Best Term Insurance Plan In India 2025

List of Best Term Insurance Plans In India 2025^~

Buy the best term insurance plan in India at Rs.13/day. Compare and choose the right policy from the list of all term plans in India 2025. These plans offer different life cover options for different annual incomes. Find the most affordable and high coverage plan that fits your financial needs.

Disclaimer: ^~The insurers/plans mentioned are arranged in order of highest to lowest Sum Assured(SA) offered by Policybazaar’s insurer partners offering term insurance plans on our platform, as per ‘first year premium of life insurers as at 31.03.2025 report’ published by IRDAI. Policybazaar does not endorse, rate or recommend any particular insurer or insurance product offered by any insurer. For complete list of insurers in India refer to the IRDAI website www.irdai.gov.in

Note: The above table shows the list of term insurance plans for 1 crore life cover for the profile of an 18-year-old, non-smoking male, cover upto 38 years.

Know what is term insurance first and then buy a term plan for your loved ones.

Common Customer Queries Answered

Which are the Best Term Insurance Plans in India 2025^† ?

Following is a list of the best term insurance plans in India 2025 offered by the term life insurance companies.

1. Aditya Birla Sun Life Insurance Super Term Plan

   • You can choose from multiple death benefits, as per your individual needs.

   • In case of a terminal illness diagnosis, an early payout will be made to help take care of the medical expenses.

   • The plan allows you to claim hospicare, surgical care, and accidental death benefits at nominal additional premiums.

   • There are discounted premiums for non-smokers and individuals maintaining good health profiles, making long-term protection more cost-efficient.

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2. Ageas Federal Termsurance Life Protection Insurance Plan

   • You can choose from multiple plan options, as per your individual needs.

   • Get flexibility in policy terms and premium payment options

   • The plan offers additional discounts for females and high sum assured life cover.

   • You can pay the premiums in regular or single premium payment modes

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3. Aviva Signature 3D Term Plan

   • You can choose from 4 plan options that fit your needs

   • Enhance the base cover with the additional riders available

   • The return of premium option returns all the premiums paid at the maturity of the policy

   • Option to get covered under the MWP Act

   • Get tax benefits as per the prevailing tax laws

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4. Axis Max Life Smart Term Plan Plus

   • You can choose from the different plan variants based on lifestyle needs and long-term financial goals.

   • It includes built-in flexibility to enhance cover against critical illnesses or accidental death through additional rider options.

   • The policy provides women specific benefits like maternity cover, lifeline cover, and female life discount.

   • It gives customers the option to choose increasing payouts, helping the benefit keep pace with rising household expenses.

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5. Bandhan Life iTerm Prime

   • The plan provides life cover with lump sum payout on demise

   • Option to receive all your premiums back if in case you no longer need life coverage through special exit feature

   • Flexible premium payment modes

   • Option to select add-ons/riders for Critical Illness or Accidental death to increase the policy coverage.

   • Tax benefits on premium amount paid and payouts received as per the prevailing laws of the ITA, 1961.

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6. Bajaj eTouch II Term Plan

   • This plan provides cover against death and the diagnosis of a terminal illness.

   • It offers several riders, including accidental death and waiver of premium on terminal illness and disability benefits, allowing for comprehensive protection under one policy.

   • The plan comes with flexible premium payment modes such as monthly, quarterly, or annual payments, giving more financial control to the policyholder.

   • It offers premium holiday, auto cover continuance benefits, and early exit benefit.

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7. Bharti AXA Flexi Term Pro

   • Choose from 2 plan options

   • The return of premium option pays all the premiums paid at the maturity

   • Select for your spouse to be covered under the same plan

   • Choose to get covered under the policy till 100 years of age

   • Pay the premiums in suitable premium pay term and modes

   • Increase sum assured as per needs at different life stages

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8. Canara HSBC Young Term Plan

   • The plan offers a return of premiums on the survival of the policy term.

   • You can exit the plan early and receive all the premiums paid during the policy.

   • The plan waives off future premiums on the diagnosis of a covered critical illness or an accidental total permanent disability during the policy term.

   • You can block your premium rate at the time of policy purchase and increase the cover up to 100% of the base sum assured.

   • The plan allows you to cover your spouse within the same plan.

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9. Edelweiss Life Zindagi Protect Plus

   • The plan offers better half benefit to help you and your spouse get covered under the same plan.

   • You can increase the sum assured of the base policy with the plans’ top-up benefit.

   • Choose from several different riders like accidental death, accidental disability, critical illness, and hospital cash benefit riders.

   • The waiver of premium rider will waive off the remaining premiums on the diagnosis of a covered critical illness and surviving the 30 day waiting period.

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10. Future Generali Care Plus Plan

    • Select the most suitable plan option from the available options

    • Get financial protection for the family

    • Save on taxes as per the prevailing tax laws

    • Customize the policy term and sum assured as per your individual needs

    • Receive a discount of premium on a higher sum assured

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11. Digit Glow Term Life Insurance

    • This plan is designed to offer affordable premiums and simple policy features for ease of understanding.

    • It includes options for both level and increasing cover, giving the policyholder flexibility to manage risk as expenses evolve over time.

    • The plan offers quick issuance with minimal medical requirements for eligible profiles, making it suitable for individuals seeking a hassle-free process.

    • It supports multiple riders to enhance protection, including accidental death and hospital-related benefits, for broader financial security.

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12. HDFC Life Click 2 Protect Supreme

    • You can choose the most suitable plan from the three plan options: Life, Life Plus, and Life Goal.

    • You can get back all the premiums paid as maturity with the Return of Premium option.

    • The plan pays out an Accelerated Death Benefit in case of a terminal illness diagnosis.

    • You can include Waiver of Premium Benefits for Critical Illness and Total and Permanent Disability.

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13. ICICI Pru iProtect Smart Plus

    • Get ICICI Pru iProtect Smart Plus term plan offers cover against death and enhanced protection at different life stages.

    • You get the flexibility of choosing between limited premium payment and regular premium pay terms.

    • Your nominee can receive an instant claim intimation amount of 3 Lacs on as Accelerated Death Benefits.

    • You get additional benefits like premium break, death benefit in installment benefits, and special discounts for salaried customers.

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14. IndiaFirst Life Term Plan

    • Get long term coverage (till 80 years of age)

    • Receive large life cover at affordable premiums

    • Pay the premiums in a suitable premium pay mode and term

    • The death benefit can be paid in lump sum or regular installments

    • Receive tax benefits on the premium paid as per IT Act, 1961

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15. Kotak e-Term Plan

    • This Kotak Term Insurance offers high coverage at affordable rates .

    • The cover can be enhanced at special life events through the step-up option.

    • This Kotak Term Plan gives you flexibility in choosing payout options.

    • You can also opt for the Kotak e Term Plan online for hassle-free purchase.

    • Add extra protection with the Kotak Mahindra Term Insurance riders.

    • The Kotak Mahindra Term Plan allows customization of sum assured and policy term.

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16. LIC New Jeevan Amar

    • LIC New Jeevan Amar offers flexibility to choose the suitable premium payment terms, policy term, and payout options.

    • You can choose from two benefit options: Level or Increasing Sum Assured.

    • The plan offers special rates for women and non-smokers.

    • You can also enhance your coverage by including the Accidental Benefit Rider in your base plan.

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17. PNB Metlife Mera Term Plan Plus

    • This is a comprehensive term insurance plan, which can be purchased online from one of the top term insurance company in India.

    • The policy offers additional coverage to the spouse under the same plan.

    • The plan provides the flexibility to enhance the coverage of the policy under Step-Up Benefit, Life Stage Benefit, and Child Education Support Benefit.

    • The policy offers 3 life benefit options with different additional riders included in the base plan.

    • Lower premium rates are offered for non-smokers and female policy buyers.

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18. Pramerica Life Saral Jeevan Bima

    • The plan offers financial protection for family

    • Choose to pay the premiums in flexible premium payment modes

    • You can select the most suitable policy term from 5 to 40 years

    • Convenient premium payment tenures from single, regular, and limited premium pay tenures.

    • Receive tax benefits as per the prevailing tax laws.

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19. Reliance Nippon Life Super Suraksha Plus

    • Get comprehensive cover for a policy term of up to 50 years

    • Receive return of premium on maturity with the Life Plus Variant

    • Pay the premiums in limited or regular premium payment modes

    • You can increase the cover at milestones like marriage or having kids

    • Enhance the base cover of the policy with the available riders

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20. SBI Life Smart Shield Plus

    • This term plan offers 3 Plan Options, that are Level cover, Increasing Cover, and Level Cover with Future Proofing Benefit.

    • SBI Life Smart Shield Plus is a term plan that provides comprehensive coverage at an affordable premium rate.

    • You can enhance the base cover of your policy with Accidental Death Benefit and Accidental Partial Permanent Disability Benefit riders.

    • The plan can be customized using the Death Benefit Payment Mode and Better Half Benefit Option.

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21. Shriram Life Online Term Plan

    • Choose from 3 plan options for different needs

    • Get affordable premiums for a large life cover

    • Get enhanced protection with the available riders

    • Claim term insurance tax benefits as per the prevailing tax laws

    • The plan has an inbuilt terminal illness and accidental permanent total disability cover.

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22. SUD Life Protect Shield Plus

    • Get covered for the required policy term (max. till 80 years of age)

    • Choose sum assured, premium pay term, and policy term as per your needs

    • Affordable premiums remove strain on your pockets

    • The death benefit will be paid as a lumpsum 

    • Claim tax benefits under sections 80C and 10(10D) of the IT Act, 1961

    Read More

23. TATA AIA Sampoorna Raksha Promise

    • With this, one of the top term insurance company in India, you can choose from 4 plan options

    • Get 50% base sum assured as accelerated benefit in case of terminal illness diagnosis

    • Get FlexiPay benefits, and Family Plan benefits with this plan

    • With this TATA AIA Term Plan, you get an in-built waiver of premium in the terminal illness diagnosis

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*Disclaimer: The list of insurers mentioned are arranged according to the alphabetical order of the name of insurance company respectively. Policybazaar does not endorse, rate or recommend any particular insurer or insurance product offered by any insurer. The list of plans listed here comprise of insurance products offered by all the insurance partners of Policybazaar. For complete list of insurers in India refer to the Insurance Regulatory and Development Authority of India website www.irdai.gov.in

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How to Choose The Best Term Life Insurance in India?

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