Term insurance premium tracker
For a 30-year-old male/female, non smoker, living in a metro city, Sum assured ₹1 crore with coverage up to 70 yrs
Insurance company |
Plan name |
Max |
Max |
Annual premium (~) |
Claim |
|||
(years) |
Male |
Female |
||||||
Aditya Birla Capital |
Digishield Plan |
85 |
55 |
15,066 |
12,687 |
98.1 |
||
Aegon Life |
iTerm Comfort |
70 |
40 |
23,946 |
19,295 |
99.0 |
||
Bajaj Allianz |
eTouch |
99* |
69 |
13,467 |
11,704 |
99.0 |
||
Bharti AXA |
Flexi Term Pro |
99 |
69 |
12,037 |
10,385 |
99.1 |
||
Canara HSBC Life Insurance |
iSelect Star Term Plan |
99 |
69 |
14,905 |
12,791 |
98.6 |
||
Edelweiss Tokio |
Total Protect Plus |
100 |
70 |
11,705 |
9,437 |
98.1 |
||
HDFC Life |
C2PL Life Protect |
100 |
70 |
16,207 |
14,521 |
98.7 |
||
ICICI Prudential |
iProtect Smart |
99 |
69 |
17,190 |
15,164 |
97.9 |
||
Kotak Life Insurance |
Kotak e-Term Plan |
85 |
67 |
13,216 |
11,092 |
98.8 |
||
LIC |
Tech Term |
80 |
40 |
14,122 |
11,838 |
NA |
||
Max Life Insurance |
Smart Secure Plus |
85 |
55 |
14,469 |
12,196 |
99.3 |
||
PNB Met Life |
Mera Term Plan Plus |
80 |
50 |
13,452 |
11,328 |
98.2 |
||
SBI Life |
eShield Next |
100 |
70 |
17,495 |
14,654 |
97.1 |
||
TATA AIA Life |
Sampoorn Raksha Supreme |
100 |
70 |
14,868 |
12,626 |
98.5 |
||
Claim settlement ratio as per data provided by insurer Source: www.policybazaar.com,
LIC Max Life offers additional 5% discount for 1st year for salaried customers; *Whole life available only on limited pay option; HDFC whole is available only in limited payterm(Life Protect) & Limited+Single payterm(Income Plus); SBI eShield Next plan whole life is available only in limited pay with above age 45yrs NA: Not Available