Compare premiums of Term Insurance Plan in India : Cheap Life Insurance

November 18, 2010


Here you know the premium of all existing Life insurance companies of India for same term insurance plan. For same term insurance plan, premium rate is much more different among various insurance companies in India.

Here you get the list of all insurance company with their  term insurance plan name in the increasing order of yearly premium-

Premium rate depends on your current age, planned year of insurance, Gender and Sum assured. There are various other factor also.

Here is the premium rate list in following condition

If your age is 30 year (male), you want term insurance plan of Rs 50 lakh, for 25 year, here is the list of all term Insurance scheme in increasing order of premium rate.

Insurance Company Name- Term insurance plan

Premium amount

Kotak Life Insurance – Kotak E-Preferred
Rs 6,067
AEGON Religare Life Insurance – iTerm Plan
Rs. 6,177
ICICI Prudential Life Insurance – ICICI Pru iProtect
Rs. 6,177
Kotak Life Insurance – Kotak Preferred Term
Rs. 7,252
Bharti AXA Life Insurance – Elite Secure
Rs. 10,148
Met Life India Insurance – MET Suraksha Plus
Rs. 10,313
Aviva Life Insurance- Life Shield Plus
Rs. 11,361
IDBI Fortis Life Insurance – Termsurance
Rs. 12,037
HDFC Standard Life Insurance – Term Assurance Plan
Rs. 12,344
Bajaj Allianz Life Insurance Company – New Risk Care II
Rs. 12,713
ING Vysya Life Insurance – ING Term Life
Rs. 14,324
Birla Sun Life Insurance Stand Alone Term Plan
Rs. 14,449
Tata AIG Life Insurance Raksha
Rs. 14,560
Future Generali Life Insurance – Future Care
Rs. 14,946
Max New York Life Insurance MAX LEVEL TERM POLICY
Rs. 15,250
Life Insurance Corporation (LIC) – Amulya Jeevan – 1
Rs. 15,450
Reliance Life Insurance Company Limited- Term Plan
Rs. 16,185

The above premium rate may vary with time. This above premium rate will also varies on age, gender, Sum assured amount etc. The above list is only for general idea.

So from above list you can see for same term insurance plan premium can vary from Rs 6067 to Rs 16185 for different insurance companies.

So choose only reliable insurance company whose premium is low.

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