Term Life Insurance Plans — Compare 7+ Plans

HDFC Life

HDFC Life Click 2 Protect Life

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• ✓Three plan options: Life Protect, Life & CI Rebalance, Income Plus
• ✓Life Protect option: lump-sum death benefit
• ✓Life & CI Rebalance: 80/20 Life:CI split that rebalances annually with future premiums waived on CI diagnosis

Covers: Self

ICICI Prudential Life

ICICI Pru iProtect Smart

Featured

• ✓Four plan variants: Life, Life Plus, Life & Health, All-in-One
• ✓Built-in Terminal Illness benefit (accelerated payout of full sum assured)
• ✓Built-in Waiver of Premium on permanent disability (180+ consecutive days)

Covers: Self

LIC of India

LIC e-Term Plan

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• ✓LIC’s flagship pure-term plan
• ✓CSR 98.35% — highest among public-sector life insurers
• ✓Online buying, no agent commission

Covers: Self

Axis Max Life

Max Life Smart Secure Plus

Featured

• ✓CSR 99.51% — highest in India
• ✓Special exit benefit at age 65
• ✓Cover up to 85 years

Covers: Self, Spouse (joint variant)

Bajaj Life Insurance

Bajaj Allianz Life eTouch

• ✓Three plan variants: Life Shield, Life Shield Plus, Life Shield ROP
• ✓Premium payment options: Regular, Limited, or Pay till age 60
• ✓Death benefit payout as lump sum, part lump sum + monthly income, or monthly income

Covers: Self

HDFC Life

HDFC Life Click 2 Protect Super

• ✓Three plan options: Life, Life Plus, Life Goal
• ✓Life: pure death benefit with built-in terminal illness benefit
• ✓Life Plus: adds Accidental Death Benefit on top of base cover

Covers: Self

SBI Life

SBI Life eShield Next

• ✓Three plan options: Level Cover, Increasing Cover, Level Cover with Future Proofing
• ✓Level Cover — sum assured remains constant throughout policy term
• ✓Increasing Cover — sum assured grows by 10% (simple) of basic SA every 5 years, capped at 100% increase; growth stops at age 71

Covers: Self