Prices Increasing soon Prices Increasing Soon

Top 5 Life Insurance Plans in India

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. 

Read more
Gets ₹1 Cr. Life Cover at just
COVID-19 Covered
The Policybazaar Advantage
Dedicated claim support for family FREE
Upto 10% discount for buying online
Only certified experts will call you on 100% recorded lines
We are rated~
6.7 Crore
Registered Consumers
Insurance Partners
3.4 Crore
Policies Sold

#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:-

Life is Unpredictable! Protect your family’s future
Get ₹1 Crore Life cover starting from ₹384/month+
We don’t spam
Check Your Premium Now
Please wait. We Are Processing..
Get Updates on WhatsApp
The Policybazaar Advantage
Policybazaar Advantage Icon
Dedicated claim support for family FREE
Policybazaar team will help and support you at the time of claim. A personal claim handler from our team of experts will get in touch with you when your nominee applies for a claim on our website.
Policybazaar Advantage Icon
100% calls recorded to ensure no mis-selling
We will make sure you get what is promised by the advisors. We conduct regular monitoring of our calls to make sure you get the best experience.
Policybazaar Advantage Icon
Exclusive lifetime discount upto 5% for buying online
The discounts will be valid for the entire policy payment term and is not available if you choose to buy the insurance through offline agents.
Policybazaar Advantage Icon
Advisors available in your city
Our advisors are available in more than 55 cities across India and can help you at your doorstep in understanding the plans and in documentation.
Policybazaar Advantage Icon
Refund at the click of a button
In case you aren’t happy with your purchase, you can cancel your policy hassle-free at the click of a button. We will help you with the cancellation and refund of your policy.

Let us take a look at the top 5 life insurance plans in India that you can purchase to secure your future.

What are the Top 5 Life Insurance Plans in India in 2023?

Here is a list of all the best life insurance plans in India that you can purchase in 2023

Plan Name Sum Assured Entry Age Maximum Maturity Age Policy Term
Max Life Smart Secure Plus - 18 - 65 years 85 years -
Bajaj Allianz eTouch 50 Lacs - 10 Crore 18 - 45 years 99 years 10 - 81 years
Tata AIA SRS Vitality Protect 50 Lacs - 2 Crore 18 - 65 years 100 years 10 - 82 years
ICICI Prudential iProtect Smart 50 Lacs - 10 Crore 18 - 65 years 99 years 5 - 20 years
HDFC Life Click 2 Protect Super 50 Lacs - 20 Crore 18 - 65 years 85 years -

one crore term plan

Term Plans


Life Cover

@ Starting from ₹ 16/day+


Life Cover

@ Starting from ₹ 8/day+


Life Cover

@ Starting from ₹ 12/day+

Features and Eligibility Criteria of the Top 5 Life Insurance Plans In India

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 top 5 life insurance plans in India 

  1. Max Life Smart Secure Plus

    • 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

  2. Bajaj Allianz eTouch

    • 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

  3. Tata AIA SRS Vitality Protect

    • 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

  4. ICICI Prudential iProtect Smart

    • 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

  5. HDFC Life Click 2 Protect Super

    • 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

one crore term plan

Secure Your Family Future Today


Term Plan Starting @ ₹449/month+

Get an online discount of upto 10%+

Compare 40+ plans from 15 Insurers

+Standard T&C Applied

How Should You Choose the Best Life Insurance Plan In 2023?

Here is a list of all the factors you should consider before buying the best 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 best 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 top 5 life insurance plans in India online before purchasing the best life insurance plans in India. 

How To Buy the Best Life Insurance Plans in India?

You can follow the steps below to purchase the best life insurance plan in 2023:

  • 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

Different types of Plans

Premium By Age

Life insurance articles

Recent Articles
Popular Articles
What High Net Worth Individuals (HNIs) Do To Secure Their Family?

09 Aug 2023

High net worth individuals often opt for life insurance plans to
Read more
A Review Of ICICI Prudential Life Insurance

28 Jun 2023

“Policy Bazaar insurance clarified the term policy for me, so
Read more
A Review Of HDFC Life Insurance

27 Jun 2023

“I recently bought an HDFC term plan and it is the best
Read more
Best Life Insurance Policy in India with High Returns

20 Jun 2023

The best life insurance policy in India is a type of life
Read more
Which Insurance is Best in India?

20 Jun 2023

Insurance is a financial product that transfers the risk to a
Read more
How to Check LIC Policy Status, Details, Statement via Online/SMS/Call
Last year, Mr. Rajiv Verma bought a Child LIC policy to provide financial security for his kid's future. However
Read more
Life Insurance Claim Settlement Ratio
The Claim Settlement Ratio is a percentage that represents the ratio of claims paid to customers by an insurance
Read more
SBI Life Insurance 50,000 per year Plan for 5 Years
Life insurance is about the financial protection of the family and working for life’s milestones through smart
Read more
PLI Surrender Value Calculator
PLI Surrender Value Calculators have proven to be one of the simple tools for digitally savvy customers. PLI
Read more
SBI Life Insurance Policy Surrender Value Calculator
Are you planning to surrender your SBI life insurance plan? But, are you aware of the amount attached to the
Read more

View Plans
Download the Policybazaar app
to manage all your insurance needs.