How to Choose Best Online Term Insurance Plan? – Top 5 Best Term Plans 2021
Things to Take care before you Buy Online Term Insurance Plan
Top 5 Best Online Term Plans In India
#1 :- LIC eTerm Policy (Table 825) :- LIC (Life Insurance Company of India) has top most claim settlement ratio in india. LIC tops with 95.51% of benefit amount given and 98.19% no of policies have claimed death benefit in last one year. LIC no doubt best insurance company also has good credit in Indian insurance market. Apart from LIC eTerm 825 plan, LIC Anmol Jeevan II and LIC Amulya Jeevan II are also good term insurance plans from LIC.
#2 Max Life Insurance: – Max Life Insurance has 93.59% of claim settlement ratio in last year with 96.03% policy claimed benefits in Max Life Insurance. Max Life insurance provides monthly income after death and raising monthly income options in term plan. You can check the max life insurance term plans.
#3 TATA AIA :- TATA AIA’s iRaksha TROP is good term plan. If you are looking for limited sum assured plan with low premium rates, you can go for TATA AIA iRaksha term plan. This term plan also provides facility of single, limited, regular pay of sum assured. You can get death benefit, maturity benefit, surrender benefit and tax benefit too.
#4 Aegon Religare :- Aegon Religare’s term plan provides cover up to 75 years of age and with critical illness included. Apart from that, accidental deaths, women’s critical illness are also covered. Aegon Religare has 85.93% of claim settlement ratio too. Overall, Aegon Religare is the only term plan which provides you better features and low cost premium rates.
#5 Kotal Life Insurance Preferred e-Term Plan: – Kotak Insurance is big name of Indian insurance sector. Kotak eTerm Plan provides you facility to pay premium rates in monthly or yearly. Also, same facility in sum assured to when your family receives death benefit. Kotak Life insurance has 90.69 % of good claim settlement ratio.
These are the tips to choose better online term insurance plan and top 5 best term plans in india. Hope our guide will help you to choose better term plan.
Also read :-