Compare India’s top term insurance plans in 2025. Get ₹1 crore coverage from just ₹399/month. Instant approval, online application & tax benefits under 80C.
🧠 Why Term Insurance is a Must in 2025
In today’s fast-paced world, financial security for your family is more important than ever. A sudden illness or accident can leave your dependents helpless—unless you’ve secured them with a term life insurance plan.
✅ ₹1 Crore coverage is no longer expensive. You can now get it for as low as ₹399/month—especially if you’re in your 20s or early 30s.
🔍 What is Term Life Insurance?
Term insurance is a pure protection plan that pays a lump sum to your family if you pass away during the policy term. Unlike endowment or ULIP plans, term plans do not have a maturity benefit—that’s why they are affordable and high coverage.
🏆 Top 5 Term Life Insurance Plans in India for 2025
Here’s a handpicked comparison of India’s best term plans with high claim settlement ratios, low premiums, and extra riders.
1️⃣ HDFC Click 2 Protect Super
- ✅ ₹1 Crore Cover from ₹410/month (age 30, non-smoker)
- 👨⚕️ Add-on: Critical illness & income replacement riders
- 📱 Online purchase, no agent needed
- 🔁 Claim settlement ratio: 99.39%
Best For: Salaried individuals wanting flexible payout options
2️⃣ LIC Tech Term 2.0
- ✅ ₹1 Crore Cover from ₹460/month
- 📦 Option for level/increasing cover
- 💯 LIC Trust + PAN India coverage
- 🔁 Claim settlement ratio: 98.52%
Best For: Conservative buyers who trust LIC’s legacy
3️⃣ Max Life Smart Secure Plus Plan
- ✅ ₹1 Crore Cover from ₹399/month
- 🛡️ Terminal illness + accident death rider
- 📞 24×7 tele-support, quick documentation
- 🔁 Claim settlement ratio: 99.51%
Best For: Young professionals & couples
4️⃣ Tata AIA Sampoorna Raksha Supreme
- ✅ ₹1 Crore Cover from ₹430/month
- ✈️ Option to receive payout as monthly income
- 🚑 Terminal illness cover included
- 🔁 Claim settlement ratio: 99.01%
Best For: People looking for income + lump sum combo
5️⃣ ICICI Pru iProtect Smart
- ✅ ₹1 Crore Cover from ₹445/month
- ⚠️ Coverage up to age 99
- 💉 COVID-19, critical illness, and disability riders
- 🔁 Claim settlement ratio: 98.6%
Best For: Self-employed or those with irregular income
📊 Premium Comparison Table (Age: 30, Non-Smoker, ₹1 Cr Cover, Term: 30 yrs)
| Company | Monthly Premium | Claim Ratio | Riders Available |
|---|---|---|---|
| Max Life | ₹399 | 99.51% | Terminal, Accident |
| HDFC Life | ₹410 | 99.39% | Critical Illness |
| Tata AIA | ₹430 | 99.01% | Income Payout, Terminal |
| ICICI Pru | ₹445 | 98.6% | CI, Disability, COVID-19 |
| LIC | ₹460 | 98.52% | Limited riders |
🧾 Tax Benefits Under Section 80C & 10(10D)
- 💸 Premiums paid are tax-deductible up to ₹1.5 lakh/year under Section 80C
- ☂️ The death benefit received by your nominee is completely tax-free under Section 10(10D)
🛒 How to Buy a Term Plan Online in 5 Steps
- Visit the insurer’s website or aggregator (e.g. Policybazaar)
- Enter your age, coverage amount, and term
- Choose your plan + add riders if needed
- Upload Aadhaar, PAN & income proof
- Pay online & get instant policy via email
❓ Frequently Asked Questions
Q: Can I get ₹1 crore cover if I’m a smoker?
Yes, but your premium will be 30–60% higher than non-smokers.
Q: Is a medical test mandatory?
For coverage above ₹50L or age >35, usually yes. But some companies waive it.
Q: Can I increase cover later?
Yes, with top-up or increasing term options in HDFC and ICICI plans.
📈 Final Thoughts
A ₹1 crore term insurance plan can secure your family’s future against uncertainties. In 2025, there are plenty of affordable, online, hassle-free options. Pick the right one based on claim settlement record, premium, and your personal needs.
💡 Pro Tip: Always disclose lifestyle habits (smoking, medical conditions) honestly to avoid claim rejection.