Top 5 Term Life Insurance Plans in India 2025

When it comes to securing your family’s financial future, Term Life Insurance remains one of the most cost-effective and essential tools. In 2025, with evolving customer expectations and competitive offerings, insurers in India have upgraded their term plans with better coverage, flexible options, and added benefits. Here’s a look at the Top 5 Term Life Insurance Plans in India in 2025:


1. 

LIC Tech Term Plan 2.0

Provider: Life Insurance Corporation of India (LIC)

Why It Stands Out:

  • Pure online term plan with no agent involvement, reducing cost
  • Offers flexibility to choose between Level Sum Assured and Increasing Sum Assured
  • Special premium rates for non-smokers and women

Key Features:

  • Entry Age: 18 to 65 years
  • Maximum Coverage: Up to ₹2 Crore (more with underwriting)
  • Riders: Accidental Death Benefit Rider available
  • Claim Settlement Ratio (2024): 98.62%

2. 

HDFC Life Click 2 Protect Super

Provider: HDFC Life Insurance

Why It Stands Out:

  • Highly customizable plan with multiple benefit options
  • Offers coverage against terminal illness and waiver of premium on disability
  • “Life Stage Protection” option to increase cover during milestones (marriage, child birth)

Key Features:

  • Entry Age: 18 to 65 years
  • Maximum Coverage: No cap; subject to underwriting
  • Additional Benefits: Income payout option, Return of Premium option
  • Claim Settlement Ratio (2024): 99.39%

3. 

Max Life Smart Secure Plus Plan

Provider: Max Life Insurance

Why It Stands Out:

  • Includes terminal illness cover at no extra cost
  • Return of Premium option available
  • Offers “Premium Break” — skip up to 2 years of premium payments after 10 years

Key Features:

  • Entry Age: 18 to 65 years
  • Coverage: Up to ₹5 Crore or more
  • Additional Benefits: Joint life cover, riders like critical illness and disability
  • Claim Settlement Ratio (2024): 99.51%

4. 

Tata AIA Sampoorna Raksha Supreme

Provider: Tata AIA Life Insurance

Why It Stands Out:

  • Strong focus on health and wellness benefits
  • Choice of multiple plan options (Life, Life Plus, Life Income)
  • Accelerated Terminal Illness and waiver of premium available

Key Features:

  • Entry Age: 18 to 65 years
  • Coverage: ₹50 Lakh to ₹3 Crore+
  • Riders: Critical illness, accidental death, and disability
  • Claim Settlement Ratio (2024): 99.01%

5. 

ICICI Pru iProtect Smart

Provider: ICICI Prudential Life Insurance

Why It Stands Out:

  • One of the most comprehensive term plans
  • Covers death, terminal illness, and optional critical illness
  • Offers a Life and Health cover combo

Key Features:

  • Entry Age: 18 to 65 years
  • Maximum Sum Assured: ₹1 Crore to ₹10 Crore
  • Additional Benefits: 34 critical illness cover, waiver of premium
  • Claim Settlement Ratio (2024): 98.74%

Final Thoughts:

When choosing a term insurance plan in 2025, don’t just look at the premium. Focus on:

  • Claim settlement ratio
  • Flexibility in benefits and riders
  • Customer service and digital ease
  • Custom coverage options for your life stage

Each of these plans offers something unique. Assess your financial responsibilities, dependents, liabilities, and goals before selecting the best policy for you.

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