Best Online Term Plans- Premium Comparison | Quick Guide |


                          


Buying a good term insurance policy is one of the important decisions of our financial planning. The best thing about Term plans is that they provide us with high life cover at quite low and affordable premiums.

Below is a quick snapshot of the few online term plans and their respective premium. Any questions related to this article, feel free to ask in the comments.

 Online Term Plans Premium Comparison for "Male Aged 30 Yrs" for a policy term of 30yrs

Data Source: PolicyBazaar as of  19th March 2020


 Online Term Plans Premium Comparison for "Female Aged 30 Yrs" for a policy term of 30yrs

Data Source: PolicyBazaar as of  19th March 2020


Bonus Tips :
  1. Go for Online Term plans as they are cheaper than offline term plans bought through agents.
  2. Take the Term Insurance Policy only till age 60. This is because you need to cover yourself only for the time you are working and others are financially dependent on you.
  3. Don't get too confused with different riders. Buy a basic or Pure Team Plan.
  4. Buy the Term Insurance policy under MWP (Married Women Property) Act 1984.
  5. The early you buy is better. Hence buy it now.

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