Online Life Insurance?

        The number of internet users has increased considerably in India. As a result, more and more people are buying life insurance policies online. However, if you are yet to use the internet to buy the life insurance policy, here we are giving you some of the good reasons why you should buy life insurance policies online now. 

        • Low cost:- Online life insurance policies are cheaper than their offline counterparts. As you purchase life insurance policies directly from the insurer without any intermediary, the insurer saves money and passes on the benefit to the buyer. Thus, online life policies work out to be cheaper. 

        • Easy background check:- With rampant use of social media and other means, it becomes easy to check the reputation of the life insurance company online before buying any policy. While scouting for a life insurance cover online, you can read reviews of policyholders and can take a better decision based on this information. 

        • Hassle-free process:- From start to finish, the entire process is hassle-free. All queries regarding the life insurance cover and insurance plans are quickly resolved by customer service centres. Even mandatory documents such as identity and address proof can be scanned and sent to the life insurance company. 

        • Instant policy quotes:- Online platform allows you to easily compare different life insurance policies in India. You just need to key in the details, get your insurance quotes and compare premium. You can buy the best life insurance policy in a blink of an eye.

      • Q. What are the Common Life Insurance Terms?

        It’s easy to get confused with life insurance jargons at the time of comparing insurance plans. Here we explain some of the common life insurance terms that you must be aware of:- 

        • Premium:- An amount paid to the life insurance company to get an insurance cover is called premium. A single premium life policy cover will require you to pay the entire premium amount in one go, while the yearly premium life policy cover will require you to pay premiums every year for the number of years specified in the life insurance policy document. Your life insurance premium will depend on several factors such as your age, amount of cover, the time period of cover, your gender, smoking or alcohol consumption habits and so on. 

        • Insurer and insured:- The person who is covered by an insurance policy is called insured. Further, the insurer is the life insurance company that issues the policy, such as ICICI Prudential Life Insurance Co., Bharti AXA Life Insurance Co., Max Life Insurance, SBI Life Insurance and Birla Sun Life. 

        • Sum assured:- It is the amount that a life insurance company agrees to pay, excluding bonus. In other worlds, it is the guaranteed amount that you or your nominee will receive. 

        • Bonus:-This is an additional amount given by a life insurer along with the sum assured either on maturity or death of the policyholder. However, only participating life insurance plans or plans ‘with profits’ are eligible to get bonus. 

        • Maturity value:-It is the amount that a life insurance company pays on maturity of the life insurance policy. It includes both sum assured and bonus. 

        • Rider:- It is an additional benefit attached to the primary insurance cover. It offers financial protection over and above the basic sum assured against an eventuality. Some of the most popular riders that can be attached with insurance plans are critical illness rider, disability rider and premium waiver rider. 

        • Annuity:- It is the regular payment that an insurance company agrees to pay you after you cross the specified age. So, for instance, you cross the age mark of 55, the life insurer will pay you a monthly or quarterly return. It is called annuity. 

        • Surrender Value:- If halfway the life insurance policy tenure, you decide to discontinue the life insurance policy and take whatever money is due to you, the life insurer pays an amount which is called surrender value. 

        • Paid-up Value:-If you stop paying premiums but do not withdraw the money from your insurance policy, your life insurance policy earns paid-up value. Depending on the number of premium paid, the insurance company will reduce your sum assured considerably and pays the remaining amount at the end of the tenure. 

        Survival Benefit:- This is a fixed amount paid by a life insurance company at the end of a specified duration.


Compare Life Insurance

Compare Life Insurance Plans Online to Get Best Insurance Premium Quotes in India

If you too are looking for some good life insurance plans, but do not have an idea about which Life insurance company to choose and what type of policy is apt for you, PolicyBazaar can be a great help. We offer details of leading life insurers and various life insurance policies in India, such as endowment life policy and whole life policy. You can even compare different life insurance policies online to see which policy suits you most. You can also enrol for a life policy and pay the premium for the policy online. Furthermore, with PolicyBazaar, getting life insurance policies quotes online from different life insurance companies is no more remain a daunting task. 

Over the last few years the premium of life insurance plans has sloshed drastically. Isn’t that a real motivation to get covered? To buy the best life insurance plan, log on to PolicyBazaar and get quotes from life policies of all the top insurers. So get your life insured, all it takes is a few clicks of the mouse at our website.

You may also like to read : Best 5 LIC Policies To Invest in 2017

No record found.

What our clients say

Our partners
  • aegonlife
  • apollo
  • Aviva
  • Bajaj
  • baxa
  • cigna
  • edelweisstokio
  • exidelife
  • hdfcstandard
  • indiafirst
  • idbi
  • iffco
  • indiafirst
  • Kotak
  • liberty
  • lic
  • L&T
  • metlife
  • Max-Bupa
  • maxlife
  • Reliance
  • religare
  • royal
  • sahara
  • sbilife
  • star-health
  • Future Generali
  • oriental
  • universal Sompo
  • national
  • relianceGeneral
  • Kotak
  • United
  • digit
CIN: U74900HR2014PTC053454 Policybazaar Insurance Web Aggregator Private Limited, Registered Office no. - Plot No.119, Sector - 44, Gurgaon, Haryana - 122001
IRDAI Web aggregator License No. 06 License Code No. IRDAI/WBA21/15 Valid till 13/07/2018 Insurance is the subject matter of solicitation. 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 Insurer © Copyright 2008-2017 policybazaar.com. All Rights Reserved.