Term insurance plans up to Rs.2 crore starting from just Rs.500 per month.
Term plans provide financial support to your family in case of untimely death due to any unfortunate event.
According to experts, at present everyone must have a good term insurance plan to secure their family.
Check out the list of the Top 5 Best term insurance plans in India as per your requirements in 2023.
1- HDFC Life Click 2 Protect Life Claim Settlement Ratio: 98.66% Sum Assured: 50 Lakh - Unlimited Sample Monthly Premium: 599*
2- ICICI Pru iProtect Smart Claim Settlement Ratio: 97.82% Sum Assured: 50 Lakh - Unlimited Sample Monthly Premium: 668*
3- Max Life Smart Secure Plus Plan Claim Settlement Ratio: 99.34% Sum Assured: 25 Lakh to 3.5 Crore Sample Monthly Premium: 508*
4- Tata AIA Life Insurance Sampoorna Raksha Supreme Claim Settlement Ratio: 98.53% Sum Assured: 50 lakhs to no limit Sample Monthly Premium: 570*
5- Aditya Birla Life Shield Plan Claim Settlement Ratio: 98.07% Sum Assured: 50 lakhs to Unlimited Sample Monthly Premium: 466*
The list has been prepared to keep in mind various factors like premiums, payment terms, coverage, efficient customer service, etc.