Top 10 Life Insurance Plans in India 2022

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Top 10 Life Insurance Plans in India 2022 :- Your insurance plan is not merely a protection against unforeseen circumstances, but is also a long-term investment option that comes with assured benefits. While it’s true that insurance can ensure cash flow during hard times, but it’s also a fact that badly chosen plans may prove worthless in times of need. Therefore, make sure that you prepare a checklist of your requirements and compare all insurance offers provided by the leading insurers. Here’s a listing of the top 10 insurance plans offered by some of the leading insurance companies in India:

Plan Name Plan Type Entry Age (Min/Max) Policy Term

(Min/Max)

Sum Assured

(Min/Max)

SBI Life eShield Term 18 years to 65 years 5 years to 30 years Minimum – Rs.20 lakh Maximum – No limit
HDFC Life Click 2 Protect Plus Term 18 years to 65 years 10 years to 40 years Minimum – Rs.25 lakh Maximum – No limit
Aviva i-Life Term 18 years to 55 years 10 years to 35 years Minimum – Rs.25 lakh Maximum – No limit
Future Generali Care Plus Rural 18 years to 60 years 5 Years to 30 Years Minimum – Rs.15 lakh Maximum – Rs. 50 Laks
Birla Sun Life BSLI [email protected] Plan Term 18 years to 65 years 5 Years to 40 Years Minimum – Rs.30 lakh Maximum – No Limit
LIC’s Jeevan Pragati Plan Endowment 12 years to 45 years 12 Years to 20 Years Minimum – Rs.15 lakh Maximum – No Limit
Max Life Online Term Plan Plus Basic Life Cover Term 18 years to 60 years 10 Years to 40 Years Minimum – Rs.25 lakh Maximum – 100 Crores
ICICI Prudential iProtect Smart Term 18 years to 65 years 10 years to 30 years Minimum – 2400 Per annum. Maximum – No Limit
Bharti Axa Life Elite Secure Term 18 years to 75 years 10 years to 25 years Minimum – Rs.25 lakh Maximum – No Limit
PNB MetLife Mera Term Plan Term 18 years to 65 years 10 Years to 40 Years Minimum – Rs.10 lakh Maximum – No Limit

SBI Life eShield is a non-linked online insurance plan which provides higher returns on premiums. It’s designed basically to safeguard your family in your absence and secure them financially. The plan does not offer survival benefits at the time of maturity. Without involving paperwork and agent meeting, you can apply for the plan with just a click.

Features of SBI Life eShield:

Cover options under the eShield plan • Level Cover

• Level Cover with Accidental Benefit

• Increasing Cover

• Increasing Cover with Accidental Benefit

Maximum age at entry • 65 years for both Level Cover and Level Cover with Accidental Death Benefit

• 60 years for Increasing Cover and Increasing Cover with Accidental Death Benefit

Minimum age at entry 18 years
Minimum sum assured Rs.20,00,000
Maximum sum assured No limit (subject to underwriting)
Minimum policy term • 5 years (For Level Cover & Level Cover with Accident Benefit)

• 10 years (For Increasing Cover & Increasing Cover with Accident Benefit)

Premium payment mode Yearly
Premium term Same as policy term
Minimum premium amount Rs.3,500
Maximum premium amount No limit