Best Term Insurance Plans in India

Life is unpredictable—but your family’s financial security doesn’t have to be. In 2025, term insurance remains one of the smartest and most affordable ways to provide financial protection for your loved ones in case of untimely demise.

With dozens of insurers and plans in the market, choosing the best term insurance can be overwhelming. This blog simplifies the decision for you by listing the top-performing, high-value term plans in India, along with what makes each one unique.

🧾 What Is Term Insurance?

Term insurance is a life insurance policy that provides a high life cover (sum assured) at a low premium for a specific period (term). If the policyholder passes away during the policy term, the nominee receives the full sum assured.

✅ Pure protection
✅ No maturity benefit (unless return-of-premium is opted)
✅ Affordable for all income levels

🏆 Top Term Insurance Plans in India – 2025

Here are the most trusted and feature-rich term plans in India this year:

1. LIC Tech Term 2.0 (Online Plan)

  • Insurer: Life Insurance Corporation of India
  • Claim Settlement Ratio (CSR): 98.62%
  • Minimum Sum Assured: ₹50 Lakhs
  • Why Choose:
    ✅ Strong brand trust
    ✅ Multiple payout options
    ✅ Available online with minimal paperwork

2. HDFC Life Click 2 Protect Super

  • Insurer: HDFC Life
  • CSR: 99.39%
  • Unique Features:
    ✅ Option to increase cover at key milestones (marriage, child, loan)
    ✅ Add-on critical illness & waiver of premium
    ✅ Long term coverage up to age 85

3. ICICI Pru iProtect Smart

  • Insurer: ICICI Prudential Life
  • CSR: 98.6%
  • Key Benefits:
    ✅ Coverage up to 99 years
    ✅ Terminal illness rider included
    ✅ Optional accidental death and disability benefits

4. Max Life Smart Secure Plus

  • Insurer: Max Life Insurance
  • CSR: 99.51%
  • Notable Features:
    ✅ Return of premium option available
    ✅ Option to increase life cover over time
    ✅ Zero-cost term plan option (refund if no claim made)

5. Tata AIA Sampoorna Raksha Supreme

  • Insurer: Tata AIA Life Insurance
  • CSR: 99.01%
  • Highlights:
    ✅ Whole life cover up to age 100
    ✅ Income payout option available
    ✅ Includes free terminal illness benefit

6. Bajaj Allianz Smart Protect Goal

  • Insurer: Bajaj Allianz Life
  • CSR: 99.01%
  • Key Benefits:
    ✅ Critical illness + accidental death rider combo
    ✅ Coverage up to age 99
    ✅ High flexibility in premium payment terms

7. Aditya Birla Sun Life DigiShield Plan

  • Insurer: ABSLI
  • CSR: 98.07%
  • Best For:
    ✅ Income replacement option
    ✅ Monthly payout + lump sum combination
    ✅ Option to reduce cover in later years

8. PNB MetLife Mera Term Plan Plus

  • Insurer: PNB MetLife
  • CSR: 99.06%
  • Standout Points:
    ✅ Coverage up to age 99
    ✅ Spouse cover under the same policy
    ✅ Enhanced sum assured on accidental death

9. Kotak e-Term Plan

  • Insurer: Kotak Life
  • CSR: 98.82%
  • Why Pick It:
    ✅ Highly affordable premiums
    ✅ Step-up cover option
    ✅ Wide rider selection

📊 Quick Comparison Table

Plan NameMax Coverage AgeCSR (2024-25)Riders AvailableReturn of Premium Option
LIC Tech Term 2.08098.62%YesNo
HDFC Click 2 Protect Super8599.39%Yes (CI, ADB, WP)Yes
ICICI Pru iProtect Smart9998.6%YesNo
Max Life Smart Secure Plus8599.51%YesYes
Tata AIA Sampoorna Raksha Sup.10099.01%YesYes
Bajaj Smart Protect Goal9999.01%YesYes
ABSLI DigiShield10098.07%YesYes
PNB MetLife Mera Term Plus9999.06%YesYes
Kotak e-Term7598.82%YesNo

✅ How to Choose the Right Term Plan?

When selecting a term insurance plan in 2025, consider the following:

  1. Coverage Amount: Aim for 15–20× your annual income
  2. Policy Term: Should cover you till at least age 60–65
  3. Premium Affordability: Go for a long-term premium paying plan
  4. Claim Settlement Ratio: Always choose insurers with 97%+ CSR
  5. Add-on Riders: Like critical illness, accidental death, waiver of premium
  6. Payout Options: Choose from lump sum, staggered, or monthly income
  7. Zero-Cost Return Options: Some plans return your premium if no claim

🧠 Final Thoughts

Term insurance in 2025 is smarter, more flexible, and more inclusive than ever before. Whether you’re a salaried professional, self-employed, or a homemaker, investing in a good term plan is essential for peace of mind and your family’s future.

Among all the options, Max Life Smart Secure Plus, HDFC Click 2 Protect, and Tata AIA Sampoorna Raksha Supreme are consistently rated among the best due to their mix of features, affordability, and trustworthiness.

🔗 Pro Tip:

Buy term insurance online directly from the insurer’s website—it’s cheaper, faster, and hassle-free.

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