A 25 crore term insurance plan functions just like any standard term plan but with a significantly higher sum assured. You pay a regular premium for the policy term, and if something unfortunate happens to you during that term, your nominee receives the entire Rs. 25 crore.
Here’s how it works, step by step:
Choose your policy term and premium payment mode:
Select based on your income, age, and future goals—monthly, annual, or limited pay options.
Choose coverage add-ons (riders):
Enhance your policy with accidental death cover, critical illness, or waiver of premium riders.
Medical underwriting and documentation:
Based on age and coverage amount, medical tests may be required. Full transparency increases approval speed.
On approval, the policy gets activated:
Once issued, the coverage begins immediately, and you get peace of mind.
If the policyholder passes away during the term:
The nominee receives the entire 25 crore sum assured which is generally exempt from tax under Section 10(10D).
Want to see your premium, tenure options, or rider benefits? Compare plans in seconds and get quote!
Key benefits of getting a 25-crore term insurance policy
With the right policy, you do not just protect your family’s present—you empower their future. Here are the core advantages:
Massive coverage at optimal cost:
High coverage, especially when bought early, means you pay less for more.
Customisable policy features:
Add riders for comprehensive protection—accident cover, illness, income replacement, etc.
Premiums qualify under Section 80C, and payouts under Section 10(10D).
Financial independence for your loved ones:
Enables your family to maintain their lifestyle, career plans, and dreams.
Peace of mind and legacy assurance:
Knowing your hard-earned assets and efforts are protected provides lifelong mental security.
Your plan, your way. Compare features and start securing your future now – Get Quote!
Tips to choose a 25-crore term insurance policy
Choosing a 25-crore policy is a long-term commitment, so make your decisions wisely. Here are simple and smart ways to go about it:
Opt for insurers with high claim settlement ratios and robust digital support.
Use a term insurance premium calculator:
Enter your age, income, and tenure to compare premiums instantly.
Check claim settlement process and speed:
Quick, transparent processes are a must. Look for digital claim intimation and zero documentation options.
Understand exclusions and fine print:
Know what’s not covered—suicide clauses, waiting periods, etc.
Choose flexible payout options:
Lump-sum, staggered monthly income, or a mix based on your family’s needs.
Smart choices lead to secure futures. Check your premium and shortlist plans today – Get Quote!
Key factors to consider when buying a 25-crore term insurance policy
Beyond the plan itself, consider these critical aspects to ensure your insurance aligns with your lifestyle and goals.
Your current and future income:
Make sure your premium is affordable throughout the tenure.
Dependents and lifestyle expenses:
Factor in school fees, EMIs, retirement planning, and medical needs.
Choose terms that align with when your financial responsibilities will reduce.
Decide whether you want to pay yearly, monthly, or over a limited period.
Riders are inexpensive but can significantly enhance coverage.
When should you buy a 25-crore term insurance policy?
Timing is everything. And with term insurance, earlier is always better—for cost, coverage, and ease of approval.
Buy early for lower premiums:
Premiums are lowest in your 20s and 30s. Do not wait till health issues start showing.
Before major life events:
Marriage, parenthood, business expansion? Secure your goals before they increase your liabilities.
When you start earning significantly:
If you are in a new income bracket, your coverage should reflect your new responsibilities.
Before health risks set in:
Pre-existing conditions can lead to higher premiums or rejection.
Conclusion
A 25-crore term insurance plan is more than just a financial product—it's a long-term commitment to your family’s dreams and security. With flexible options, rider benefits, and legacy protection, it’s a step toward worry-free living.