Life Insurance Coverage In India

I recently shifted to India and planning to purchase Life Insurance for this I am searching for the Life Insurance policies providers. Will you please provide me some of the top insurance policies in India along with their coverage amount and other details so that I can buy that policy?

[Shaleen]

There are a number of insurance policies available in India offered by the companies.

Some of the top insurance policies in India can be listed as below:

1 LIC

Product Name Anmol Jeevan Regular Premium
Coverage Amount ` 10,00,000
Minimum Policy Term 5 years
Maximum Policy Term 25 years
Minimum Entry Age 18 years
Maximum Entry Age 55 years
Maximum Exit Age 65 years
Premium Frequency Options Yearly / Half-yearly

2 Tata AIG - Raksha

Product Name Raksha
Coverage Amount ` 10,00,000
Minimum Policy Term 10 years
Maximum Policy Term 25 years
Minimum Entry Age 18 years
Maximum Entry Age 50 years
Maximum Exit Age 59 years
Premium Frequency Options Annual / Half-yearly / Quarterly / Monthly

3 SBI Life - SBI Shield Annual Premium

Product Name SBI Shield - Annual Premium
Coverage Amount ` 10,00,000
Minimum Policy Term 5 years
Maximum Policy Term 25 years
Minimum Entry Age 18 years
Maximum Entry Age 60 years
Maximum Exit Age 60 years
Premium Frequency Options Annual / Half-yearly / Quarterly

4 Reliance Life - Relaince Term Plan

Product Name Reliance Term Plan
Coverage Amount ` 10,00,000
Minimum Policy Term 5 years
Maximum Policy Term 30 years
Minimum Entry Age 21 years
Maximum Entry Age 60 years
Maximum Exit Age 65 years
Premium Frequency Options Annual / Half-yearly / Quarterly

5 Max New York - Level Term Policy

Product Name Level Term Policy
Coverage Amount ` 10,00,000
Minimum Policy Term 5 years
Maximum Policy Term 42 years
Minimum Entry Age 18 years
Maximum Entry Age 55 years
Maximum Exit Age 60 years
Premium Frequency Options Annual / Half-yearly / Quarterly / Monthly / Single