Because Your Family's Future Can't Wait For "Someday"!
Comprehensive term life insurance for Indian breadwinners and providers. Get maximum protection at minimum cost – because your loved ones deserve financial security even when you’re not around.
When Life Is Uncertain, Make Their Future Certain!
- India's top life insurers, family-tested protection
- Maximum Coverage, Minimum Premium
- Term Insurance Made Simple, Expert Family Shield
- Every Loved One Protected, Every Future Secured
Personal Term Life Insurance
Trusted By 1500+ Enterprises
From Startups to Stalwarts, India’s Finest Choose CoverBizz
What is Personal Term Life Insurance
Term Insurance: Your Family’s Financial Superhero When You Can’t Be!
Think of term insurance as hiring a financial guardian angel who shows up with a cheque when you can’t be there for your family! It’s pure life protection – no frills, no investment returns, just massive coverage at surprisingly low premiums.
Whether you’re earning ₹50,000 or ₹5 lakh monthly, term insurance ensures your family maintains their lifestyle, completes their dreams, and stays financially secure even if life throws the ultimate curveball. It’s like having a money tree that grows only when your family needs it most – morbid but magical!
Why Is This Policy Vital for Breadwinners
Every Jeweller Needs This Sparkly Shield
Average Indian families need 15-20 times annual income to maintain lifestyle without primary earner. A ₹10 lakh annual salary requires ₹1.5-2 crore coverage! Yet 90% of Indians are severely under-insured. Term insurance is the difference between “family survives comfortably” and “family struggles permanently.” It’s survival insurance for those you love most!
Who Needs Personal Term Life Insurance?
Young Professionals (25-35 years)
Lowest premiums, maximum coverage duration! ₹1 crore cover at just ₹700-1,000/month for healthy non-smokers.
Married Couples with Kids
Double income = double coverage! Both partners need insurance protecting children's education, mortgage, and lifestyle.
Single Parents
Critical protection ensuring children's future remains secure financially despite being sole provider and earning member.
Home Loan Borrowers
Coverage matching outstanding loan ensuring family home stays protected even if EMIs stop being paid.
Business Owners
Protecting business continuity, partner buyouts, and family income from business equity without disrupting operations.
Senior Earners (45-60 years)
Higher premiums but essential for incomplete financial goals, dependent parents, and unmarried children requiring coverage.
Types / Add-ons Commonly Offered
Level Term
Fixed coverage throughout policy duration
Increasing Term
Coverage increases annually (typically 5-10%)
Return of Premium (ROP)
Premiums refunded if you survive term
Critical Illness Rider
Additional payout for life-threatening diseases
Accidental Death Benefit
Extra coverage for accidental death
Waiver of Premium
Coverage continues if disabled
What Personal Term Life Insurance Covers
Death Benefit
Accidental Death
Terminal Illness
Permanent Disability
Critical Illness (Rider)
Income Replacement
Loan Protection
Children's Education
Family Maintenance
Funeral Expenses
Inclusions & Exclusions
Inclusions
Natural Death
Death from illness, disease, or health conditions during policy term covered with full sum assured
Accidental Death
Death from accidents, injuries, and mishaps with additional rider benefits if opted
Critical Illness (Rider)
Lump-sum payout for cancer, heart attack, stroke, kidney failure (with specific rider)
Permanent Disability (Rider)
Coverage and premium waiver for total permanent disability preventing work.
Terminal Illness
Early payout if diagnosed with terminal condition (life expectancy less than 12 months)
Exclusions
Suicide (First Year)
Death by suicide within first 12 months excluded; only premiums refunded
Fraud & Misrepresentation
False information in proposal can void policy and deny claims
Pre-existing Undisclosed Conditions
Death from conditions not disclosed during application may be denied
War & Nuclear
Death during war, nuclear events, and terrorist acts typically excluded
Adventure Sports
Death during dangerous activities like skydiving may need specific coverage
Insurance Partners
We’re Partners With 20+ Major Insurance Companies
FAQ's
Thumb rule: 15-20 times annual income! ₹10 lakh salary = ₹1.5-2 crore cover. Calculate debt + 10 years expenses!
Not in regular term plans! That's why premiums are low. Want money back? Choose ROP plans (higher premiums)!
Online = 10-15% cheaper, same claims! Direct buying saves commission. Digital natives = online purchase!
Yes! But premiums are 30-40% higher. Quit smoking = cheaper insurance = double health benefits!
Policy lapses! No coverage, no claims. Revival possible within 2-3 years with back premiums + interest!
Death benefit is 100% tax-free under Section 10(10D)! Family gets full amount without deductions!
Customers Says..
Mrs. Sunita Patel (Delhi)
Mr. Amit Kumar (Bangalore)
