Prices Increasing soon Prices Increasing Soon

Rs. 25,000 Term Life Insurance Coverage

Every individual irrespective of the social strata they belong to, requires a financial safety net to fall back on in case of emergencies. Term insurance plans offer just that at affordable premiums. Now, these premiums tend to increase as the sum assured increases, which is why it is not feasible for just anybody to purchase high insurance coverage. In such cases, individuals can opt for low coverage options such as Rs. 25,000 term life insurance coverage.

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~
rating
58.9 Million
Registered Consumer
51
Insurance Partners
26.4 Million
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:- http://bit.ly/3J20bXZ

Life is Unpredictable! Protect your family’s future
Get ₹1 Crore Life cover starting from ₹384/month+
+91
Secure
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.

What is 25,000 Term Life Insurance Coverage?

With each term insurance policy, you need to assure a sum that effectively covers the risk of your life against regular premium payments. The sum assured on death is basically the benefit that can be claimed by the assigned beneficiaries on the death of the policyholder.

Rs. 25,000 term life insurance coverage, as the name suggests, is a term life cover with the assured death benefit amount of Rs. 25,000. This means that if the life assured dies within the stipulated policy term, the nominees could claim this amount from the respective insurer. Please note that these policies are pure risk protection plans and do not come with maturity or surrender benefits.

one crore term plan
plus

Term Plans

₹1
Crore

Life Cover

@ Starting from ₹ 16/day+

₹50
LAKH

Life Cover

@ Starting from ₹ 8/day+

₹75
LAKH

Life Cover

@ Starting from ₹ 12/day+

Can I Buy Rs. 25,000 Term Life Insurance Coverage?

Yes, one can buy a term life insurance cover of Rs. 25,000. However, note that most standard term life insurance policies usually offer high coverage ranging from Rs. 25 Lakhs to up to Rs. 1 Crore. These high cover term life policies are naturally priced higher. In order to address the insurance needs of people belonging to lower-income groups or economically backward sections, insurers have come up with micro insurance schemes.

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

Micro insurance Term Life Coverage

A micro insurance term plan offers low coverage risk protection against the death of the policyholder for a limited duration of time. Given that the coverage is significantly lower in these plans, the premiums charged are comparable and easily affordable by someone on a tight budget. Life insurance coverage in these schemes can range from a minimum sum assured of Rs. 10,000 to a maximum of Rs. 50,000.

Notably, apart from micro insurance plans, there are certain standard low coverage term life product offerings, wherein the sum assured can range from Rs. 30,000 to up to nearly Rs. 2 Lakhs. These are higher than Rs. 25,000 term life insurance coverage is ideal for those who have the budget to follow through with the respective premiums. Such low coverage term plans are available at low premiums and, therefore, make for a good insurance vehicle for low-income groups.

The table below lists some term life insurance policies that offer low coverage to the tune of Rs. 25,000.

one crore term plan

Secure Your Family Future Today

₹1 CRORE

Term Plan Starting @ ₹449/month+

Get an online discount of upto 10%+

Compare 40+ plans from 15 Insurers

+Standard T&C Applied

Policies Offering 25,000 Term Life Insurance Coverage

List of Policies Insurer Minimum Sum Assured (in Rs.) Maximum Sum Assured (in Rs.) Policy term
SBI Life - Grameen Bima SBI Life 10,000 50,000 5 years
Aviva Jana Suraksha Aviva 25,000 50,000 5 or 10 years
LIC’s Bhagya Lakshmi LIC 20,000 50,000 7-15 years
LIC’s New Jeevan Mangal LIC 10,000 50,000 5-15 years
PNB MetLife Bima Yojana PNB MetLife 1,000 per member 2,00,000 6-84 months
Bharti AXA Life Group Term Micro Insurance Plan Bharti AXA Life 1,000 per member 2,00,000 2-5 years
Kotak Raksha Group Micro Insurance Plan Kotak Life 5,000 2,00,000 1 month - 10 years
ICICI Pru Sarv Jana Suraksha ICICI Pru 5,000 2,00,000 5 years
ICICI Pru Shubh Raksha One ICICI Pru 1,000 per member 2,00,000 per member 1 month - 1 year

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

Term Life Insurance Plans With Coverage Above Rs. 25,000

List of Policies Insurer Minimum Sum Assured (in Rs.) Maximum Sum Assured (in Rs.) Policy term
SBI Life – Saral Swadhan+ SBI Life 30,000 4,75,000 10-15 years
ICICI Pru Life Raksha ICICI Pru 50,000 5,00,000 5 years
Canara HSBC POS - Easy Bima Plan Canara HSBC 50,000 15,00,000 10-20 years

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

Note: It is suggested to calculate the term plan premium on the term insurance calculator online tool by Policybazaar before buying.

Should You Purchase Rs. 25,000 Term Life Insurance Coverage?

The insurance needs of every buyer are different, as are their circumstances. Not everybody in the country may be able to afford a term coverage of Rs. 1 Crore. As long as the policyholder has life cover, his/her dependents can enjoy some semblance of financial security with the death benefit amount. While Rs. 25,000 may not be significant for someone in the city, families of people working with minimum wage can greatly benefit from a 25,000 term life insurance coverage. The best term insurance policy is one that offers optimum coverage at affordable premiums and this varies for each buyer and each family. While such low coverage may not make sense to you, it might be the saving grace for some families.

Having said that, it is always better to get as much coverage as possible given that expenses are only set to rise in the future owing to inflation. If you save now and can stretch your finances even a little bit, you should consider getting a higher cover than just Rs. 25,000.

Note: Check out the best term insurance plan in India and choose one that suits your requirements.

FAQs

  • What is the entry age to buy 25,000 term life insurance?

    The minimum and maximum entry age can be around 18 years and 50 years, respectively. The age limit varies across insurers.
  • Is there a minimum premium limit with low coverage plans such as Rs. 25,000 term life policies?

    Yes, most low coverage plans come with a cap on the minimum premium that has to be paid to keep the policy in force. It usually ranges from Rs. 250 to Rs. 500, depending on the minimum sum assured cap. It further varies across plans and insurers.
  • What happens after the expiry of the Rs. 25,000 term cover?

    On the expiry of the cover, the policy can either be renewed or converted to a whole life policy. Alternatively, if after the end of the policy term, you find yourself with better financial prospects, you might want to consider getting higher coverage to ensure complete financial security for your dependents.
  • Do Rs. 25,000 term life insurance covers come with maturity benefits?

    No, term insurance policies are pure risk protection plans and as such does not offer any maturity benefits to the surviving policyholder.
  • How many members can be covered under group micro insurance term life policies?

    Usually, a maximum of 5 members can be covered under group micro insurance term life policies that come with low coverage. The minimum sum assured per member is mostly Rs. 1000.
  • What are the premium payment options available with Rs. 25,000 term life insurance coverage?

    Policyholders have the flexibility to choose from single, regular or limited premium payments if the policy offers such provisions. Regular and limited premium payments can be done monthly, quarterly, half-yearly, or annually.

Premium By Age

Choose Term Insurance Plan as per you need

Plans starting from @ ₹473/Month*
Term Insurance
4 Crore Term Insurance
Term Insurance
6 Crore Term Insurance
Term Insurance
7 Crore Term Insurance
Term Insurance
7.5 Crore Term Insurance
Term Insurance
8 Crore Term Insurance
Term Insurance
9 Crore Term Insurance
Term Insurance
15 Crore Term Insurance
Term Insurance
20 Crore Term Insurance
Term Insurance
25 Crore Term Insurance
Term Insurance
30 Crore Term Insurance
Term Insurance
15 Lakh Term Insurance
Term Insurance
60 Lakh Term Insurance

Term insurance Articles

  • Recent Article
  • Popular Articles
19 Jul 2024

ICICI 5 Crore Term Insurance

Securing your family's financial future requires careful

Read more
19 Jul 2024

Bajaj 1 Crore Term Insurance

Ensuring your family's financial security requires indepth and

Read more
02 Jul 2024

Term Life Insurance in Daman and Diu 2024

Daman and Diu, a union territory in western India, consists of

Read more
02 Jul 2024

Term Life Insurance in Andhra Pradesh 2024

Andhra Pradesh, a state in the southern coastal region of India

Read more
02 Jul 2024

Term Life Insurance in Sikkim 2024

Sikkim is a Northeastern Indian state bordered by Bhutan, Tibet

Read more

Term Insurance for Women in India

Term insurance for women is a type of life insurance specifically designed for fulfilling women’s needs and

Read more

2 Crore Term Insurance Plan

Individuals can choose to buy best 2 crore term insurance plan that offers a life cover (sum assured) of ₹ 2

Read more

What Is Saral Jeevan Bima

Saral Jeevan Bima (SJB) is a simple term insurance plan that offers financial protection for policyholder’s

Read more

LIC Term Insurance Premium Calculator For Cover...

Affordability is crucial when evaluating any insurance policy; the premium amount associated with the plan is the

Read more
Need Help? Request Callback
top
View Plans
Close
Download the Policybazaar app
to manage all your insurance needs.
INSTALL