Get life cover and receive your money back if you outlive the policy term.
Offers dual advantage: protection plus a payout if you survive the term.
Helps turn your insurance into a return-based investment.
Ideal for individuals who want coverage with a safety net for the future.
Guarantees a maturity amount for disciplined savers.
Explore and compare personalised return-of-premium term plans and get quotes in seconds!
Do term insurance policies come with maturity benefits?
Yes—look for TROP (Term Return of Premium) plans that combine cover with returns.
Premiums are returned if no claim is made during the policy term.
Offers both financial protection and peace of mind.
Helps preserve your investment, even if life goes as planned.
Works as a dual-purpose tool: protection + forced savings.
Check if a TROP plan fits your long-term financial strategy → Get Quote now!
Key benefits of term insurance with maturity benefits
Opting for a term plan with maturity benefits comes with several key advantages:
Dual benefit: Provides life cover and financial returns at maturity.
Financial discipline: Encourages regular saving through premium payments.
Guaranteed payout: Even if the policyholder survives, they get a maturity benefit.
Flexibility: Some policies allow riders for added protection.
Tax benefits: Premiums paid and payouts received may be eligible for tax deductions.
How to apply for term insurance with maturity benefits?
Applying for term life insurance with maturity benefit is a straightforward process:
- Research plans: Compare various policies offering maturity benefits.
- Consult an advisor: Seek expert advice to understand the policy terms.
- Submit documents: Provide the necessary paperwork, including ID proof, income proof, and health declarations.
- Review the premium: Choose a premium payment option that suits your budget.
- Finalise the policy: Once approved, make the premium payments and activate the policy.
Check your eligibility and start your application in just a few clicks – Get Quote!
Eligibility criteria for term insurance with maturity benefits
To apply for a term life insurance plan with maturity benefits, you must meet specific criteria, which can include:
- Age range: Most policies are available to individuals between 18 and 60 years.
- Income: The sum assured depends on your income level and ability to pay premiums.
- Health conditions: Some policies may require a health declaration or medical test.
- Policy tenure: The minimum policy term usually ranges from 10 to 30 years.
- Premium payment: Regular premium payments are required to maintain the policy.