10 Crore Term Insurance

If you are considering a Rs. 10 crore term insurance plan, you are already ahead of the curve. As your income grows, so do your financial responsibilities. A larger home, better education for your children, medical preparedness, and lifestyle upgrades come with long-term commitments. And safeguarding all of this—against life’s uncertainties—is what this high-value term plan helps you achieve.

Whether you are a business owner, salaried executive, or upwardly mobile professional, this type of plan provides not just cover, but confidence. Confidence that your family can continue their lives seamlessly, even in your absence.

What is a Rs. 10 crore term insurance plan?

A Rs. 10 crore term insurance plan is a high-value life cover policy designed to offer financial security to your dependents by paying a guaranteed lump sum of Rs. 10 crore in case of your untimely demise during the policy term. It is a pure protection plan, with no investment component—ideal for those who prioritise maximum coverage at affordable premiums.

Why does it matter? Because with rising inflation, urban expenses, and financial commitments such as EMIs or child education, a Rs. 1-2 crore cover may not be enough for high-income families.

Key highlights of a Rs. 10 crore term insurance plan:

Large sum assured at affordable premiums:
You can get Rs. 10 crore cover starting at a few thousand per month, especially if bought early in life.

Income replacement for decades:
Helps your family maintain lifestyle continuity, even if you’re not around to provide.

Customisable payouts:
Opt for lump sum, monthly income, or staggered benefits as per your family’s needs.

Long policy tenure:
Plans often cover you till age 85 or 99, ensuring lasting protection.

Optional add-ons and riders:
Enhance the plan with critical illness, waiver of premium, or accidental death cover.

You can get a personalised premium estimate on 10 crore term insurance through term insurance premium calculator.

Want a tailored plan quote? → Enter your mobile number to receive options instantly via OTP and get quote!

Key benefits of a Rs. 10 crore term insurance policy

Investing in a high-value life insurance plan comes with significant strategic benefits. Beyond basic protection, a Rs. 10 crore cover helps in wealth preservation, intergenerational planning, and even business continuity.

Here is how you benefit:

Financial security for your family:
The Rs. 10 crore payout ensures that your loved ones can handle expenses, repay debts, and plan their future even in your absence.

Tax efficiency:
Premiums qualify for deductions under Section 80C, and death covers are tax-free under Section 10(10D).

Support for long-term goals:
Whether it is higher education, marriage, or starting a business, this plan helps secure your children’s milestones.

Ideal for HNIs and professionals:
Entrepreneurs, doctors, IT professionals, and business owners with high liabilities can use it to protect against financial disruptions.

Business continuity support:
Can be used in keyman insurance, loan collateral, or succession planning.

Many users like you check premiums first. Why not check yours now? Click on Get Quote to know the details.

What are the coverage options for high-net-worth individuals?

For HNIs and financially affluent individuals, one-size-fits-all policies fall short. A Rs. 10 crore term insurance plan offers flexible options to personalise coverage based on lifestyle, liabilities, and legacy planning goals.

Popular customisation options include:

Increasing cover plans:
The sum assured increases annually to match inflation and lifestyle growth.

Return of premium:Get all your paid premiums back if you survive the policy term with return on premium option in term insurance.

Joint life coverage:
Cover both spouses under a single policy—ideal for dual-income households.

Critical illness and health riders:
Add protection against cancer, cardiac conditions, or disability without buying separate health insurance.

Payout flexibility:
Choose lump sum or staggered monthly income so your family gets steady support over time.

Global coverage:
Stay protected even if you travel or relocate abroad.

Compare custom options in one place → Use our term insurance comparison tool to find your ideal match. Explore plans now with just your phone number.

How do you qualify for a Rs. 10 crore policy?

Getting approved for a ₹10 crore term insurance policy is not just about affordability—it’s about eligibility. Insurance providers assess your profile based on income, age, occupation, health, and lifestyle habits.

Here is how you qualify:

Minimum annual income requirement:
Most insurers require a minimum income of Rs. 50–60 lakh per annum. However, this requirement may vary from insurer to insurer and policy you would like to choose.

Age bracket:
Ideally between 25 to 45 years to get suitable premium rates and acceptance.

Professional and financial background:
Salaried professionals must show salary slips and Form 16. Business owners require ITRs, balance sheets, or audited accounts.

Medical history and health check:
Comprehensive medical screening is often mandatory for high sum assured. Applicants with lifestyle diseases may be accepted with a premium loading.

Lifestyle assessment:
Non-smokers and those with clean health records are offered better terms.

Insurance exposure limit:
The insurer will also consider your total insurance exposure (across other policies) before issuing a new one.

Income proof is key—but eligibility varies. If you are still exploring, do not wait till your next health check. You can lock-in your eligibility today. Verify by clicking on Get Quote to view plan options.

What are the premiums and tax advantages of high coverage term insurance?

Premiums for a Rs. 10 crore term plan depend on your age, health, income, policy tenure, and optional riders. The earlier you buy, the more affordable it becomes. Even with high coverage, term insurance remains one of the most cost-effective protection tools available.

How much can it cost?
For a healthy 30-year-old non-smoker, premiums can start from just Rs. 1,200-Rs. 1,500 per month for a Rs. 10 crore cover.

Key premium insights and tax benefits:

Premium efficiency:
Lower premiums for younger age brackets. Also, pay annually to save more vs. monthly instalments.

Tax benefits on premiums:
Claim up to Rs. 1.5 lakh per year under Section 80C.

Tax-free payout:
The sum assured received by your nominee is completely exempt under Section 10(10D).

HRA + insurance combo:
If you are salaried, club your Section 80C with HRA and NPS deductions for optimal savings.

GST on premium:
GST is applicable on premium payments; however, the tax benefit offsets this to an extent.

Conclusion

Do not leave your family’s future to chance. A Rs. 10 crore term insurance plan ensures your life’s work becomes your loved one’s financial safety net. The longer you wait, the higher your premium goes. You need to simply:

• Compare multiple plans
• Check your premium instantly
• Talk to an expert advisor if required

[Start now and Get Quote – Just enter your mobile number for instant access](You will receive a secure OTP to personalise your quote and plan options.)