Policybazaar 1 Crore Term Insurance Details
Policybazaar provides a better platform to avail insurance products. Through Policybazaar, you can easily buy and manage different types of insurance plans at one place.
In a term insurance plan, in case of accidental death of the insured during the policy term, the sum assured is provided by the insured to the nominee in the form of insurance benefit. Such a term insurance plan through which the sum assured of up to Rs 1 crore is received as death benefit, then it is known as 1 crore term insurance plan. Through such term insurance plans, you can secure your family’s financial future in your absence by availing term insurance coverage of up to Rs.1 crore.
Various types of such term insurance plans are offered through Policybazaar through which you can easily get the coverage of one crore term insurance plans.
Policybazaar 1 Crore Term Insurance Plan Details
Following are the 1 Crore Term Insurance Plan Details provided by Policybazaar-
- LIC eTerm:
insurance coverage
- Minimum Sum Assured – ₹25 lakh
- Maximum Sum Assured – No Limit
policy term
- Minimum- 10 years
- Maximum- 35 Years
entry age
- Minimum Age – 18 Years
- Maximum Age- 60 Years
free-look period
- 30 day
grace period
- 30 day
- Max Life Online Term Plan:
insurance coverage
- Minimum Sum Assured – ₹25 lakh
- Maximum sum insured – Rs 100 crore
policy term
- Minimum- 10 years
- Maximum- 50 years
entry age
- Minimum Age – 18 Years
- Maximum Age- 60 Years
free-look period
- 15 to 30 days
grace period
- 30 day
- Max Smart Secure Plus Plan:
insurance coverage
- Minimum Sum Assured – ₹20 lakh
- Maximum Sum Assured – No Limit
policy term
- Minimum- 10 years
- Maximum-
entry age
- Minimum Age – 18 Years
- Maximum Age – 65 Years
premium payment
- annual,
- semi annually,
- quarterly and
- monthly.
rider
- terminal illness cover,
- Accidental Critical Illness Benefit.
free-look period
- 15 to 30 days
grace period
- 30 day
- HDFC Life Click 2 Protect Plus Plan:
insurance coverage
- Minimum Sum Assured – ₹25 lakh
- Maximum Sum Assured – No Limit
policy term
- Minimum- 10 years
- Maximum- 40 Years
entry age
- Minimum Age – 18 Years
- Maximum Age – 65 Years
premium payment
- annual,
- semi annually,
- quarterly and
- monthly.
premium
- Minimum premium – ₹3000
- Maximum Premium – No limit prescribed.
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- ICICI Prudential iCare II:
insurance coverage
- Minimum Sum Assured-
- Maximum Sum Assured – No Limit
policy term
- Minimum- 10 years
- Maximum- 30 Years
entry age
- Minimum Age – 18 Years
- Maximum Age – 65 Years
premium payment
- annual,
- semi annually,
- quarterly and
- monthly.
premium
- Minimum premium – ₹2400
- Maximum Premium – No limit prescribed.
- PNB MetLife Mera Term Plan:
insurance coverage
- Minimum Sum Assured – Rs 25 lakh
- Maximum Sum Assured – No Limit
entry age
- Minimum Age – 18 Years
- Maximum Age- 60 Years
premium payment
- annual,
- semi annually,
- quarterly and
- monthly,
- outright
rider
- PNB MetLife Accidental Death Benefit Plus Rider
- PNB MetLife Critical Illness Rider
- PNB MetLife Accidental Disability Benefit
- PNB MetLife Critical Illness Benefit
- Bajaj Allianz iSecure More:
insurance coverage
- Minimum Sum Assured – Rs 2.5 Lakh
- Maximum Sum Assured – No Limit
policy term
- Minimum- 10 years
- Maximum- 25 Years
entry age
- Minimum Age – 18 Years
- Maximum Age- 60 Years
premium payment
- annual,
- semi annually,
- quarterly and
- monthly,
- outright
- Aegon iTerm Insurance Plan:
insurance coverage
- Minimum Sum Assured – Rs 25 lakh
- Maximum Sum Assured – No Limit
policy term
- Minimum- 5 years
- Maximum- 57 Years
entry age
- Minimum Age – 18 Years
- Maximum Age – 65 Years
premium payment
- annual,
- semi annually,
- quarterly and
- monthly,
- outright
- SBI Life Insurance eShield:
insurance coverage
- Minimum Sum Assured – Rs 20 lakh
- Maximum Sum Assured – No Limit
policy term
- Minimum- 5 years
- Maximum- 30 Years
entry age
- Minimum Age – 18 Years
- Maximum Age – 65 Years
premium payment
- annual,
- semi annually,
- quarterly and
- monthly,
- outright
rider
- Accidental Death Benefit Rider
- Accidental Total and Permanent Disability
- Reliance Nippon Life Protection Plus:
insurance coverage
- Minimum Sum Assured – Rs 1 crore
- Maximum Sum Assured – No Limit
entry age
- Minimum Age – 18 Years
- Maximum Age – 65 Years
premium payment
- annual,
- semi annually,
- quarterly and
- monthly,
- outright
free-look period
- 15 to 30 days
grace period
- 30 day
- Canara iSelect Star Term Plan:
insurance coverage
- Minimum Sum Assured – Rs 25 lakh
- Maximum Sum Assured – No Limit
entry age
- Minimum Age – 18 Years
- Maximum Age – 65 Years
premium payment
- annual,
- semi annually,
- quarterly and
- monthly,
- outright
rider
- Accidental Total and Permanent Disability Benefit,
- Accidental Death Benefit,
- Child support benefit.
3 variants
- life plus,
- life and
- Life with Return of Premium.
Policybazaar 1 Crore Term Insurance Premium
The premium for Rs 1 crore term insurance plan taken through Policybazaar Policybazaar will vary from plan to plan. The premium may also vary from one insurance company to another.
You have to pay a minimum premium of ₹ 499 per month to get one crore term insurance plan, which means you have to pay a premium of ₹ 6000 in 1 year. At this lowest premium, you can avail term insurance plan coverage of Rs 1 crore.
Please note that this is the minimum premium that has been quoted to you. There is no limit on the maximum premium. It depends on your plan and the insurance company that how much premium you will have to pay for your 1 crore term insurance plan. For this, by visiting the official website of your favorite insurance company, you can estimate the premium of 1 crore term insurance through the premium calculator there.