Tuesday, April 28, 2015

Top 6 Best Term Insurance Policy Plans in India

Kotak e-Term/ Preferred Term Insurance, SBI Life e-Shield Term Insurance,Max Life Term Insurance,HDFC Click 2 Protect Plus Term Insurance, ICICI Pru I-Care II Term Insurance, LIC e-Term Insurance,LIC's Insurance Plans, SBI Life offers Life Insurance Policies, HDFC Life offers best life insurance plans, Insurance Plans- ICICI Prudential offers a wide array of insurance plans , life insurance policy plans in India with ICICI Bank, Reliance Life Insurance, ICICI Lombard™ Online, Compare Life Insurance - PolicyBazaar, Low Cost Health Insurance‎, Compare Term Life Plans‎, Health Insurance Plans, www.icicilombard.com , Buy Home Insurance, Home Insurance - Policy Details

Start planning to bring a smile on your family’s face. A few wise decisions to save money can sustain the happiness of your family, with the same financial health even after you die.

Choose a best term insurance plan that will help you and your family to cope up with any uncertain circumstances.

However, we have collected some best policies from myinvestmentideas.com to help you. Check out top policies of this year:

1. LIC e-Term Insurance: Life Insurance Corporation offers a fast, easy and a secure option to purchase e-term insurance via online. All you need to do is to fill in the details and make your payment through internet banking.

 It offers highest life death claim settlement ratio of about 98.14 percent. A policy holder should have crossed a minimum age of 18 years to get enrolled for the policy with a minimum sum assured of Rs.25 Lakhs. The LIC e-term Insurance has a policy term that ranges from 10 to 35 years.

2. ICICI Pru I-Care II Term Insurance: ICICI Pru I-Care II Term Insurance ensures to protect your family’s future by making their life comfortable and easy to live even at your absence. It is an online term policy plan that offers high insurance cover, also offering affordable premiums.

It is second with a ratio of 94.10 percent in terms of life and death claim settlement. The minimum age limit of the policy holder is 18 years and the maximum is 60 years. The term to hold the policy ranges 5 to 30 years.

3. HDFC Click 2 Protect Plus Term Insurance: HDFC Click 2 Protect plus Term Insurance gives a large amount of cover for low premiums. It provides policy terms of 10 to 40 years. It offers attractive premium rates for non-tobacco users.

It is the third highest life death claim policy with a ratio of 94.01 percent. To hold this policy the entry level age is 18 years to 65 years.

4. Max Life Term Insurance: Max Life Term Insurance is designed to provide a protection solution for your family at an affordable price. It provides the policy term which ranges from 10 to 35 years.

With a life death claim ratio of 93.86 percent, Max Life ranks as the 4th best policy plan. It offers low premium rates for non smokers and female lives. Even it also offers discounts on various related plans to assure higher sum at the end.

5. SBI Life e-Shield Term Insurance: SBI Life is a private life insurer which offers a new online term policy – eSheild. It is a pure protection policy which provides a lump sum amount to your family at your absence.

There are two plan options in this policy - level cover and increasing cover. In level cover the chosen amount assured remains constant throughout the policy tenure, but in increasing cover, SBI Life e-Shield Term Insurance increases at regular intervals.

6. Kotak e-Term/ Preferred Term Insurance: Kotak e-Term Insurance has the highest life death claim settlements ratio of 90 percent and thus is one of the best policies to choose to ensure your family’s secured future.

Kotak e-Preferred Term plan is a pure protection plan which offers a life cover at an affordable premium rate. If a policy holder becomes permanently disabled during the policy tenure, then he/she is liable to get a 100 percent premium waiver.

Read More: SBI Cuts Home Loan Interest Rate By Up To 0.25 Percent

Kotak e-Term/ Preferred Term Insurance, SBI Life e-Shield Term Insurance,Max Life Term Insurance,HDFC Click 2 Protect Plus Term Insurance, ICICI Pru I-Care II Term Insurance, LIC e-Term Insurance,LIC's Insurance Plans, SBI Life offers Life Insurance Policies, HDFC Life offers best life insurance plans, Insurance Plans- ICICI Prudential offers a wide array of insurance plans , life insurance policy plans in India with ICICI Bank, Reliance Life Insurance, ICICI Lombard™ Online, Compare Life Insurance - PolicyBazaar, Low Cost Health Insurance‎, Compare Term Life Plans‎, Health Insurance Plans, www.icicilombard.com , Buy Home Insurance, Home Insurance - Policy Details

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