Top Term Life Insurance of 2018

Life is uncertain. Anything can happen without warning that may even significantly impact the lifestyle of your family members. However, when you get your life insured, it not only puts your mind at ease but also provides your family the financial coverage that can help them cope even after the event of your death.

Term life insurance policies provide coverage for a fixed period of time ranging anywhere from 5 to 40 years depending on the tenure of your choice. If you choose a term based policy with maturity benefits, you will get returns on maturity even if you outlive the policy term. This type of insurance policy is highly beneficial to those who want lower premiums and have other liabilities to cover or responsibilities to take care of.

Read on to find out the top term life insurance policy of 2018.

Most Popular Term Life Insurance Online

There are many insurance companies in India that provide multiple insurance policies with varied features and benefits. Here is a list of the five most popular term life insurance policies online:

ICICI Prudential iProtect Smart

With a CSR of 96% for ICICI Prudential life insurance Company, its iProtect Smart plan has made its way to the top of the list. Not only is the premium affordable, this policy comes with a wide range of benefits and riders such as additional coverage which can be added to the policy at any point in time.

Max Life Online Term Plan Plus

Another insurance company with a high record of claim settlements (around 96%), Max Life insurance company’s term plan is a blessing to many. Accident covers, critical illness covers, and the flexible option that provides your family with monthly income besides the basic amount are a few of the features that have made this policy one of the best to buy.

HDFC Life Click 2 Protect Plus

The Click 2 Protect Plus is an excellent term insurance policy with highly competitive rates. This policy beats the rest when it comes to its low premiums. Further, the insurance company also boasts an attractive CSR of 95% which is hard to miss out on!

Bajaj Allianz eTouch Online Term

With a policy term ranging from ten to forty years, this term insurance plan is one of the most popular ones today. It comes with a shield option that makes you eligible for a waiver of premium in case of permanent disability. Another positive feature is the steady CSR of around 90% over the last couple of years.

Aegon Life iTerm Plan

A unique feature of the iTerm plan is the ‘Inbuilt Terminal Illness Benefit’ that offers coverage of 25% of the sum assured over and above the benefit provided by the policy. The best part is that it covers all forms of deaths and also comes with multiple optional riders to boost your policy’s value.

Simple Steps You Need to Follow

To get your term life insurance policy, there are only four steps to follow, whether you are buying your policy directly from an insurance company or from an online insurance aggregator like These are:

#Step 1: Online Registration

Once you are on the website, you will need to register yourself by providing basic information like your name, age, gender, and smoking habits.

#Step 2: Policy Selection

At this point, you must have figured out the policy you want to purchase. Even if you haven’t, you can compare the various plans available and make a selection. Remember that this is the most important step in the entire process.

#Step 3: Furnish Documents

At this stage, you need to provide further documentation to begin the processing of your insurance policy. These documents are identity proof, address proof, medical certificates for existing conditions or the lack thereof, and nominee information.

#Step 4: Payment

The last step is making the payment which you can do via various means such as a debit card, credit card, or net-banking. The benefit of buying your policy online is that once you make your payment, the soft copy of the policy documents is sent over to your mail immediately. It is quick, effective, and time-saving.

Buy a Term Life Insurance at the Earliest

Buying a term life insurance policy is probably the best decision you can make for your family. But before you do, research thoroughly and make sure to choose a policy that satisfies your needs while providing you with benefits at the same time. For people who don’t know much about insurance policies and are worried about making the wrong choice, is always available for guidance, be it regarding features, comparison, or just about anything else. So, secure your life today and take care of your family the way they truly deserve.