Term · ULIP · Endowment · Whole Life
Life Insurance
Protect your family — without overpaying
Life insurance covers your family if something happens to you. We compare term plans (pure protection), ULIPs (investment + cover) and endowment plans across 24+ insurers to find the right structure for you.
Regulated by IRDAI
Key facts
- Term cover for 30Y old
- ~₹10K/yr for ₹1 Cr
- Income tax (80C)
- Premium ≤ ₹1.5L deductible
- Maturity tax
- Tax-free under 10(10D)*
- Tenure
- Up to age 85 (term) / 99 (whole life)
What you get
Term plans first
Pure protection, lowest premium. Recommended for 90% of investors. Cover for ₹1 Cr from ~₹10,000/yr for a 30-year-old.
ULIPs when appropriate
Combined investment + cover. Tax-efficient at maturity if premium ≤ ₹2.5 L/year (per recent rules).
Endowment / Whole Life
Guaranteed maturity + cover. Lower return but capital protected — useful for the conservative portion of a portfolio.
Riders that matter
Critical illness, accidental death, waiver of premium, terminal illness — added at marginal cost.
Is this for you?
- Anyone with dependents — spouse, children, parents
- Sole earners with outstanding home or education loans
- Young families building long-term protection
- High-income individuals planning for estate transfer
Common questions about Life Insurance
Risk & regulatory note
Insurance is the subject matter of solicitation. Visit www.irdai.gov.in for details. *10(10D) exemption applies if annual premium ≤ ₹2.5 L (ULIP) / ≤ ₹5 L (traditional) per recent rules; refer to your policy.
Talk to an advisor about Life Insurance
Free 30-minute consultation. No fees, no pressure. We answer your questions before you commit.