10 Crore Term Insurance Plans

A 10 Cr Term Insurance plan provides the sum assured amount of Rs. 10 Crores as a death benefit, to the nominee appointed under the plan after the policyholder’s death during the policy tenure. This plan is the smart way to build financial savings for your family members. The coverage amount entirely depends on your needs and the type of term plan you select.

Read more
Get ₹1 Cr. Life Cover at just ₹449/month*
No medical checkup required
Save more with upto 10% discount
Covers COVID-19
Tax Benefit
Upto Rs. 46800
Life Cover Till Age
99 Years
8 Lakh+
Happy Customers
*Tax benefit is subject to changes in tax laws. *Standard T&C Apply
** Discount is offered by the insurance company as approved by IRDAI for the product under File & Use guidelines
Get ₹1 Cr. Life Cover at just ₹449/month*
No medical checkup required
Save more with upto 10% discount
Covers COVID-19
View plans
Please wait. We Are Processing..
Get Updates on WhatsApp
By clicking on "View plans" you agree to our Privacy Policy and Terms of use

Therefore, investing in a term insurance plan for 10 crores will make sure your family members’ financial requirements will be taken care of even in case of your absence. Also, the monthly premiums are quite low, making the 10 crore term insurance plan a suitable choice among policyholders. 

Best Five Rs. 10 Crore Term Insurance Policies 

The below table illustrates the best term insurance plan for 10 Crore. Look at these plans carefully and choose the one that suits you the best: 

10 Crore Term Insurance Plans  Age at Entry  Age at Maturity Policy Term  Sum Assured (in Lacs)
Bharti AXA Flexi Term Insurance Plan  18 years to 65 years  85 years  Min: 5/10/15/20 years to age: 60 and 75 years  Max: Same as Policy Term  Min: 10 Lakhs  Max: 25 Lakhs 
ICICI Pru iProtect Smart  18 years to 65 years  75 years  5 to 40 years  Min: Subject to minimum premium  Max: No Limit 
Aditya Birla Capital Life Shield Plan  18 years to 65 years  85 years  10 to 55 years  Min: 25 Lakhs  Max: No Limit 
SBI Life e-Shield Plan  18 years to 65 years 100 years  5 years to (100 less entry age) in years  Min: 50 Lakhs  Max: No Limit 
HDFC Life Click 2 Protect Plus Life  18 years to 65 years  85 years  5 years to (85 years less entry age) Min: 25 Lakhs  Max: No Limit 

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

*All savings are provided by the insurer as per the IRDAI approved insurance plan. Standard T&C Apply

“Tax benefit is subject to changes in tax laws. Standard T&C apply.”

Who Should Opt for a 10 Crore Term Insurance Plan? 

  • A 10 Crore term plan is suitable for individuals who are in their late 20s or early 30s. The reason behind this is that the term plan premium rates are economical for persons who are healthy and young. 

  • These term plans are suitable for those who have a large family with a wife, children, parents, etc. 

  • These policies are also suitable for those who want to build large amounts of saving for their loved ones in case of the breadwinner’s absence. 

  • Suitable for those who have the large financial commitments.

Why Buy a 10 Crore Term Insurance Plan? 

Here are 5 reasons to buy a 10 crore term insurance plan: 

  1. High Cover at Low Premium Rates 

    One of the main benefits of buying a 10 Crore term insurance plan is large coverage at low premium rates. You can opt for a 10 Cr term plan at premiums as low as Rs. 4300 when you start at an early age. 

  2. Additional Coverage Benefits 

    A 10 crore term insurance plan comes with additional coverage advantages such as add-on coverage. For example, you can increase the coverage of plans by availing of a terminal illness rider, waiver of premium rider, and accidental death benefit. 

  3. Financial Protection 

    Buying term insurance for 10 crores will make sure that the financial needs of your family are taken care of even in your absence. Also, the death benefit can be used to pay off liabilities, and loans, or can use the amount for household expenses. 

  4. More Savings 

    If you buy a term plan for 10 crores, it will provide you with long-term cover at low premium rates. 

  5. Tax Benefits 

    Get tax savings benefits on the term insurance premium up to Rs. 1.5 Lacs which is deductible u/s 80C of the ITA, 1961. 

How To Buy 10 Crore Term Insurance From Policybazaar? 

Here is a step-to-step guide for buying a 10 Crore term insurance from Policybazaar: 

Step 1: Visit the 10 Crore Term insurance form 

Step 2: Fill in the all the required details like name, age, and contact details, and then click on the tab ‘View Plans’ 

Step 3: Answer few questions related to chewing or smoking habits, occupation type, annual income, language and education. 

Step 4: After the submission of all the relevant information, a list of all available 10 crore term plans will be displayed on the screen. 

Step 5: Select the plan that suits your financial requirements and then proceed to ‘Buy’ the plan  

Five things to know before buying Term Plan Five things to know before buying Term Plan

How to Find a Best 10 Crore Term Insurance Plan? 

There are a number of insurance companies that offer 10 crore term plans at competitive rates. However, if you have already finalized a 10 Cr term plan to protect your family members financially in case of your absence, below are some of the important factors that you should look into at the time of purchasing a plan.

  • Option to increase coverage without purchasing a new term plan 

  • Default coverage for critical ailments such as heart stroke, cancer, etc. 

  • Option to pay the amount of benefit as regular income after filing a claim 

  • Option to offer an increasing regular income after filing the claim 

  • Additional benefits for disability and accidental death

Types of Term Plans

Term insurance articles

Recent Articles
Popular Articles
Term Insurance - A Gift of Lifelong Protection for Your Sister this Rakhi

05 Aug 2022

Raksha Bandhan (Rakhi) is around the corner and if you are...
Read more
Difference Between Child Insurance and Term Insurance

04 Aug 2022

Every parent's priority is to financially protect their child's...
Read more
Gift “Term Insurance” to Your Wife This Karwachauth

04 Aug 2022

Every year, the fast of Karwa Chauth by your wife creates an...
Read more
Critical Illnesses Covered Under ICICI Term Insurance

26 Jul 2022

ICICI Term Insurance plans help secure the financial future of...
Read more
1.5 Crore Term Insurance Plan

26 Jul 2022

Raghav is a 30 years old healthy IT employee who has two...
Read more
Term Insurance Calculator - Calculate your Term Insurance Premium Online
Term Insurance Calculator Term insurance premium calculator is an effective and easy way to calculate the premium...
Read more
Term Plan with Return of Premium - TROP 2022 | Policybazaar
Term Insurance is a simple life insurance plan that provides financial coverage in the form of a life cover for a...
Read more
2 Crore Term Insurance Plan
The pandemic has surely generated a global panic and emphasised the importance of financial planning that would...
Read more
LIC Term Insurance 1 Crore
If you have a LIC term insurance 1 Crore handy, you can cherish all your happy moments as you have made a fine...
Read more
Types of Deaths Covered and Not Covered by Term Insurance
Types of Deaths Covered and Not Covered by Term Insurance When it comes to securing the future of your loved ones or...
Read more

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