5 best life insurance policies in India 2020 with premium & tenure details: Subscribing to the best life insurance policy should be on top of your plan nowadays. Your search for the best policy for life insurance ends here. We have done some deep research for you and bring a comprehensive listing of THE BEST LIFE INSURANCE POLICIES IN INDIA 2020.
1. Lic Jeevan Anand Policy
The New Jeevan Anand plan from the LIC Life Insurance combines the benefits of both as well as saving as well as the protection plan. This translates into the usual security against your untimely death in terms of financial aid for your family as well as maturity benefits if you carry on the policy tenure. The policy’s multifaceted shows it as best life insurance policies available in India.
Total Yearly Premium- Rs. 21,472* (Check official website for policy changes)
2. SBI Life-Eshield Term Policy
When looking out for healthy life insurance, the SBI Life- the eShield plan will seem mighty profitable. This policy is best suited for people who seek affordable financial protection along with the peace of mind and sphere competency that will surely be supplied by SBI Life.
Premium Amount, Minimum Rs. 3,500, Maximum: No Limit (Check official website for policy changes)
3. AEGON Religare term Plan
When considering the several players involved in the field of life insurance. The name of AEGON Religare is a particular standout. The company’s correctly named iTerm plan can be purchased online and ensures the protection of your family at the part of the conventional cost. This simple, vigorous, scalable, and professionally managed plan.
Minimum Annual Premium Rs.12,900 (exclusive service tax). (Check official website for policy changes)
4. Reliance Term Insurance Plan
A comprehensive life cover of Rs.1 crore at a not enough investment of Rs.15 per day assured claim settlement in 12 days, earn 6.5% interest yearly, speedy online policy purchase in less than ten minutes, a few smart pointers that distinguish Reliance Term Plans from the rest of the policy. This plan is dedicated to making life simple, for you and your family, and surely deserves its title of being one of the best life insurance policy in India.
Minimum Premium Rs. 3500, Maximum no limits (Check official website for policy changes)
5. HDFC SL Crest (ULIP)
when talking of HDFC SL Crest, a short term ULIP plan that works on the premise of helping you achieve your investment goals in a comparatively short period of 10 years while at the same time protecting your family against the prospective perils emerging from your premature demise. The insured needs to pay the premiums for only 5 years to enjoy market-linked returns for the total duration of 10 years.
Minimum Premium. Rs. 50,000 Maximum no limits (Check official website for policy changes)