Start Saving Money on Insurance Policy

Compare Life, Health, Car and Two wheeler Insurance rates from top Insurance companies for free.

1,000+ Reviews
Been Here Before?
Get Back to My Quotes

Term Life Insurance Price List in India

Everything has changed since the Covid-19 pandemic. It impacted every individual who has low income that survives their family as single handed. Not only less fortunate people had, but it also impacted numerous lives around the world regarding financial needs and priorities. However, as the pandemic gave way to a new normal, everyone realized the importance of Protection. The cost of Term Life insurance varies depending on the type of policy that you choose to buy.

Term Life Insurance Online

Many individuals have also understood how essential it is to have financial support to deal with any unfortunate incident. So, if there is anything that is needed badly in this situation, it is none other than the term insurance product. Out of the various insurance plans available, the term insurance plan was one of the most optimal insurance plans for comprehensive coverage.

What is Term Life Insurance?

Term life insurance is a type of life insurance in which the insurance company pays the claim to the nominee of the insured in case of the death of the insured. The term life insurance coverage is provided for a particular period which is known as the “term”. The period in term life insurance can be anywhere between 5 years to 60 years depending on the type of term insurance policy.

If the policyholder expires during this period, the nominee of the policy will receive the death benefit. No benefit will be paid to the policyholder if he/she survives the policy term. Term insurance policy helps to reduce the risk of financial problems which would be faced by the families in case of the sudden death of the policyholder. Term insurance has become the most famous life insurance policy in recent years due to the coverage offered under the term insurance and the premium associated with it.

Case Scenario:

There were two friends named Surya and Mahesh are business partners. Surya has decided to take a term insurance policy for himself as he is the single wage earner in the family while Mahesh is the sole bread producer of the family who doesn’t believe in the concept of insurance investments. So Mahesh’s amount invested in purchasing a house or land to save his future.

Both of them have a considerable number of properties. Which are considered Noncash Assets? It is important to note here that there are certain expenses which are incurred every month by both of them.

One bad day Surya and Mahesh met with a disaster and died with injuries. Surya’s family contacted the insurance company for the death proceedings and was able to get the claim amount within a month while the family of Mahesh was left to safeguard for themselves as there was no income after the demise of Mahesh.

Table of Contents

Why Need Term Life Insurance?

Term life insurance is a type of life insurance that offers coverage for a fixed period. It pays out if you die during the term, but it doesn’t accumulate funds to cover any expenses after the term expires.

There are many reasons why people need term insurance. For example, if you have dependents that rely on your income or if you want to provide for your family in case something happens to you. Term life insurance can also help pay off debts, cover medical expenses, and more.

  • High Coverages
  • No Medical Checkups
  • Coverage Up to 99 Years
  • Financial Coverage to family
  • Easy Claim Settlement
  • Tax Benefits
  • Covid-19 Coverage.

Types of Term Life Insurance

The coverages under the best term life insurance policies can be enlarged by selecting for the Return of Premium, Level term plan, Add-ons or Riders such as Critical Illness, Waiver of premium, Accidental Disability rider. Extra coverage contains with extra premium to be paid by the customer under the term life insurance policy.

  • Return of Premium Term Insurance:  Best term life insurance with return of premium plan covers death benefit and survival benefit both in a term insurance policy. The premium paid by the policyholder for live coverage and the remaining amount for the investment to repay the premium amount at the end of the policy period. In the policy period, the demise of the policyholder happens the sum assured amount is given to the nominee.
  • Increasing Term Insurance Plan: The increasing term life insurance is one of the term insurance policies that sum assured increases with the completion of each year. The sum assured value of the second year is greater than the first year; the premium of the policy is constant throughout the policy period. The higher the percentage, the higher would be the premium to be paid under the increasing term insurance policy.
  • Decreasing Term Insurance Plan: This plan works as the sum assured under the policy would be decreasing with each passing year. The percentage under this policy decreased every year until the policy payout or the end of the coverage period. This policy premium remains constant throughout the policy term.
  • Level Term Insurance Plan: This policies sum assured remains constant throughout the policy period and the death of the policyholder happens the premium amount paid to the nominee. Level term life insurance doesn’t have the choice of increasing the sum assured as and when required, it is requested to people opt for less than 10 years. For term plans with more than 10 years, the policy term the level term insurance plan has higher term life insurance rates and the sum assured under the plan would remain constant.
  • Critical Illness Term Plan: If any disease or illness reduces the chances of living and the treatment for which is lengthy. Most of the term life insurance policies cover a certain number of illnesses under the Critical illness add-on on payment of extra premium.
  • Waiver of Premium Plan: In case of accidental disability or diagnosis with critical illness the future premium payable under the term life insurance policy would be waived off by the insurance company under the Waiver of Premium rider.
  • Accidental Disability Plan: It covers the claim in case of death or disability of the policyholder. In case of death of the policyholder due to an accident, the base sum assured of Rs.1 crore term life insurance and the Rider sum assured of Rs.50 Lacs would be paid to the nominee of the policyholder.

Who Should Buy Term Life Insurance?

Term insurance can be purchased by any age group of people between 18 years to 99 years. But it is advisable to get it at 30 to 40 years for risk coverages. If you buy a term plan at an older age will have higher premiums due to high-risk coverages. A term insurance plan will help the family to meet their day-to-day expenses the long-term financial goals. The below list determines who should buy a term life insurance policy:

  • Parents
  • Newly Married
  • Children
  • Teenagers
  • Senior Citizens
  • Family.

Benefits of Term Life Insurance

Death benefit: In case of any unexpected event to you, which results in the loss of income to the family, the insurance company provides compensation in the form of the death benefit to the family.

Peace of Mind: Death is unavoidable. In the case of your absence, your family may face financial difficulties so the least you can do for your family is to secure their financial future with a term life insurance policy.

Save Time & Money: The term insurance calculator can help save your precious time by comparing the quotes online within 5 minutes. It is not required to submit any documents to get premiums. After the selection of the best term life insurance policy in India, you can pay online without any interaction with agents.

Low Budget: Term insurance plans are known for providing high insurance coverage at cheap term life insurance online premiums. They help you secure the future of your family with amounts as high as Rs. 10 Crore or more against nominal premium amounts. Life insurance Term plans affordability, makes them a preferred choice.

Single Platform: The term insurance calculator tool provides to choose the best term plan offered by companies on a single platform easily without switching to different sites.

Better Perspective: If an individual wants to buy a term insurance plan needs to know what coverage and budget he/she fulfill their financial burdens.

Financial Protection: The main purpose of term insurance is financial protection. If the sudden demise of the insured can put the family in peril. With no regular income, the family may soon face a financial crisis. Having a term insurance policy helps your family come out from any financial crisis after your sudden demise.

Easy Purchase: There are many term life insurance policies available in India. You can compare the premiums by using the term insurance premium calculator at PolicyBachat to purchase term life insurance online.

Key Features of Term Life Insurance

Term life insurance policy offers financial security to the family of the life assured. This policy provides life cover to the life assured and helps the policyholder financial protection to the family of the life assured. Here are some key features of a term insurance policy that one must know about:

  • Death Benefit: The sum assured known as the death benefit is provided to the family of the policyholder in case of unfortunate death of the life assured during the policy tenure.
  • Premium Payment Options: Under term insurance policies three different premium options are available which are Regular, Limited, and Single Pay.
  • Premium Payment Frequency: You can choose to pay a premium on a yearly, half-yearly, quarterly, or monthly basis.
  • Maturity Benefit: Term insurance with return of premium policy a maturity benefit is provided to the life assured in case he/she survives the entire policy tenure.
  • Death Benefit Payout Options: Some death benefit options available under the term insurance policy are lump sum, lump sum plus regular payouts, regular payouts, and lump sum plus increasing monthly payout.
  • Sum Assured: Minimum sum assured starts from Rs. 50,000 and maximum sum assured - no limit.
  • Tax Benefit: Term insurance offers tax dual benefits under prevailing laws as per Income Tax Act, 1961. You can avail of a deduction of up to Rs.1.5 lakh under Section 80C of the Income Tax Act. The maturity insurance plans may be completely tax-free. This term life insurance tax benefit is under Section 10(10D) of the Income Tax Act.
  • Riders: Riders may include coverage against personal accident, critical illness, loss of income due to a disability, etc. Can be added to all types of term insurance policies.

Best Term Life Insurance Plans in India

Term life insurance is a type of life insurance that provides coverage for a fixed period. It is also the most affordable option. The best term life insurance plan in India have a few features in common: they offer a lump sum amount as the death benefit, and they cover your family’s financial needs in case you die.

Term insurance plans are usually cheaper than other types of life insurance because they provide coverage for a fixed period, which can range from 10 to 30 years or more. In addition, if you don't need coverage for the entire length of the term, it can be renewed at any point during that time frame.

Term Life Insurance Plans Entry Age Maturity Age Sum Insured Policy Term & Premium Payment Frequency
Aditya Birla Sun Life Insurance Life Shield Plan 18 years to 65 years 85 years Rs. 25 lakh to No Limit
  • 10, 15, and 20 years.
  • Monthly, quarterly, half-yearly, and yearly.
View Plan
Bajaj Allianz Life Smart Protect Goal 18 years to 65 years 85 years Rs. 50 lakh to No Limit
  • 5, 6, and 10 years.
  • Monthly, quarterly, half-yearly, and yearly.
View Plan
Canara HSBC OBC iSelect Star Term Plan 18 years to 65 years 80 years Rs. 25 lakh to No Limit
  • 5 to 40 years.
  • Monthly, quarterly, half-yearly, and yearly.
View Plan
HDFC Life Click 2 Protect Life 18 years to 65 years 85 years Rs. 25 lakh to No Limit
  • 10 to 40 years.
  • Monthly, quarterly, half-yearly, and yearly.
View Plan
ICICI Prudential iProtect Smart Term Plan 18 years to 65 years 85 years Rs. 50 lakh to No Limit
  • 40 and 45 years.
  • Monthly, quarterly, half-yearly, and yearly.
View Plan
Max Life Smart Secure Plus Plan 18 years to 65 years 99 years Rs. 25 lakh to No Limit
  • 5 to 67 years.
  • Monthly, quarterly, half-yearly, and yearly.
View Plan
PNB MetLife Mera Term Plan Plus 18 years to 65 years 75 years Rs. 25 lakh to No Limit
  • 10 years
  • Monthly, quarterly, half-yearly, and yearly.
View Plan
TATA AIA Sampoorna Raksha Supreme 18 years to 65 years 65 to 99 years Rs. 1 lakh to No Limit
  • 10, 15 years
  • Monthly, quarterly, half-yearly, and yearly.
View Plan

How Does Term Life Insurance Work?

The term life insurance meaning is to provide financial security to the family in case the policyholder meets with any unfortunate event during the policy period in return for a nominal premium. Some term insurance policies provide maturity benefit upon the life assured’s survival till the completion of the entire policy term.

Since the pure life insurance term policy doesn’t provide any returns to the policyholder the premiums associated with it are quite low as the mortality rate is manageable. There is a mindset block among Indians that the money paid for a term insurance policy will not be returned if the policyholder survives the policy term and therefore the money paid is simply paid to the insurance company. But the common man here needs to understand that the money is paid for life coverage and the same is provided by the insurance company.

This perspective among the people has led to the introduction of Money-back best term insurance policies in India by the top term life insurance companies in India. The money-back best term life policies utilize a component of the premium for life coverage and the remaining component is utilized for investing the amount so that if the policyholder survives at the end of the policy period, the entire premiums paid by the policyholder will be returned to the policyholder and in case if the policyholder expires during the policy period, the sum assured mentioned in the policy agreement will be paid to the nominee.

Why Buy Term Life Insurance from PolicyBachat?

  • Easy Comparisons
  • Fast Policy Issuance
  • Hassle-Free Claim Process
  • Customer Service Assistance
  • Customer Information Security.

Additional Coverages of Term Life Insurance:

  • Accidental Death Benefit Rider: The accidental death benefit rider provides additional coverage to the policyholder in case of the death of the policyholder due to accidental means.
  • Accidental Total and Permanent Disability Rider: In case of accidental total and permanent disability to the policyholder, a sum assured would be provided to the policyholder by the insurance company.
  • Critical Illness Rider:  Critical illness rider is the most preferred rider because critical illness rider provides claims in the vent of policyholder contracting a critical illness such as Cancer, Heart diseases, tumors, organ failure, etc.
  • Waiver of Premium Rider: Waiver of premium is a rider in a life insurance policy that waives off the premium payments by the insured if the policyholder suffers from critical illness, accidental disability, or serious injuries.
  • Terminal illness rider: In Term rider, if the insured person dies due to an accident or illness the nominee of policyholder will receive a monthly income or a lump sum. The amount of rider benefit can be equivalent to the base plan coverage of the life insurance or it can be a pre-decided amount already mentioned in the policy.
  • Income Benefit Rider: In Income benefit rider, a regular source of income to the family in case of the demise or disability of the policyholder. This rider will help the life assured to ensure that insured family members maintain a healthy lifestyle even if he/she is not around.

How to Choose Right Term Life Insurance Policy?

The best term life insurance quotes online should be well balanced in all aspects such as the Premium, Coverage, Add-ons, or Riders and Claim settlement ratio. The best term plan policy quote can be obtained from the online portal which provides the term insurance quotes from the best term life insurance companies in India. Let us understand every aspect which should be considered while taking the best term life insurance in India:

  • Premium: The premium for term insurance is quite less when compared to the other forms of life insurance policies as in term insurance there is no savings component involved.
  • Coverage and Riders: The coverage offered under the term insurance policy would be the death benefit in case the policyholder expires during the policy period. But few of the insurance companies offer extra coverage in the form of add-ons or riders without charging any extra premium from the customer such as Waiver of premium rider which means that in case of disability of the policyholder or diagnosis with critical illness, the future premiums under the term insurance policy are waived off by the insurance company. The best term plus life insurance quote is the one that offers extra coverage without charging any extra premium.
  • Claim Settlement Ratio: One more important thing to check before purchasing the term insurance plan is the claim settlement ratio of the insurance company. The higher the claim settlement ratio, the higher would be the chances of your claim getting settled. Claim settlement ratio between 95-99% would be the safe bet while considering the other factors. The best term life insurance company in India provides an excellent claim settlement ratio and you can compare through online term life insurance comparison.
  • Tax Benefits: Section 80 C of the Income-tax allows tax exemption up to Rs.1.5Lacs per annum on your term insurance premium paid. The exemption can be availed for the premium paid on you, your spouse, and your children. Tax exemption can also be claimed for the Critical illness add-on premium paid under your life insurance policy. Under Section 10(10D) of the Income-tax Act, the premium paid for the critical illness rider can be claimed for tax exemption.

How to Buy Term Life Insurance Online?

Buy term life insurance online at PolicyBachat with a simple and quick process. For buying a Term life insurance plan, compare online term life insurance quotes. Following are the steps to buy term life insurance. 

Step1: Enter the details such as Gender, Annual income from all the sources, Alcohol consumption and tobacco consumption, Salaries or Self-employed, and Date of Birth. After this, you need to enter your contact details to facilitate a call from our agent.

Step2: Now the premium from different insurance companies will be displayed on the screen. You can edit the details such as Coverage, Term, Premium payment method, Mode of claim settlement, etc., and submit the details to get the desired premium. The premium can be changed by changing other factors such as Coverage required, mode of payment, etc.

Step3: The next step is to select the best life insurance plan and pay the premium to the insurance company before proceeding to fill out the proposal form details.

Advantages & Disadvantages of Term Life Insurance

Advantages of Term Insurance:

  • Financial protection to family
  • Income tax exemption
  • Easy to purchase online
  • Riders.

Disadvantages of Term Insurance:

  • Expensive
  • No cash value component
  • Insured cannot reap the benefits.

Term Life Insurance Premium Calculator

Term life insurance cost calculator is created for customizing the monthly or annual premiums that policyholder needs to pay regarding the policy. The term insurance premium calculator is a simple and helpful tool to calculate the sum assured premium offered by different insurers that an individual needs for securing the financial future of his/her family. With the use of this term life insurance calculator online, you can compare several term insurance policies that meet your budget needs.

The online term plan calculator is easy and hassle-free can be used for free of cost. An individual can personalize the term calculator as per their requirement. After you get the idea about how much amount you have to pay for your family’s financial security needs, you can also analyze the coverage you get in the policy.

What are the Factors included in Term Insurance Premium?

Term life insurance premiums can be calculated from the online portal where we have a team of dedicated agents to help you with your life insurance requirements. The term insurance premium is calculated based on the age of the customer; Sum assured opted, Gender, and Food habits.

  • Age: Term insurance premium is based mainly on the age of the customer. If lower the age of the policyholder, lower would be the term insurance premium. This is due to the increase in mortality rate with the increase in age of the people. It is advisable to take a term insurance policy at a very young age to reduce the premium amount payable during the policy period.
  • Gender: Term insurance premium changes with the gender of the customer as well. This is due to the loss ratio experienced by the insurance companies. The premium for Male policyholders of the same age and same sum assured would be higher than that of the Female policyholder due to the mortality rate being high in the Male population in comparison to the female population.
  • Sum Assured: Sum assured is the maximum liability of the insurance company in case of the death of the policyholder. The sum assured selected by the policyholder decides the premium under the life insurance policy. Higher the sum assured, higher would be the premium to be paid under the term insurance policy.
  • Lifestyle: The lifestyle of a person decides the life insurance premium to be paid. Lifestyle includes Smoking and drinking habits, entertainment in risky works, etc. In comparison, the life insurance premium of a smoker and drinker would be high than that of a teetotaler. This is due to the increase in the risk of death due to diseases and illness.
Eligibility Term Life Insurance
Entry Age Limit 18 to 65 years
Maturity Age Limit 65 to 99 years
Sum Assured 15 to 20 Times your Annual Income
Premium Payment Mode Single Pay, Regular Pay, and Limited Pay
Policy Term 5, 7, 10, 12, 15, 20, 27, and Pay till 60 years
Premium Payment Frequency Monthly, Half-yearly, Quarterly, and Annually.

Right Time to Buy Term Life Insurance

  • The younger the better: Life insurance in particular term insurance is to be taken at a very young age. The younger the age the lower the premium. Any person who has started earning should have some form of life cover. Life insurance should be seen as an investment instead of an expense.
  • Liabilities & Loans: One of the most important things to consider while taking a loan is to secure the life against any mishappenings which may lead to financial constraints for the family in case of your sudden demise.   If you are taking any loan be it for House Car or any other, it is of utmost importance to take insurance to protect the loan payment in case of your sudden demise.
  • Dependents: If you are the breadwinner of the family and there are dependents on you then it is important to have life insurance. In case of your sudden demise, the proceedings from the claim will help them settle financially without facing any sudden hiccups.
  • Life insurance as an Investment: Many people consider life insurance as an expense. This kind of mindset needs to be changed among the masses. Life insurance has to be considered as an investment in your own life. This investment will come in handy for protecting your family and saving them from a sudden financial crunch due to your sudden demise.

Top 10 Term Life Insurance Companies in India

Term Life Insurance Companies Claim Settlement Ratio Monthly Premium Benefits
HDFC Life Insurance 99.07% Rs. 830
  • Low Premium
  • Early Claim On Critical Illness  cover
  • Additional benefits Sum Assured on Accidental death
TATA AIA Life Insurance 99.06% Rs. 499
  • Protection from Illness
  • Disability pay-outs
  • Protection against liabilities
  • Income options in case of unfortunate events.
AEGON Life Insurance 98.01% Rs. 567
  • Claim payouts can be staggered
  • Protection against liabilities
  • Flexibility in paying premiums
  • Accidental Rider
ICICI Prudential Life Insurance 97.09% Rs. 973
  • Waiver Of Premium On Accidental Disability
  • Early Claim on Terminal Illness.
Bharti AXA Life Insurance 97.35% Rs. 544
  • Protection against liabilities
  • Coverage against illness
  • Flexible premium modes.
PNB MetLife Life Insurance 96.21% Rs. 612
  • 24 hour claim settlement
  • Increasing cover option
  • 50 critical illnesses cover
  • Return of premiums.
Canara HSBC Life Insurance 95.22% Rs. 535
  • Early Claim On Terminal Illness
  • Financial Protection
  • Protection against Critical Illness
  • Tax Benefits.
MAX Life Insurance 99.35% Rs. 571
  • Tax exemption up to Rs.54,600
  • High life cover at affordable premiums
  • Coverage against 64 critical illnesses
  • Early Exit Option Free
  • Terminal Illness Benefit Free
  • 5% Discount on First Year Premium for Salaried Customers
Bajaj Allianz Life Insurance 98.02% Rs. 573
  • Critical Illness Cover
  • Disability Cover
  • Death Benefit
  • Long Term Coverage
  • Pays Off Liabilities.
Aditya Birla Sun Life Insurance 97.54% Rs. 588
  • Early Claim On Terminal Illness
  • Helps to take care of liabilities
  • Longer life cover
  • High life covers at low premiums.

Term Life Insurance Claim Process:

While filing a term insurance claim, the settlement amount provided by the insurance company is the maximum benefit that a nominee or the family can expect after the policyholder’s demise.

If you have chosen an insurance company with a superior claim settlement ratio or CSR, you can easily expect the company to provide you or your family with the benefits assured under the policy.

This, in turn, will help in ensuring that you or your loved ones won’t get affected by the uncertainty of life as well as the increasing cost of living. However, keep in mind that to ensure quick, hassle-free claim settlement, you will have to choose an insurance company with a high claim settlement ratio.

  • Claim Intimation
  • Submission of documents
  • Claim Evaluation and Settlement

Step 1: Claim Intimation: The nominee is needed to convey the insurance company for the claim either online or offline at the earliest. The claim intimation must be supported with policyholder details like policy number, policyholder’s name, reason of death, place of death, and nominee details. The claimant can either directly visit the insurance company for claim intimation or download the claim forms online from the website.

Step 2: Submission of Documents: The nominee is required to produce all the required and relevant documents to initiate the claim settlement. The insurance company will examine the documents submitted by the claimant and may even ask for additional documents if required. It is mandatory to submit the right documents; otherwise, it may lead to the rejection of a claim request. As documents play a vital role in the claim settlement process, the claimants are advised to go through the terms and conditions of life insurance policy to get the information about the required documents for the claim.

Step 3: Claim Settlement: Once the nominee has submitted the documents to the insurance company, the insurer has to settle the claim within 30 days, according to the regulation of the Insurance Regulatory and Development Authority of India (IRDAI). If the investigation of documents and other details requires more time, even then, the insurance company should complete the process within 6 months from the date of getting the intimation of the claim.

Types of Term Life Insurance Claims:-

  1. Maturity Claim
  2. Death Claim
  3. Rider Claim.

Documents Required for Term life Insurance Claims:

  • Claimant’s photo ID proof
  • Claimant’s address proof
  • Original policy documents
  • Claim forms (duly signed and attested)
  • Death certificate attested by the local authorities
  • Copy of FIR or post mortem reports or punchnama
  • Medical Records (including hospital discharge summary)
  • Copy of canceled cheque/bank statement or bank passbook.

Term Life Insurance – FAQs

How Does Term Life Insurance Payout?

If the insured person passes away during the term of the policy, the life insurance company payouts the death benefit to the insured person’s beneficiary. On the other hand, if the insured person survives the tenure of the plan, the insurance company pays out maturity benefits and bonus amounts.

How Long Do You Pay For Term Life Insurance?

Term life insurance is a plan that provides coverage for a specific period. Term life insurance policies are typically purchased for one to 30 years, but they can also be purchased up until you reach age 65 or up until you reach retirement age if you have access to retirement benefits through work.

What Should Term Life Insurance Cost?

The cost of term life insurance is calculated by the premium, which is the amount you pay for a policy each month. The cost of term life insurance will vary depending on your age, gender, health, etc.

How Long Should I Have Term Life Insurance?

A term life insurance is a temporary insurance that provides coverage for a fixed period. The length of the term will depend on various factors such as the age of the insured person, the type and amount of coverage, health condition, and others.

Can I Reduce My Term Life Insurance Policy?

It is possible to reduce your term life insurance policy, but it is not always a good idea. You can't just reduce your term life insurance policy without considering the consequences. You need to make sure that you are not reducing the coverage below what you need. The premium will be lowered, but it may be at the expense of coverage and your beneficiaries may not be able to collect enough money if you die prematurely. This is a decision that should be discussed with a representative before making any changes to your plan.

Does Term Life Insurance Cover Death from Illness?

Yes, term life insurance cover death from illness. But Term insurance plans do not cover death due to self-inflicted wounds. Term insurance provides protection against the risk of death due to illness.

What Is The Premium For Term Life Insurance?

The premium for term life insurance is the amount of money you pay for a policy every month until the policy expires. The premium for term life insurance will vary depending on the type of term you choose, your age, and your health.

What Is A 5 Year Term Life Insurance Policy?

A 5 year term life insurance policy is a type of life insurance that provides coverage. A 5 year term life insurance policy will cover you for five years, and if you die during that time, your beneficiaries will receive the payout.

What Is A 30-Year Term Life Insurance?

30 years term life insurance is a type of life insurance that pays a death benefit if the insured person dies within the next 30 years. A 30-year term life insurance has many benefits such as no health questions and no medical exam required.

Recent Posts

Reviews & Overall Rating

PolicyBachat has near-perfect ratings on Google and Facebook. Here’s what our customers are saying.

PolicyBachat Rating

Dots

Start Saving Money on Insurance Policy

Compare Life, Health, Car and Two wheeler Insurance rates from top Insurance companies for free.

1,000+ Reviews
Been Here Before?
Get Back to My Quotes

Leave a rating!

0.0 (0 votes)

Please wait while your request is being processed.