How Can I Purchase Life Insurance?

Purchasing life insurance is important in securing financial protection for your loved ones. The easiest way to purchase life insurance is online through the PolicyBachat website where you can request quotes from different insurance companies by providing the necessary details, such as your age, gender, income coverage amount, etc. to compare premiums and coverage options as per your requirement. This will help you find the best policy for your needs. Alternatively, you can purchase life insurance policies online through the insurance provider’s website or by visiting one of their branches.

How to Purchase Life Insurance for a Parent?

You can purchase life insurance for a parent online by following the below steps

• Visit the official website of PolicyBachat. Click on the Life tab.
• Fill in personal information such as name, gender, date of birth, yearly income, tobacco consumer or not, etc.
• The premium calculator will recommend plans with different premium rates for you with the details you have provided.
• Once you have decided what plan is right for you, you can proceed to purchase it online without any delay.

Who Should Purchase Life Insurance?

Life insurance is a contract between the policyholder and the insurer. The insurer agrees to pay a certain amount of money to the policyholder should the policyholder die during a certain period.

We recommend that you purchase life insurance if you have dependents that depend on your income for their financial needs, such as children or elderly parents.

How Much Premium for 20 Crore Term Insurance Policy?

Term insurance plans are affordable and provide high coverage at a low cost. 20 Crore term Insurance is a term life insurance policy that offers a sum assured of Rs. 20 Crore. In case of an unexpected death of the life assured during the policy term, a death benefit will be provided to the nominee mentioned under the term insurance policy. For a 30-year-old non-smoker, the annual premium for a 20 crore term insurance policy might range from approximately Rs. 1,20,000* to Rs. 1,50,000*.

How Much Premium for 15 Crore Term Insurance Policy?

Term insurance plans are affordable and provide high coverage at a low cost. 15 Crore term Insurance is a term life insurance policy that offers a sum assured of Rs. 15 Crore. In case of an unexpected death of the life assured during the policy term, a death benefit will be provided to the nominee mentioned under the term insurance policy. For a 30-year-old non-smoker, the annual premium for a 15 crore term insurance policy might range from approximately Rs. 1,00,000* to Rs. 1,15,000*.

How Much Premium for 10 Crore Term Insurance Policy?

Term insurance plans are affordable and provide high coverage at a low cost. 10 Crore term Insurance is a term life insurance policy that offers a sum assured of Rs. 10 Crore. In case of an unexpected death of the life assured during the policy term, a death benefit will be provided to the nominee mentioned under the term insurance policy. For a 30-year-old non-smoker, the annual premium for a 10 crore term insurance policy might range from approximately Rs. 75,000* to Rs. 85,000*.

How Much Premium for 7 Crore Term Insurance Policy?

Term insurance plans are affordable and provide high coverage at a low cost. 7 Crore term Insurance is a term life insurance policy that offers a sum assured of Rs. 7 Crore. In case of an unexpected death of the life assured during the policy term, a death benefit will be provided to the nominee mentioned under the term insurance policy. For a 30-year-old non-smoker, the annual premium for a 7 crore term insurance policy might range from approximately Rs. 40,000* to Rs. 60,000*.

How Much Premium for 5 Crore Term Insurance Policy?

Term insurance plans are affordable and provide high coverage at a low cost. 5 Crore term Insurance is a term life insurance policy that offers a sum assured of Rs. 5 Crore. In case of an unexpected death of the life assured during the policy term, a death benefit will be provided to the nominee mentioned under the term insurance policy. For a 30-year-old non-smoker, the annual premium for a 5 crore term insurance policy might range from approximately Rs. 25,000* to Rs. 35,000*.