Choosing the best term insurance plan in 2025 shouldn’t feel like a guessing game.
With over 20 active insurers and hundreds of variations, knowing which plans truly offer the best protection, value, and claim experience can save you both money and stress.
We analyzed the latest IRDAI data, claim ratios, rider options, and premiums across India’s leading insurers - and here are the Top 10 Term Insurance Plans in India for 2025, curated for every kind of buyer in Hyderabad, Telangana.
Whether you’re a salaried professional, business owner, or NRI, this guide helps you compare features, benefits, and real-world affordability - so you can choose with confidence.
How We Selected The Top 10 Plans
- Based on IRDAI 2024-2025 claim settlement data.
- Comparison of premiums, benefits, and riders.
- Verified customer feedback and service speed.
- Digital ease of purchase and claim process.
Top 10 Term Insurance Plans In India (2025 Edition)
| Rank |
Insurer |
Plan Name |
Claim Ratio (CSR %) |
Unique Highlights |
Avg. Annual Premium (₹1 Cr, 30 yrs) |
| 1 |
Max Life Insurance |
Smart Secure Plus |
98.09% |
Highest CSR, CI & whole-life options |
₹9,500 |
| 2 |
HDFC Life |
Click 2 Protect Super |
98.02% |
Zero-cost exit, limited pay, income combo |
₹9,800 |
| 3 |
ICICI Prudential Life |
iProtect Smart |
97.90% |
Multi-payout modes, NRI support |
₹10,000 |
| 4 |
Tata AIA Life |
Sampoorna Raksha Supreme |
97.50% |
Lifetime cover till 100 yrs |
₹10,200 |
| 5 |
SBI Life |
eShield Next |
97.05% |
Trusted PSU brand, affordable pricing |
₹9,700 |
| 6 |
Bajaj Allianz Life |
Smart Protect Goal |
96.60% |
Whole-life & joint life options |
₹10,300 |
| 7 |
Aditya Birla Sun Life |
DigiShield Plan |
96.30% |
Custom payout flexibility |
₹9,900 |
| 8 |
PNB MetLife |
Mera Term Plan Plus |
96.20% |
Spouse & child add-on coverage |
₹10,100 |
| 9 |
Kotak Life |
e-Term Plan |
96.10% |
Easy online claim & low-cost variant |
₹9,600 |
| 10 |
Canara HSBC Life |
iSelect Smart360 |
95.85% |
Income + lump sum combo, CI rider |
₹9,900 |
(CSR data from IRDAI Annual Report 2024; premiums based on 30-year-old non-smoker profile.)
Local Insights For Hyderabad
- Avg. term plan coverage chosen: ₹2.5 Cr.
- Most popular insurer in Telangana: HDFC Life.
- % of buyers choosing top 5 plans: 62%.
- Avg. savings via PolicyBachat comparison: ₹3,200/year.
Best Term Plans By Category
For Salaried Professionals
- Max Life Smart Secure Plus
- HDFC Click 2 Protect Super
- ICICI iProtect Smart
For Married Couples (Joint Plans)
- PNB MetLife Mera Term Plan Plus
- Bajaj Allianz Smart Protect Goal
For NRIs
- ICICI Prudential iProtect Smart
- Tata AIA Sampoorna Raksha Supreme
For Home Loan & EMI Protection
- SBI Life eShield Next
- Kotak e-Term
For HNIs & Long-Term Legacy Planning
- HDFC Life Click 2 Protect Super (Whole-Life Option)
- Tata AIA Sampoorna Raksha Supreme
What Makes A Term Plan “The Best”
- High Claim Settlement Ratio (CSR > 95%)
- Flexible Payout Options (Lump Sum + Monthly)
- Comprehensive Riders (CI, ADB, WOP)
- Transparent Pricing & Zero Hidden Clauses
- Easy Online Purchase & Claim Support
PolicyBachat Advantage
- Compare 20+ IRDAI-approved insurers instantly.
- View CSR, riders, and features side-by-side.
- Free Claim Assist for nominee support.
- Verified customer ratings and expert picks.
- 100% paperless purchase with instant policy issue.
Pro Tip: How To Choose The Right One
1. Decide coverage = 15× your annual income.
2. Match policy term to your retirement age (60–65).
3. Always add Critical Illness & Accidental Death riders.
4. Check Claim Settlement Ratio (CSR) above 95%.
5. Buy online to save 10-30% premium instantly.
Faqs
Which is the best term plan in 2025?
Max Life Smart Secure Plus and HDFC Click 2 Protect Super top the list.
What’s a good claim ratio for term insurance?
Anything above 95% is considered excellent.
How much coverage should I take?
10-15× your annual income plus liabilities.
Do all plans include riders?
Yes, but benefits differ - compare before purchase.
Are online term plans reliable?
Yes - fully IRDAI-approved and cheaper than offline.
Can NRIs buy top term plans from India?
Absolutely - all major insurers support digital KYC for NRIs.
Do women get lower premiums?
Yes, 5–10% cheaper for same coverage.
Which term plan covers up to 99 years?
Tata AIA Sampoorna Raksha Supreme and HDFC Click 2 Protect Super.
Which plans have refund options?
TROP variants like Max Life Smart Secure Plus offer return of premium.
Do insurers help with claim filing?
Yes - or use PolicyBachat Claim Assist for full support.
Customer Reviews
- “Compared 10 plans - bought the best one in 5 minutes.” - Ravi Menon, Kochi
- “Max Life and HDFC were top choices - love the clarity.” - Sneha Deshmukh, Delhi
- “Transparent, unbiased comparison - thank you PolicyBachat.” - Karan Iyer, Mumbai
- “This guide made my decision super easy.” - Anita Rao, Hyderabad
- “Got ₹1 Cr cover for ₹820/month!” - Vikram Reddy, Bengaluru
- “Loved how riders and claim ratios were clearly shown.” - Aditi Shah, Pune
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