Know Your Life Insurance Quote Now

Do you believe timely and strategic investments can safeguard your family from unexpected disasters? If that is true, you cannot deny the importance of life insurance to keep your family safe against financial contingencies. A good life insurance policy not only keeps your dependents safe from the financial crisis but also stand firm as a support system for your family after your untimely demise.

What is Life Insurance?

Life insurance is a legal contract between a policyholder and an insurance company, which defines a commitment by the insurer to provide an assured sum of money to the beneficiary nominated by the placeholder in an unfortunate situation of the policyholder’s demise. However, just knowing what life insurance is all about, does not guarantee 100% security of your family. To ensure your family’s financial independence, you should know every detail about the features or quote of a life insurance policy.

Best Life Insurance Plans In The Market

Remember that nothing is free of cost. You get what you intend to pay for. Hence, make sure you get the right value for your money and best security for your family. Here are top five life insurance plans available in Indian market in 2018:

#1 Aegon Life iTerm Plan

If you are in between the age of 18 to 65 and planning to secure your and your family’s life,  this term plan is excellent. A buyer interested in the Aegon life iTerm plan can opt for a minimum of 5 years and a maximum of 62 years. You can plan a coverage of any amount if you choose this policy. Remember, the younger you are, the cheaper is the insurance policy for you.

#2 Aviva i-Life Plan

A fully integrated life insurance plan, Aviva i-life plan gives you an opportunity to get insured for a minimum of 10 years and maximum 35 years. This life insurance plan also gives you full age window to be eligible for the policy. In short, whether you are 18 or 55, you can always go with Aviva i-life insurance plan.

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#3 Bajaj Allianz iSecure

With the reliability of the brand name “Bajaj,” the Bajaj Allianz life insurance plan is one of the most flexible programs available in the market today. If you are below 60 years, this plan assures you of complete financial safety for your family. The minimum tenure to purchase Bajaj Allianz iSecure is 10 years and maximum it is 30 years.

#4 Bharti AXA eProtect Term Plan

To keep your loved ones protected and safe, Bharti AXA gives you a hassle-free and simple online term insurance plan, also known as Bharti AXA eProtect Term Plan. Whether you are 18 or 65, you can get yourself insured in one click with this insurance plan. With affordable premium rates, it gives you the flexibility to choose your insurance tenure between 10 years to 30 years.

#5 ICICI Pru iProtect

Being one of the top-selling life insurance policy online, ICICI Pru iProtect offers claim on more than 30 critical illnesses. Other than being the perfect fit for your tight budget, this life insurance plan gives you four payout options and a prolonged cover.  Anybody between the age span of 18 to 65 years can enjoy the benefits of ICICI Pru iProtect.

Some other reliable life insurance plans available in the market are HDFC Click2Protect plans, Kotak life preferred e-term, LIC e-term plan, TATA sampoorn rakshak, and SBI eShield plan.

Secure Your Life

Whether we agree or not, life insurance is one of the most fundamental necessities of living a peaceful life in today’s world. Not only is it the best way to safeguard your family, but it also keeps your worry free from the uninvited diversities of the future. Other than that, life insurance is an excellent resource for earning a return on investment, tax saving and life stage-specific planning. Also, in case you have a requirement of personal loan, these policies can give you the opportunity to get a loan against them.

Hence, make sure your life insurance works as an asset and investment for you throughout the lifetime, so as to get the best benefits at an affordable premium payment.