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.