In summary

Term insurance is a financial tool that offers high coverage at affordable premiums, making it an essential part of any financial plan. The death cover received after the insured's death helps the family manage their finances, debts, and other essential expenses.

• Term insurance for Rs. 1 crore offered through Bajaj Finance Insurance Mall starts at Rs. 14/day*.
• Premiums paid towards term insurance are eligible for tax deductions under the Income Tax Act 2025, subject to tax conditions.
• Death cover received is also eligible for tax exemption under the Income Tax Act 2025, subject to tax conditions.

Term insurance is not only cost-effective but also provides peace of mind. Explore the plans and get quote!

For example, a 30-year-old non-smoker can buy a term insurance policy with a sum assured of Rs. 1 crore for around Rs. 14 per day*, which works out to roughly Rs. 425 a month (the premium may differ from insurer to insurer and the plan chosen). This keeps substantial cover within reach even for those with modest incomes.

Why this matters: In the event of an untimely demise, the payout from a term insurance policy can help your family manage expenses, clear debts, and maintain their standard of living.

Pro tip: Use a premium calculator to estimate your monthly costs and find a plan that fits your budget.

Term Insurance ensures financial security with high cover at low premiums. Don’t wait—protect your loved ones today! Check plans and get a quote!

For example, if you have a home loan or any other significant liability, a term insurance policy ensures that your family will not have to bear the burden of repayment. Similarly, it can help fund long-term goals like your child’s higher education or marriage.

Why this matters: Life’s uncertainties should not derail your family’s future. A term insurance policy ensures that their dreams and aspirations are not compromised, even if you are not around.

Secure your family’s future milestones—Explore term insurance plans today and get a quote!

These savings can be meaningful, especially in higher tax brackets. So term insurance gives you a dual advantage — protection for your family and a lower taxable income.

Tax laws are subject to change. BFL does not provide Tax/Investment advisory services. Please consult your advisors.

Additionally, you can enhance your coverage with optional riders such as:

• Critical illness rider: 

Provides a lump-sum payout if you are diagnosed with a critical illness like cancer or heart disease.

• Accidental death rider: 

Offers additional compensation in case of death due to an accident.

• Waiver of premium rider: 

Waives future premiums if you become permanently disabled or are diagnosed with a critical illness.

Why this matters: Flexibility ensures that your term insurance policy evolves with your changing life stages and financial responsibilities.

Pro tip: Align your policy term and riders with key milestones such as loan repayment or your child’s education.

Personalize your term insurance with riders—Compare plans now and get a quote!

Moreover, many insurers offer a free-look period, allowing you to review the policy terms and opt out if you are not satisfied—ensuring a risk-free purchase decision.

Why this matters: Term insurance is not just a financial product; it is a promise to protect your loved ones and their aspirations.

Enjoy peace of mind with guaranteed coverage—Get instant quotes in just a few steps!

Term insurance is more than just a financial product—it is a commitment to your family’s well-being. With its affordability, high coverage, tax benefits, and flexible options, it is an indispensable tool for securing your loved ones’ future.

Do not wait for tomorrow to protect what matters most. Take the first step today by exploring term insurance plans that align with your needs and budget. Compare plans and get a quote!