Insurance categories · Life Insurance
Term Insurance Plans
Pure protection plans with high sum assured at affordable premiums.
Policy Adda facilitates insurance products from authorised insurers. Coverage, benefits, exclusions, terms, conditions and premiums vary by insurer and plan. Please read the policy wording carefully before purchasing.
Provider lines shown above are informational. No official partnership with these insurers is claimed unless separately confirmed.
About this policy concept
Term insurance is the simplest and most affordable form of life insurance. It provides a high sum assured to your family in case of your unfortunate demise during the policy term.
Key benefits
- High sum assured at low premium
- Pure protection
- Tax benefits under 80C and 10(10D)
- Riders for accidental death, critical illness
Eligibility
- Individuals aged 18 to 65 years
Coverage
- Death benefit during policy term
- Accidental death benefit (rider)
- Terminal illness benefit
- Premium waiver (rider)
Important exclusions
- Suicide within first year
- Claims from misrepresentation
Required documents
- Identity proof (Aadhaar/PAN)
- Previous policy copy
Disclaimer: Final policy benefits, premiums, coverage, eligibility, and exclusions depend on the applicable insurer and policy documentation. This is an informational summary - not a policy document. Please contact Policy Adda for assistance before purchasing.