Term Insurance Comparison
   
Policy/Insurer
Maximum age
of entry
Tenures possibe Maximum age
at expiry
Minimum sum assured FOR LIFE COVER OF RS 10 LAKH Premium in Rs (Entry age/coverage period in yrs)
 
30 / 25
40 / 20
50 / 10
55 / 10
HDFC Standard Life
Level Term Insurance
60 Years
5 to 30 yrs
65 yrs
Rs. 1 Lakh
3,050
5,110
8,320
12,690

ICICI Prudential
50 Years
5 to 25 yrs
65 yrs
Rs. 1 Lakh
N.A
5,111
8,198
N.A
Max New York Life
Till age 60 Policy
55 Years
5,10,15,20,25 yrs
60 yrs
Rs. 2.50 Lakh
3,220
5,650
10,000
12,150*
Birla Sunlife
Stand Alone Term
55 Years
5,10,15,20,25 yrs
70 yrs
Rs. 2 Lakh
3,160
5,150
8,790
13,100
Life Insurance Corp-
Anmol Jeevan
50 Years
10,15,20 yrs
60 yrs
Rs. 5 Lakh
N.A
6,645
11,204
N.A
Notes :-
  1. Any critical illness detected after the policy has been taken will not have any impact on premium to be paid
  2. Free look period is of 15 days for all policies as per the IRDA regulations

* Cover is for a five-year period

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