Term Insurance Plans

Top 10 Term Insurance Plans In 2017

*Please note that the quotes shown will be from our partners

Insurance companies offer a wide range of plans with specific benefits aimed at targeted clientele. The premiums for similar plan can differ massively across providers. It is hard to investigate a huge number plans in a basic way. In this article, we attempt to streamline things for you. We show you the best plans and the gimmicks of the arrangements from different insurance agencies with the goal that you can settle on an educated choice. Life insurance is a long haul responsibility and it is imperative that you get to know the gimmicks and profits of the different plans.

Top Term Insurance Plans

Sl No

Top Term Insurance Plans

1

HDFC Life Click 2 Protect Plus

2

Bajaj Allianz - iSecure

3

BhartiAxa Term Plan - eProtect

4

 LIC AmulyaJeevan

5

SBI Life - eShield:

6

Reliance Online Term

7

AegonReligareiTerm

8

Aviva I-Life

9

Max life insurance - Term plan

10

Birla Sun Life Insurance

Let's know more about top 10 Term Insurance Plans in India:

HDFC Life Click 2 Protect Plus:

HDFC Life Click 2 Protect Plus term insurance arrangement gives you far reaching security at a moderate value and helps you to ensure yourself and your friends and family against vulnerabilities that life may toss at you. This term insurance plan protection arrangement gives an extensive variety of spread alternatives and you can pick the spread relying upon your need. The term insurance plan offers four cover options:

  • Life Option
  • Extra Life Option (Accidental Death Benefit)
  • Income Option
  • Income Plus Option

Premium Rate 

Gender

Male

Age

35

Policy Term

30 years

Premium Paying Term

Regularly for 30 years

Sum Assured

25 lakhs

Annual Premium

Rs 5316 (excluding taxes)


Bajaj Allianz - iSecure:
 

Bajaj Allianz iSecure offers you a choice to cover your spouse too. As every individual have their specific requirements so this plan allows you to customize your policy as per your needs. Also, you get the flexibility to select your policy term of 10, 15, 20, 25, or 30 years relying upon your necessity. The company rewards the policyholder for keeping a healthy life by offering extraordinary premium rates for non-smokers and tobacco users.

Premium Rate :

Gender

Male

Age

35

Policy Term

30 years

Premium Paying Term

Regulary for 30 years

Sum Assured

25 lakhs

Annual Premium

Rs 6651

 *You can add your spouse later in the policy too.

Bharti Axa Term Insurance Plan - eProtect: 

Bharti AXA Life eProtect is the basic, hassle free and online term insurance protection plan that offers assurance for your family at a reasonable expense. So now, you can seek the Life Insurance cover, suited to your divergent needs, at the click of a mouse.

Premium Rate

Gender

Male

Age

35

Policy Term

29 years

Rider- Daily Hospitalization Cash Benefit Rider (DHCB)

Rs 1000 for 5 years

Sum Assured

25 lakhs

Annual Premium

Rs 5604 (excluding taxes)

*If you don’t opt for rider, then premium amount will vary.

 LIC Amulya Jeevan:

LIC Amulya Jeevan is the term insurance protection plan which offers financial protection to the policyholder's family in case of unfortunate demise of the insured. The premiums can be paid yearly, half-yearly or single premium mode.

Premium Rate

Gender

Male

Age

35

Policy Term

30 years

Sum Assured

25 lakhs

Annual Premium

Rs 8400 (excluding taxes)


SBI Life - eShield:
 

SBI Life - eShield, UIN: 111N089V01, a non-participating pure term insurance plan.

SBI Life - eShield is a pure Online Term Insurance Plan which will protect you and your loved ones. It provides security for your family at an affordable premium. SBI Life e-Shield has four plan options to suit your needs.

Premium Rate

Gender

Male

Age

35

Policy Term

30 years

Sum Assured

25 lakhs

Annual Premium

Rs 6770 (inclusive of service taxes)

 * Along with the basic sum assured, you can also get an additional coverage against death due to an accident during the policy term by paying Rs 7838.


Reliance Online Term:

Reliance Online Term is an impeccable insurance plan which offers a wide cover at an affordable rates along with the convenience of buying the insurance at a single click.

Premium Rate

Gender

Male

Age

35

Policy Term

30 years

Premium Paying Term

Regularly for 30 years

Sum Assured

25 lakhs

Annual Premium

Rs 5316 (excluding taxes)


Aegon Religare iTerm

Under this term insurance life cover plan, you get the following benefits:

  • 25% advance payment on the detection of terminal illness
  • Extra accidental death benefit with AD Rider
  • Payout on diagnosis of woman's critical disease (only when a rider is bought)
  • Hassle-free online buy
  • Policy holder gets tax rebate under Section 80(C) and 10(10) D according to predominating expense laws.

Premium Rate

Gender

Male

Age

35

Policy Term

30 years

Life Cover

75 lakhs

Annual Income

5 lakh

Annual Premium

Rs 8764 (inclusive of taxes)

*Additional benefits like an accidental death benefit rider and waiver of premium rider on critical illness are also available.


Aviva I-Life:

In case of a sudden demise of the policyholder, the Sum Assured will be paid to the recipient in your family to deal with their future needs. You will be entitled to get tax benefits under Section 80C. To offer you convenience, we are allowing you to buy this term insurance plan online to save both your time and effort.

Premium Rate

Gender

Male

Age

35

Policy Term

30 years

Assured Sum

25 lakhs

Annual Premium

Rs 8764 (inclusive of taxes)

*Additional benefits like accidental death benefit rider and waiver of premium rider on critical illness are also available.

 
Max life insurance - Term plan:

Max Life Online Term arrangement is intended to deal with the stresses that you may have regarding your family's security when you are not around. It provides an additional safety net to deal with their regular needs. This term insurance plan offers a three distinct death benefits to choose from= Basic Life Cover, Life Cover + Monthly Income and Life Cover + Increasing Monthly Income.

Birla Sun Life Insurance:

Birla Sun Life Insurance Company Limited (BSLI) is a joint venture between the Aditya Birla Group, a remarkable Indian aggregate, and Sun Life Financial Inc., one of the main worldwide money related administrations associations from Canada. With an experience of over 10 years, BSLI has added to the development and advancement of the Indian disaster protection industry and as of now it is one of the main life coverage organizations in the nation.

Note for all tables above:

*Above premium rates are computed for non tobacco users.

*Above premium amounts may vary as per the premium paying frequencies options and underwriting rules applicable.

This data is gathered after intensive research and will give you an introduction about the best term plans that are framed to give you a secured future life. This will help you to choose a correct plan and utilize it. The information presented here is correct right now, but insurance companies may change it a bit according to their companies’ strategies, then hurry up start the research and use this write-up as a tool to move to an able and happy future and worry-free present.

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