Prices Increasing soon Prices Increasing Soon

Term Insurance For Housewife

Term insurance for housewife is a type of life insurance plan that provides a guaranteed payout to the family of the housewife in the unfortunate event of the housewife’s death. This guaranteed money is offered against the premium amount paid by the policyholder. 

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~
6.7 Crore
Registered Consumers
Insurance Partners
3.4 Crore
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:-

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

Best Term Insurance Plans for Housewives

Term insurance plan for housewives Entry Age Maturity Age Sum Assured
HDFC Click 2 Protect Super 18 to 65 years 85 years 50 Lakhs - 1 Crore
Max Life Smart Secure Plus 18 to 50 years 25 Lakhs - 1 Crore 50 Lakhs - 1 Crore
Tata AIA Sampoorna Raksha Supreme 18 to 55 years 65 years 50 Lakhs
Bajaj Allianz eTouch 18 to 45 years 85 years 50 Lakhs
ICICI iProtect Smart 18 to 65 years 85 years 50 Lakhs
PNB Saral Jeevan Bima 18 to 65 years 70 years 10 Lakhs - 25 Lakhs
IndiaFirst Life Plan 18 to 45 years 70 years 25 Lakhs
HDFC Sampoorna Nivesh 18 to 50 years 85 years 10 Lakhs - 25 Lakhs

* The above table represents the plans available for a 25 year old, non-smoker housewife with the husband’s annual income between 10-15 Lakhs, covering her till 60 years of age.

one crore term plan

Term Plans


Life Cover

@ Starting from ₹ 16/day+


Life Cover

@ Starting from ₹ 8/day+


Life Cover

@ Starting from ₹ 12/day+

Why Should Housewives Buy Term Insurance?

Term insurance plan is definitely the need of the hour for housewives. At the time of the unfortunate demise of your homemaker, the family suffers all kinds of trauma, be it mental, physical, or financial. A term insurance plan for a housewife can support your children’s education costs, health expenses, loans, liabilities, etc., in case of any unfortunate event. Here are some of the reasons for buying term insurance for housewives:

  • It supports your financial planning by offering the beneficiary/nominee a guaranteed amount to deal with important expenses

  • It is ideal in terms of providing a corpus for family members

one crore term plan

Secure Your Family Future Today


Term Plan Starting @ ₹449/month+

Get an online discount of upto 10%+

Compare 40+ plans from 15 Insurers

+Standard T&C Applied

Top Term Insurance Plan Benefits for Housewives

Here are some of the features and benefits of the term insurance plan for housewives:

  1. Financial Security

    Even though a housewife does not contribute financially to the household, still, her value is indispensable among the family members. Buying term insurance for housewives can ensure financial security by offering a payout that can help your family members in an emergency. So, in case of an unfortunate demise of the housewife, this benefit amount can help your loved ones in facing financial problems and paying for basic future expenses.

  2. Affordable Premiums

    Term insurance plans are affordable and lighter on the pocket. Term plans offer a high life cover at low premium rates. And, the earlier you buy a term insurance policy, the lower would be is premium rate as premiums tend to increase with age.

  3. High Life Cover

    You can purchase a high sum assured amounts at very low premium rates. This is mainly because a term plan is a pure protection policy with no component of investment. The whole premium amount is invested towards the life cover that is paid to the nominee upon demise during the policy tenure.

  4. Increasing Additional Term Cover for the Family

    The term insurance plan for housewives has increasing additional term cover benefits. This feature gives policyholders the option to increase the policy coverage during the policy term considering the husband has also opted for a term plan. The term insurance plan for housewives offers benefits for the well-being of their children, enabling them to guarantee their child’s bright future without any financial stress. For example, If a husband has a term cover of 1 crore and then the wife buys a life cover of 50 Lakhs. Then, the total sum of 1.5 crores will help in securing your children’s future

  5. Tax Saving Benefits

    Term insurance for housewife offers tax-saving benefits under sections 80C, 80D, and 10(10D) of the IT Act 1961.

How to Buy a Term Insurance Plan for Housewives from Policybazaar?

Here is a step-to-step guide on how to buy a term insurance plan from Policybazaar:

  • Step 1: Visit Policybazaar and select Term Insurance for 'Housewife'

  • Step 2: Fill in all the required details like name, contact number, and date of birth. Then, click on ‘View Plans’.

  • Step 3: Answer the basic questions about occupation type, annual income, educational qualification, and smoking habits.

  • Step 4: After submitting all this information, a list of all available term insurance plans for housewives will be displayed

  • Step 5: Select the plan that is best for you and then proceed to pay.

*Note: You can always use the term insurance calculator in order to calculate your insurance premium amount of your chosen term plan.

What Should You Check Before Buying a Term Plan for a Housewife?

Here are some of the things you should look into before buying a term insurance plan for housewives:

  • Always check if the sum assured amount is sufficient to secure your family members in case of an unfortunate incident. As per the general thumb rule, you can consider the cover amount to be 3-5 times the annual salary of the husband.

  • Consider the child's education plans, loans, and liabilities, family expenses to decide the amount of a term plan

  • Choose a reliable insurer that has a high claim settlement ratio (CSR) and guarantees a quick claim settlement process, so that your dependents do not suffer.

  • A working wife can easily buy term insurance for women using her income proof and other documents requested by the insurer.


  • Can Housewives buy term insurance?

    Ans: Yes, a housewife can buy term insurance plan to secure her family’s future in her absence. But, it is important to understand in detail what is term insurance before buying it.
  • How does term insurance benefit housewives?

    Ans: Term insurance ensures that housewives' families receive a lump sum amount in case of the housewife's demise, providing financial stability for future expenses.
  • Are premiums for term insurance affordable for housewives?

    Ans: Term insurance premiums can vary based on factors such as age, coverage amount, and policy duration. However, many insurance providers offer affordable options suitable for housewives.
  • How can housewives buy term insurance?

    Ans: Housewives can explore various insurance providers and consult with Policybazaar to compare options, understand the terms, and buy term insurance that suits their requirements. In case they do not have a source of income, they can use the income proof of their spouse.
  • What is the maximum sum assured allowed in case of a Housewife?

    Ans: The maximum sum assured allowed in case of a housewife is Rs. 1 Crore. However, it is better to go through the different plan’s policy details to see the maximum limit of sum assured offered under each plan.
  • Can I take term insurance without job?

    Ans: Yes, you can buy term insurance without income proof. There are some insurers that allow you to buy plans in case of no job. You can check out more on Policybazaar.
Policybazaar is
Certified platinum Partner for
Claim Settled
term plan for housewife

Term insurance articles

Recent Articles
Popular Articles
HDFC Life vs Kotak Life Insurance
Read more
HDFC Life vs ICICI Prudential
Read more
Bharti AXA vs PNB Met Life
Read more
Benefits Of Income Replacement Insurance

01 Dec 2023

Income Replacement Insurance provides financial support for your
Read more
What Is Income Replacement Insurance?

01 Dec 2023

Income Replacement Insurance offers financial assistance to your
Read more
Best Term Insurance Companies in India 2023
Buying term insurance is a great way to protect your loved ones financially in the unfortunate event of your
Read more
What Are The Medical Tests Done For Term Insurance
Term insurance offers a sum assured to the beneficiary of the policyholder upon their death that can help them
Read more
LIC Term Insurance 1 Crore
LIC of India offers various plans to help you secure the financial future of your loved ones. In order to make
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
What Kind Of Deaths Are Not Covered In A Term Insurance Plan
A term insurance plan is the best way to ensure the financial well-being of your family members in case of any
Read more

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