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Top Life Insurance Plans in India to Invest

These days, life insurance plans are considered as one of the major pillars of financial planning. A life insurance policy not only provides financial protection to the family in case of an eventuality but also works as a long-term investment option to achieve the financial objectives of life. However, with an extensive range of insurance policies available in the market, choosing the best life insurance policy which fulfils all your requirements is always a tricky task to do. Thus, it is imperative to compare various plans online and make sure that the plan you choose offers all the benefits.

To help you choose the best insurance policy, here we have listed the top life insurance plans in India to invest in.

Plan Name

Entry Age

Maturity Age

Sum Assured

Premium payment options

Tax Benefit

Aditya Birla Sun Life Protector Plus Plan

18 years-65 years

70 years

Min- Rs. 30 Lakh

Max- No upper limit

Regular pay

Offers tax benefit U/S 80C of IT Act

Aegon Life iTerm Plan

18 years-65 years

80 years

Min- Rs.25 Lakh

Max- no upper limit

Equal to the policy term

Offers tax benefit U/S 80C of IT Act

Aviva i-Life

18 years- 55 years

75 years

Min-Rs.25lakh

Max-No upper limit

Equal to the policy term

Offers tax benefit U/S 80C of IT Act.

Bajaj Allianz Life Smart Protect Goal

18 years-65 years

With ROP-75 years

Without ROP-80 years

Min-Rs.50 lakh

Max- No upper Limit

Single pay, regular pay and limited pay

Offers tax benefit U/S 80C & 10(10D) of IT Act.

Bharti AXA Life Monthly Advantage Plan

 

6 years- 12 years Policy tenure

2 years-16 years policy tenure

91 days- 24 years of the policy tenure

Max-

65 years- 12&16 years policy tenure

60 years- 24 years policy tenure

 

 

77 years, 81 years & 84 years

Min- Rs.50,000

Max- no upper limit

6 years, 8 years and 12 years

Offers tax benefit U/S 80C of IT Act

Canara HSBC Investment Shield Plan

 

18 years-50 years

65 years

Limited&Regular pay- 10 times of the annualized premium

Single pay-

Min-1.25 times of single premium

Max- 10 times of the single premium

Single pay, limited pay and regular pay

Offers tax benefit U/S 80C of IT Act

Edelweiss Tokio Life-Simply Protect Plan

 

18 years-65 years

80 years

Min- Rs.25,00,000

Max- No upper limit

Single pay, limited pay and regular pay

Offers tax benefit U/S 80C of IT Act

Exide Life Income Advantage Plan

 

 

10 years- 55 years for 16 years policy tenure

6 years- 55 years for 24 years policy tenure

3 years-50 years for 30 years policy tenure

72 years, 79 years and 80 years

N/A

8 years, 12 years  & 15 years

Offers tax benefit U/S 80C of IT Act

Future Generali Care Plus Plan

 

18 years- 60 years

65 years

Min- Rs.25 lakh

Max- no upper limit

Equal to the policy tenure

Offers tax benefit U/S 80C of IT Act

HDFC Life 3D Plus Life Option

18 years-65 years

23 years-85 years

Min- Rs.50 Lakhs

For Return of Premium(ROI)- Rs.25 lakh

Max- No upper limit

Single pay, regular pay and limited pay

Offers tax benefit U/S 80C of IT Act.

ICICI Prudential  iProtect Smart

18 years-65 years

70 years

Subject to the minimum premium paid

Single pay,  regular pay and limited pay

Offers tax benefit U/S 80C of IT Act.

IDBI iSurance Flexi Lump-sum Plan

18 years-60 years

80 years

Min-50 Lakh

Max-No upper Limit

Regular pay

Offers tax benefit U/S 80C of IT Act

India First Smart Save Plan

 

5 years – 65 years

75 years

N/A

Single pay, regular pay & limited pay

Offers tax benefit U/S 80C of IT Act

Kotak eTerm Plan

18 years-65 years

75 years

Min-Rs.25 lakh

Single pay, regular pay and limited pay

Offers tax benefit U/S 80C & 10(10D) of IT Act.

 Max Life Online Term Plan Plus

18 years-60 years

85 years

Min-Rs.25 lakh

Max-1 Crores

Regular Pay or Pay till the age of 60

Offers tax benefit U/S 80C & 10(10D) of IT Act.

PNB MetLife Mera Term Plan

18 years-65 years

75 years, 99 years

Min- Rs.10 lakh

Max- Np upper Limit

Equal to the policy term

Offers tax benefit U/S 80C of IT Act.

Pramerica Smart Wealth Life Insurance Plan

 

8 years- 55 years

75 years

N/A

5 years, 10 years, 15 years & 20 years

Offers tax benefit U/S 80C of IT Act

Reliance Nippon Life Online Income Protect Plan

 

18 years- 55 years

75 years

Min- Rs. 35 lakh

Max- no upper limit

Equal to policy tenure

Offers tax benefit U/S 80C of IT Act

Sahara Sanchit Jeevan Bima Plan

 

18 years- 65 years

75 years

Up to 45 years of age- 125% of single premium paid

Age 45 and above- 110% of single premium paid

Single pay

Offers tax benefit U/S 80C of IT Act

SBI Life eShield

18 years- 65 years(Level Cover) 60 years(Increasing Level Cover)

Level Cover- 80 years

Increasing Level Cover-75 years

Min- Rs.35 lakhs

Max-no upper limit

Equal to the policy term

Offers tax benefit U/S 80C & 10(10D) of IT Act.

SBI Life  Smart Shield

 

18 years- 60 years

80 years

Min- Rs.25 lakh

Max- No upper limit

Regular pay & single pay

Offers tax benefit U/S 80C of IT Act

Shriram New Shri Vidya Plan

18 years- 50 years

70 years

Min- Rs.1 lakh

Max- no upper limit

Regular pay & limited  pay

Offers tax benefit U/S 80C of IT Act

Start Union Dai-ichi Premier Protection Plan

18 years-60 years

70 years

Min- 25 lakh

Max- 1 Crore

Equal to policy tenure

Offers tax benefit U/S 80C of IT Act

 TATA AIA Fortune Maxima Plan

 

0 years- 60 years

100 years

Single pay

1.25 time of single premium

Limited pay-

Higher of 10 times of annual premium or 0.5 times of policy term * AP

 

Single pay & limited pay

Offers tax benefit U/S 80C of IT Act

See More Plans

Disclaimer: “Policybazaar does not endorse, rate or recommend any particular insurer or insurance product offered by an insurer.”

Let’s take a look at these plans in detail.

Aditya Birla Sun Life Protector Plus Plan

This is a comprehensive life insurance plan, which provides financial security to the family of the insured against any type of eventuality. Along with the benefit of insurance coverage, the plan also provides an opportunity for the insured to create a financial cushion in the long run.  Following are the features of Aditya Birla Sun Life Protector Plus Plan:

  • The plan offers a minimum entry age of 18 years, whereas the maximum entry age of the policy is 65 years.
  • The plan can be purchased online at an affordable cost.
  • The plan offers the option to avail death benefit as annual income.
  • Additional rider benefits are offered by the policy, to enhance the coverage of the policy.
  • The insurance holder can avail the benefit of tax exemption U/S 80C of Income Tax Act.
  • The plan comes with an inbuilt rider benefit of total and Permanent Disability.

Aegon Life iTerm Plus Plan

This is a comprehensive insurance plan, which can be purchased online at an affordable premium rate. The plan comes with in-built rider benefits like accidental death and critical illness rider. Following are the features of the Aegon Life iTerm Plus Plan.

Features of Aegon Life iTerm Plus Plan

  • The plan offers 4 different variants of cover options to choose from. These are:
    • Life benefit option
    • Life plus benefit option
    • Life & health benefit option
    • Life & health plus benefit option
  • The maximum maturity age of the policy is 80 years.
  • Tax exemption can be availed under section 80C of the IT Act.
  • The plan comes with in-built rider benefits like accidental death and critical illness rider.
  • The plan offers the option to choose coverage for 10 basic critical illnesses and 36 enhanced critical illnesses.

Aviva i-Life Plan

Aviva i-life is one of the life insurance plans, which offers a wide range of cover options to insurance buyers. As a comprehensive life insurance plan, Aviva i-life financially safeguards the future of the family members in case of any eventuality.  The following are the features of the plan.

Features of Aviva i-Life Plan

  • The plan can be easily purchased online in a simple and hassle-free way.
  • The plan offers 4 different cover options to choose from.
    • Protect
    • Protect Plus
    • Protect Assured
    • Protect Income
  • The benefit of tax exemption can be availed under section 80C of IT Ac.
  • The plan offers an additional rebate of 5% for the female policy buyers.
  • Under the income protect option, the insured can avail add-on benefit as critical illness and permanent total disability.

Bajaj Allianz Life Smart Protect Goal

As one of the life insurance policy, Bajaj Allianz Life Smart Protect Goal not only provides financial protection to the insured's family but also help to achieve the financial objectives of life. Let’s take a look at the features of the policy.

Salient Features of Bajaj Allianz Life Smart Protect Goal

  • The policy offers comprehensive coverage with a host of features.
  • The plan offers 4 different variants of cover options to choose from. These are:
    • Life cover
    • Life cover with child education extra cover
    • Life cover with a joint life
    • Increasing life cover
  • The insurance buyers can also choose the option of Return of Premium (ROP) under the policy.
  • Add-on rider benefits can be availed to enhance the coverage of the policy.
  • The policyholder can save on taxes under section 80C and 10(10D) of the IT Act.
  • The policy offers the flexibility to choose various premium payment options i.e. single, limited or regular premium payment.

Bharti AXA Life Monthly Advantage Plan

This is a limited premium payment, traditional participating plan, which provides guaranteed monthly income to the insured until the maturity of the policy. Along with the benefit of guaranteed return, the plan also provides insurance coverage to the family of the insured against eventualities. Let’s take a look at the features of the policy.

  • The plan offers the flexibility to choose from 3 options of the policy tenure.
  • The plan offers the option of limited premium payment tenure.
  • After the completion of premium payment tenure, a fixed guaranteed monthly income is offered to the insured until the maturity of the policy.
  • The benefit of tax exemption can be availed U/S 80C of Income Tax Act.
  • On maturity of the policy, the insured receives the maturity benefit as a non-guaranteed annual reversionary bonus + non-guaranteed terminal bonus (if any).
  • The policy offers three different options of rider benefits to enhance the coverage of the policy.

Canara HSBC Investment Shield Plan

This is a unit-linked, non-participating endowment life insurance plan, which offers the benefit of insurance coverage along with the benefit of investment returns. Here are the features of the policy.

  • The plan offers three different coverage options to choose from i.e.
    • Life Option
    • Life Option with Accidental Death Benefit
    • Life Option with Premium Funding Benefit.
  • The plan offers the flexibility to customize the policy as per one’s own needs.
  • Zero premium allocation charges are applicable throughout the premium payment tenure of the policy.
  • The plan offers the flexibility to switch between funds.
  • Tax benefit can be gained U/S 80C of Income Tax Act.
  • After the completion of the 6th policy year, the insured can make partial withdrawals to deal with any type of emergencies.
  • The plan offers 5 different fund options to choose from.

Edelweiss Tokio Life-Simply Protect Plan

 This is non-participating non-linked term life insurance plan, which provides financial protection to the family of the insured against unforeseen circumstances. The plan can be purchased online through simple and easy process. Let’s take a look at the features of the policy.

  • The plan offers the option to choose the life cover up to 80 years of age, so that the family can be protected over a longer period of time.
  • The plan offers the option to choose from multiple premium payment tenure.
  • The plan provides the facility to the insured to choose from 4 different death benefit options i.e.
    • Life cover
    • Life cover with inbuilt accidental death benefit.
    • Life cover with inbuilt waiver of premium benefit on accidental total and permanent disability.
    • Life cover with inbuilt waiver of premium benefit on critical illness.
  • The plan offers the facility to choose from the different sum assured pay-out option.
  • The plan offers the facility to avail the benefit of tax exemption U/S 80C of Income Tax Act.
  • As it is a term life insurance plan, no maturity benefit is offered under the policy.

Exide Life Income Advantage Plan

This is a non-participating life insurance savings plan, which ensures financial security of the family of the insured along with the benefit of guaranteed regular income. This policy not only takes care of the liabilities of the family but also ensures that they maintain a good lifestyle even in the absence of the insured.   The following are the features of the policy.

  • The plan provides insurance coverage for the entire tenure of the policy.
  • Guaranteed income is paid to the insured on the survival of the policy, provided the entire premium of the policy is dully paid during the premium payment tenure.
  • The policy offers flexible options to avail income pay-out.
  • Add-on rider benefits are offered by the policy, to enhance the coverage of the policy.
  • Income tax exemptions can be availed under section 80C and 10(10D) of the Income Tax Act.
  • The policy offers a savings up to 6% on the higher premium paid.

Future Generali Care Plus Plan

This is a pure term life insurance plan that provides comprehensive insurance coverage to the family of the insured at an affordable premium rate. The policy is specifically designed to cater to the requirements of the insurance buyers.  The following are the features of the policy.

  • The policy offers two different variants of insurance coverage to choose from. These variants are:
    • Future Generali Care Plus Classic Option
    • Future Generali Care Plus Premium Option
  • The policyholder can enhance the coverage of the policy by choosing the rider option under the basic plan.
  • In case of the unfortunate demise of the insured person, a lump-sum sum assured amount as the death benefit is offered to the beneficiary of the policy.
  • savings are offered under the policy for a higher sum assured amount.
  • The insured can save on taxes U/S 80 C of Income Tax Act.

HDFC Life 3D Plus Life Option

As one of the life insurance policy in India, HDFC Life Click 2 Protect 3D Plus is a comprehensive term insurance plan which can be purchased online. The 3D in plan refers to the three different uncertainties i.e. disease, disability, and death. The plan safeguards the financial future of the family at an affordable premium rate. The following are the salient features of the plan.

Salient Features of HDFC Life 3D Plus Life.

  • The policy buyers can choose from the 9 different plan options offered by the policy.
  • The plan offers the flexibility to choose different policy terms and premium payment terms.
  • Through the option of top-up, the plan offers the flexibility to increase the cover every year.
  • Policy savings are offered to female policy buyers.
  • Tax benefits can be availed U/S 80C and 10(10D) of the Income Tax Act.
  • The life stage protection feature offers the option to increase the basic sum assured amount on certain key milestones of life without medicals.

ICICI Prudential iProtect Smart

This is an enhanced life insurance policy, which offers comprehensive coverage to the family of the insured in case of an eventuality and protects their financial future. The plan comes with four different types of payout options. Let’s take a look at the features of this life insurance policy in detail.

Salient Features of ICICI Prudential iProtect Smart

  • The Plan offers a maximum policy term up to the age of 8 years.
  • The insured can choose from 4 different types of payout options.
  • The plan offers lower premium rates for women policy buyers.
  • Tax benefit can be availed up to the maximum limit of Rs.1.5 lakhs on the premium paid towards the policy and the claim made U/S 80C and 10(10D) of IT Act.
  • The plan offers add-on rider benefits like accidental death benefit rider and critical illness rider to enhance the coverage of the policy.

IDBI iSurance Flexi Lump-sum Plan

This is a comprehensive life insurance policy, which safeguards the financial future of the insured’s family and takes care of the liabilities in case of any eventuality. Here are some of the salient features of the policy.

Salient Features of IDBI iSurance Flexi Lump-Sum Plan

  • The plan offers 4 different variants of cover options to choose from. These are:
    • Lump-sum with conversion option
    • Fixed monthly income benefit
    • Lump-sum + Fixed monthly income benefit
    • Lump-sum + Increasing monthly income benefit
  • Add-on rider benefits can be availed to enhance the coverage of the policy.
  • The maximum maturity age of the policy is 80 years.
  • Tax exemption can be availed under section 80C of IT Act.

India First Smart Save Plan

As one of the life insurance plans in India, this is a non-participating unit linked savings life insurance plan, which helps an individual to accumulate funds over a long period of time. The plan helps to initiate the habit of systematic savings with an objective of wealth creation by investing in 4 different fun options as per one’s own choice and risk appetite. Let’s take a look at the features of the policy.

  • As a unit-linked insurance plan, it offers the dual benefit of insurance cum investment under a single plan.
  • The insurance holder can choose from 4 different fund options to invest in.
  • After the completion of 5 policy years, partial withdrawals can be made by the insured in case of an emergency.
  • The plan provides an opportunity to accumulate funds over a long period of time along with the benefit of investment returns.
  • The insured can switch between funds as per their suitability.
  • The plan provides different premium payment options to choose from.
  • In case of the unfortunate demise of the insured person, the death benefit is offered to the beneficiary of the policy.
  • The advantage of tax exemptions can be availed U/S 80C and 10(10D) of the Income Tax Act.

Kotak eTerm Plan

This is an online term plan offered by Kotak Life Insurance. The plan provides comprehensive coverage to the family of the insured in case of any eventuality. Let’s take a look at some of the salient features of the plan.

Features of Kotak eTerm Plan

  • As Kotak eTerm is a pure term plan, it offers an only death benefit.
  • The plan offers different payout options to choose from
    • Immediate payout
    • Level recurring payout
    • Increasing payout
  • The policy offers different premium payment options i.e. regular, limited and single to choose from.
  • As per one’s requirement and suitability, the policy buyers can choose from multiple plan options offered by the policy.
  • The different plan options offered by the policy are:
    • Life option
    • Life plus option
    • Life secure option

Max Life Online Term Plan Plus

This is an online life insurance plan, which provides comprehensive coverage to the family of the insured at an affordable premium rate. The plan works as a pure term plan, which comes with many different variants. Let’s take a look at the salient features of the policy.

Features of Max Life Online Term Plan Plus

  • The plan offers a simple and hassle-free process of online policy purchase.
  • Max life online term plan plus offers insurance coverage up to maximum Rs.1.crore at just Rs.563 per month.
  • The policy offers 3 different variants of plan options to choose from.
  • The policyholder can choose to add rider benefits to the policy to enhance the coverage of the policy.
  • The plan offers comprehensive protection against death dismemberment and critical illness.

PNB Metlife Mera Term Plan

This is a pure protection term plan, which offers comprehensive cover to the family of the insured. As one of the insurance policies available in the market, this plan is suitable for individuals who want to secure the future of their loved ones at an affordable premium rate. Let’s take a look at the salient features of the plan.

Salient Features of PNB Metlife Mera Term Plan

  • The plan offers the option of joint life, where the spouse is covered in the same policy.
  • The maximum tenure of the policy maturity is 99 years.
  • The plan provides financial freedom for your children to pursue their career dream and goals.
  • Tax benefits can be availed under section 80C and 10(10D) of the Income-tax Act.

Pramerica Smart Wealth Life Insurance Plan

This is a non-participating Unit Linked Insurance Plan, which provides insurance coverage to the family of the insured along with the benefit of investment returns over a long-term period. The plan helps to initiate the habit of systematic savings with an objective of wealth creation by investing in 5 different fun options as per one’s own choice and risk appetite.  The following are the features of the policy.

  • The plan offers insurance coverage to the family of the insured along with the benefit of high investment returns in the long-term.
  • The plan helps to accumulate wealth over a long-term period.
  • Loyalty addition bonus is offered to the policyholder at the end 10th, 15th, and 20th policy year.
  • The plan offers the option to choose from the different tenure of premium payment.
  • To safeguard the fun value from the market fluctuation, the insured can make free switches between funds.
  • The insurance holders can choose from 5 different fund options to invest in.
  • The insured can avail the benefit of tax exemption U/S 80C and 10(10D) of Income Tax Act.
  • The maximum maturity age offered by the policy is 75 years.

Reliance Nippon Life Online Income Protect Plan

This is a non-participating, non-linked term insurance plan that takes care of the financial liabilities of the family in case of any eventuality. The plan also provides the family with regular monthly income so that they can maintain the same standard of living even in the absence of the insured.  Here are some of the salient features of the policy.

  • The plan secures the family’s financial future.
  • The plan ensures that all the liabilities are secured adequately.
  • The policy provides guaranteed monthly income for the family in the absence of the insured.
  • The policy can be purchased online in a simple and hassle-free process.
  • Tax benefits can be availed U/S 80C of Income Tax Act.
  • In case of demise of the insured, death benefit is offered to the beneficiary of the policy as higher of:
    • 10 times of the annualised premium or
    • Basic sum assured amount or
    • Guaranteed sum assured on maturity of the policy.
  • The insurance holder can opt for rider benefit along with the basic coverage to enhance the coverage of the policy.

Sahara Sanchit Jeevan Bima Plan

This is a unit-linked one-time pay life insurance policy, wherein the premium paid by the policyholder is invested in the capital market with an objective to create wealth over a long period of time and gain high returns on investment. Along with the benefit of investment returns, the plan also offered insurance coverage to the family of the insured. Let’s take a look at the salient features of the policy.

  • The plan offers 5 fund options to choose from.
  • The plan offers the option of a single premium payment.
  • On maturity of the policy, total fund value as on that date is paid to the insured.
  • Tax benefits can be availed U/S 80C and 10(10D) of the Income Tax Act.
  • In case of the unfortunate demise of the insured person, the beneficiary of the policy receives death benefit as higher of the sum assured amount or fund value, subject to a minimum of 105% of the total premium paid.

SBI Life eShield Plan

Another option of the life insurance plan is the SBI Life shield plan. As a pure protection plan, it offers tailored benefits to the policyholder and provides financial security to the insured’s family in case of eventualities. Let’s take a look at the features of the policy.

Features of SBI Life eShield Plan

  • The policyholder can customize the plan as per their requirement by choosing from the 4 different protection variants.
  • Under the increasing cover option, the sum assured amount of the policy increases by 10% in the completion of every 5 years of the policy.
  • The 4 different variants offered under the policy are:
    • Level cover
    • Level cover with accidental death benefit
    • Increasing cover
    • Increasing cover with accidental death benefit
  • The insured can save on taxes under section 80C and 10(10D) of the IT Act.
  • The plan offers savings for non-smokers and female policy buyers.
  • The online process of policy purchase is very simple and hassle-free.

SBI Life Smart Shield

This is a non-participating term insurance plan that provides financial protection to the family of the insured in case of any eventuality. As a comprehensive term life insurance policy, SBI life Smart Shield offers insurance coverage at an affordable premium rate. The following are the salient features of the policy.

  • The plan offers regular and single premium paying options.
  • The insured can choose from 4 different options of life cover i.e.
    • Level Term Assurance
    • Increasing Term Assurance
    • Decreasing Term Assurance (Loan Protection)
    • Decreasing Term Assurance ( Family Income Protection)
  • In the event of an unfortunate demise of the insured person, death benefit and total sum assured amount is paid to the nominee of the policy.
  • The insured can avail the benefit of tax exemption U/S 80C and 10(10D) of Income Tax Act.
  • Add-on rider benefits are offered under the policy to enhance the coverage of the policy.

Shriram New Shri Vidya Plan

This is a participating traditional child life insurance plan that secures the financial future of the child and provides protection against any type of eventualities. The plan is specifically designed to cater to the requirements of the child at various stages of life. Let’s take a look at the salient features of the policy.

  • The plan offers multiple policy tenure options to choose from.
  • The insured can choose from various premium payments tenure options.
  • The minimum entry age offered by the policy is 18 years, whereas the maximum entry age of the policy is 50 years.
  • The plan offers regular monthly income plus a basic sum assured amount in the event of the unfortunate demise of the insured person.
  • The plan offers premium savings for the high sum assured amount of the policy.
  • The additional sum assured amount in equal instalments is offered to the beneficiary of the policy at the end of the last 4 years of the policy tenure.
  • Tax benefits can be availed under Section 80C of the Income Tax Act.
  • The insured can purchase additional rider benefits to increase the coverage of the policy.

Start Union Dai-ichi Premier Protection Plan

This is a comprehensive term insurance plan, which provides financial protection to the family of the insured against any type of eventualities. The plan offers insurance coverage at an affordable premium rate. Here are some of the salient features of the policy.

  • The plan offers a minimum entry age of 18 years, whereas the maximum entry age of the policy is 60 years.
  • In the event of the unfortunate death of the insured person during the tenure of the policy, the death benefit is offered to the beneficiary of the policy as a total sum assured amount.
  • The insured can choose to provide additional protection to the family by option for rider benefits offered by the policy.
  • The policy offers a premium savings for the higher sum assured amount.
  • The insurance holder can avail the benefit of tax exemption U/S 80C of Income Tax Act.
  • As per one’s requirement and suitability the policyholder can choose the policy tenure.

TATA AIA Fortune Maxima Plan

This is a unit-linked non-participating whole life insurance plan, which ensured the financial protection of the family of the insured. The plan allows the policyholder to maximize the whole life protection corpus by investing in market-linked securities. Investment in this plan can help the insured to achieve short-term and long-term financial goals along with the benefit of whole life insurance coverage. The following are the salient features of the policy.

  • The policy offers single and limited premium paying options to the policyholder.
  • The plan offers the benefit of regular loyalty additions to boost investments.
  • The plan offers the flexibility to choose 11 different fund options for increased investment opportunities.
  • The plan offers the option to enhance the coverage of the policy by purchasing add-on rider benefits offered by the policy.
  • The premium paid towards the policy up to the maximum limit of Rs.1.5 lakhs and the investment returns are tax exempted under Section 80C and 10(10D) of Income Tax Act.
  • The plan offers coverage up to the whole life of the insured i.e. 100 years.
  • The insured can make free switches between funds.

Wrapping it Up!

These top life insurance plans offered by the life insurance company to cater to the needs of the insurance seekers. Moreover, according to your own choice you can choose the policy online and buy the policy is easy and hassle free-way.

Other than the above-mentioned life insurance policies, there many other plans available in the market. Make your choice and pick a company that offers services to your best likings.

Written By: PolicyBazaar - Updated: 16 September 2020
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