1 Crore Life Insurance in just Rs 20/day

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Earlier people were afraid to buy an insurance plan. But at present, a large number of people across the world are buying term insurance to provide their family security.

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Term insurance policies are designed to provide financial assistance to the family members of the insured in case of an unfortunate event.

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In the initial days of term insurance plan, the premium rate was very high but after the new rules passed by IRDA, the rates have been reduced for cover of 1 crore or more.

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Lowest Premium Term Insurance Companies

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Company:Max Life Insurance Cover: 1Cr Plan: Online Term Plan Plus-Basic Cover Benefit: Complete the online process One-time payment Premium: Approx 20/day

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Company:HDFC Life Cover: 1Cr Plan: Click 2 Protect 3D Plus Life Option Benefit: No monthly payment One time payment Premium: Approx 23/day

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Company: ICICI Prudential Cover: 1Cr Plan: I Protect Smart Plan Benefit: Monthly income or lump sum benefit Inbuilt terminal illness cover Premium: Approx 26/day

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Company: Edelweiss Life Tokyo Cover: 1Cr Plan: Total Secure+ Benefit: Accelerated Critical Illness Cover Non-Smoker Premium: Approx 19/day

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Company:Future Generali Life Insurance Cover: 1Cr Plan: Flexi Online Term Plan Benefit: Lump sum 1Cr Life cover on death till the age of 75 years Premium: Approx 19/day

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It is very important to look at other conditions of coverage including exclusion list, benefits and claim settlement ratio while taking term insurance.

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Dolly Khanna latest portfolio: Know in which companies well known investor Dolly Khanna is investing?

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