Protect your loved ones with the most insurance.

Unlike whole life or endowment plans, term insurance focuses purely on risk coverage without any investment component. It offers higher coverage at a lower premium, making it the most cost-effective form of life protection.

A practical benchmark is to select coverage 10–15 times your annual income, factoring in existing loans, dependents’ expenses, and long-term financial goals such as education and retirement.

If you survive the policy term, no payout is made under a standard term plan. However, return-of-premium variants refund the total premiums paid, excluding taxes and rider charges.

Yes. Many insurers allow coverage enhancement at key life stages such as marriage, childbirth, or a home loan. This flexibility ensures your cover stays aligned with changing financial responsibilities.

Medical tests are generally required to assess risk and determine premiums. While some insurers offer plans without medicals, full disclosure and accurate health details are essential to avoid claim rejection.

Yes. Premiums paid toward term insurance qualify for deductions under Section 80C of the Income Tax Act (up to ₹1.5 lakh per year). Additionally, the death benefit received by the nominee is exempt under Section 10(10D), subject to prevailing tax laws.

In case of a claim, the nominee must submit the death certificate, policy documents, and identification proofs. Insurers verify records, medical history, and cause of death before processing. Most valid claims are settled within 7–15 working days once all documents are received.

Common add-on riders include critical illness cover, accidental death benefit, waiver of premium, and income benefit. These optional covers enhance protection by addressing specific risks beyond basic life coverage.