The cheapest way to make sure your family never struggles

Why term insurance first

Insurance and investment do very different jobs. Mixing them gives you inadequate cover and poor returns.

• ₹1 crore cover often costs less than a daily cup of coffee at a young age
• Premium stays level for the entire policy term
• Claim proceeds are generally tax-free under prevailing tax law
• Riders available for critical illness, accidental death and disability

How much cover do you need?

A practical rule is 15–20 times your annual income, plus all outstanding loans, minus existing cover and liquid assets. For a precise number, use our Human Life Value based term cover calculator.

Key features to check

Claim settlement ratio and solvency of the insurer, cover till at least age 60–65, complete and honest disclosure in the proposal form, and a term that runs until your dependents are financially independent.