Best Term Insurance Comparison in India - Premiums & Plan Features

Why Compare Term Insurance with us?

There are a large number of term insurance policies available for the consumer today. Selecting the one for your family is an important choice as it is by far the best and most important form of financial protection that you provide for your family.
At MyInsuranceClub, we realise the importance of this step and have designed the process whereby you can compare and select the plan with the optimum premium and features. You can compare and buy the term insurance policy online itself and ensure that all information is entered by you correctly.

Displays premiums and features of plans from a large number of insurers

Comparison should take you less than 30 seconds

Our comparison is completely un-biased

It's a FREE service!

Thank you for all the assistance your team provided. They were extremely patient and professional in their approach. Good experience.

- Alok Kumar, Jaisalmer
The comparison was indeed easy and also un-biased. We can decide easily basis the information shared and really no assistance is actually required.

- Sanjeev Saran, Rajkot
It was indeed a pleasant experience interacting with your site and your team. Thanks for helping me buy a 1 crore cover.

- Venkat K V, Cochin
I never thought taking a 2 crore cover could be so simple. Great comparison and useful tips. Thanks team for the assistanc provided.

- Sunanda Parekh, Ranchi

What is Term Insurance?

Term insurance plans are pure protection plans. In this type of policy, only the risk of death is covered for the term of the plan. If the insured does not die within the term of the plan, then no payment is made to the policy holder. This is also the cheapest form of life insurance. Term insurance is the best & the most important form of insurance and one should take as high a cover as possible as early in life. Take a cover of 15 to 20 times your annual income. Keep increasing as your income increases.

Online Term Insurance Plans in India - There are a large number of online term insurance policies. Premium of such online insurance policies are 60-70% lower than the other term plans, all other benefits being the same. Online plans can save you a lot of money.

What are the benefits in a term insurance policy?

High cover at low premiums

Since this is a pure risk cover and no money is kept aside for investment component, term insurance policies provide a high amount of cover at very low premiums. A healthy 35 yr old male gets to protect his family's financial security for 50 lakhs by paying an annual amount as low as Rs. 6,000 or even lesser. Term insurance is the most important life insurance policy that one should have.

Peace of mind

Term insurance plan is probably the most important financial instrument that one should have. It is sadly often ignored as it does not have any maturity benefits. It is strongly recommended that all earning members who have dependents take adequate term insurance and not rely on the one provided by your company.