Best Life Insurance Plans 2012

Death of a beloved in the family is always a sore affair. But, a secured life insurance lessens the burden of your family while dealing with the odd and emotional moments of life. A well secured life insurance policy ensures a hassle-free life of your loved and dear ones. But, before you proceed and sign up for a Life Insurance policy, you should know the best Life Insurance plans available in the country. Many of us avoid taking up the Life Insurance Policies as we think it would cost quite a big amount to invest. Worry not! There is a wide range of Life Insurance policies available in the market that suites your pocket.

Life-insurance

The top companies that offer Life Insurance Policy in India:

  • LIC
  • Reliance life
  • SBI Life
  • Max New York
  • HDFC Standard
  • Bharti AXA
  • Metlife

A brief study on the Best Life Insurance Plans 2012 is below:

Life Insurance Corporation of India

  • Coverage Amount                                             10,00,000
  • Premium Frequency Options                                     Half-yearly/ Yearly
  • Minimum Policy Duration                                  5 years
  • Minimum Enrolment Age                                   18 years
  • Maximum Policy Duration                                 25 years
  • Maximum Benefit Age                                                 65 years
  • Maximum Entry Age                                          55 years

TATA AIG RAKSHA PLAN

  • Premium Frequency Options                  Monthly /Half-yearly / Quarterly / Annual
  • Minimum Policy Duration               10 years
  • Minimum Enrolment Age                         18 years
  • Maximum Policy Duration              25 years
  • Maximum Benefit Age                    59 years
  • Max Enrolment Age                        50 years
  • Coverage Amount                                   Rs.10,00,000

SBI Shield annual premium-SBI LIFE

  • Coverage Amount                                    Rs.10,00,000
  • Premium Frequency Option          Half-yearly / Quarterly/Annual
  • Minimum Policy Duration               5 years
  • Minimum Enrolment Age                         18 years
  • Maximum Policy Duration              25 years
  • Maximum Benefit Age                    60 years
  • Maximum Enrolment Age              60 years

Reliance term plan- Reliance Life

  • Coverage Amount                                    Rs.10, 00,000
  • Premium Frequency Options                  Half-yearly / Quarterly/ Annual
  • Minimum Policy Duration               5 years
  • Minimum Enrolment Age                         21 years
  • Maximum Policy duration              30 years
  • Maximum benefits Age                            65 years
  • Maximum Enrolment Age              60 years

LEVEL TERM- Max New York

  • Coverage Amount                                    Rs. 10,00,000
  • Premium Frequency Option          Half-yearly / Quarterly / Monthly /Single    / Annual
  • Minimum Policy Duration               5 years
  • Minimum Entry Age                        18 years
  • Maximum Policy Duration              42 years
  • Maximum benefit Age                    60 years
  • Maximum Enrolment Age              55 years

Secure Confident- Bharti AXA

  • Coverage Amount                                    Rs.10, 00,000
  • Premium Frequency Option          Half-yearly / Quarterly / Monthly/Annual
  • Minimum Policy Duration               5 years
  • Minimum Enrolment Age                         18 years
  • Maximum Policy Duration              25 years
  • Maximum benefit Age                    60 years
  • Maximum Enrolment Age              55 years

Regular Premium term Assurance- HDFC Standard

  • Coverage Amount                                    Rs. 10, 00,000
  • Premium Frequency Option          Half Yearly / Quarterly/ Annual
  • Minimum Policy Duration               5 years
  • Minimum Enrolment Age                         18 years
  • Maximum Policy duration              30 years
  • Maximum Benefit Age                    65 years
  • Maximum Enrolment Age              60 years

Suraksha Regular Policy-Metlife Insurance

  • Coverage Amount                                   Rs.10, 00,000
  • Premium Frequency Option          Half-yearly / Quarterly / Monthly/Annual
  • Minimum Policy Duration               5 years
  • Minimum Enrolment Age                         18 years
  • Maximum Policy Duration              42 years
  • Maximum Benefit Age                    65 years
  • Maximum Enrolment Age              60 years

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