1 Crore Term Insurance
Planning for your family’s financial security is one of the most important responsibilities in life. A ₹1 Crore Term Insurance Plan is an affordable and effective way to ensure that your loved ones can maintain their lifestyle, pay off debts, and meet future expenses even in your absence.
What is 1 Crore Term Insurance?
A 1 Crore Term Insurance Plan is a life insurance policy that offers a sum assured of ₹1 crore to your nominee in case of your unfortunate demise during the policy term. It’s a pure protection plan—meaning you pay affordable premiums, and your family receives the assured amount as a lump sum or in installments if the worst happens.
This large cover amount ensures that your dependents can manage:
- Daily household expenses
- Children’s education and marriage costs
- Loan repayments (home, car, or personal loans)
- Long-term financial goals and healthcare needs
Why Choose 1 Crore Term Insurance?
- ✅ High Coverage at Low Premium: A large sum assured for a relatively small premium.
- ✅ Protects Against Inflation: ₹1 crore helps your family meet rising costs of living and education.
- ✅ Flexible Payment Options: Pay premiums monthly, quarterly, yearly, or as a single premium.
- ✅ Customizable with Riders: Add riders for accidental death, critical illness, or waiver of premium.
- ✅ Tax Benefits: Premiums are deductible under Section 80C, and death benefits are tax-free under Section 10(10D).
Who Should Buy 1 Crore Term Insurance?
- Young Professionals: Start early and enjoy the lowest premiums.
- Married Individuals: Protect your spouse and dependent parents.
- Parents: Secure your children’s education and future goals.
- Loan Borrowers: Cover outstanding liabilities like a home loan.
- NRIs: Ensure financial stability for family members in India.
Premium Example for ₹1 Crore Term Insurance*
- Age 25 (Non-Smoker): Starting from as low as ₹500–700/month
- Age 30 (Non-Smoker): Around ₹800–1,000/month
- Age 40 (Non-Smoker): ₹1,500–2,000/month
*Actual premium depends on age, health, smoking habits, policy term, and insurer.
Why Buy Through Doorstep Bima?
- Compare the best 1 Crore Term Plans in India from top insurers
- Transparent pricing and no hidden charges
- Assistance in claim settlement for your family
- Expert guidance to choose the right riders & policy term
Final Word
A ₹1 Crore Term Insurance Plan is a smart way to secure your family’s financial future without straining your present budget. At Doorstep Bima, we make it easy for you to compare, select, and purchase the best plan that fits your needs.
