Term Insurance that puts your family first.
The purest, cheapest way to replace your income if you're no longer around. No maturity payout, no investment mix-up — just a straightforward promise: your family gets the cover amount, tax-free, when they need it most. We compare 14 insurers so you get the right cover at the right price.
96.4%
Claim settlement (assisted)
What is term insurance?
A promise that your family won't struggle.
Term insurance is a legal contract: in exchange for regular premiums, the insurer pays a defined sum to your nominees if you pass away during the policy term. It is the single most important financial product for anyone whose family depends on their income.
Income replacement
If you earn ₹12L/year, your family needs ₹1.8–2.4 Cr invested at 6-7% to replicate that income. Term insurance provides that corpus on day one.
Loan & liability cover
Your home loan, car loan and credit card balances don't disappear when you do — term cover ensures the EMI burden doesn't fall on your family.
Tax savings
Premiums qualify for deduction under Section 80C (up to ₹1.5L/year); death proceeds are tax-free for your nominees under Section 10(10D).
Critical illness cover
A standalone CI rider pays a lump sum immediately on diagnosis of cancer or a cardiac event — independent of treatment cost — so you can focus on recovery.
Plan features
What's inside a modern term plan.
Today's term plans go well beyond a flat death benefit.
Payout structure choice
Lump sum, monthly income, or a lump sum + income combination — structured around how your family would actually use the money.
Cover till 99/100
Whole-life term variants extend cover well beyond retirement age for estate planning needs.
Increasing/level cover
Choose level cover, or an increasing sum assured that keeps pace with inflation and rising liabilities.
Riders
Critical illness, accidental death, and waiver of premium riders available for a small additional premium.
Coverage details
How much cover should you actually buy.
A working rule: 15-20× annual income, plus outstanding loans, plus ₹5L per dependant.
Annual income ₹6L
Illustrative cover band using the 15-20× rule.
Annual income ₹12L
Illustrative cover band using the 15-20× rule.
Annual income ₹24L
Illustrative cover band using the 15-20× rule.
Annual income ₹50L
Illustrative cover band using the 15-20× rule.
Claim process
From conversation to cover, in days.
And if the worst happens, our claims desk takes over entirely.
Audit existing cover
We review all existing policies, riders and liabilities. Most clients are either underinsured or holding the wrong product.
Quote from 14 insurers
You see a side-by-side comparison — premium, claim settlement ratio, exclusions and solvency margin.
Application & medicals
We handle the proposal form, arrange medicals if required, and manage underwriting queries on your behalf.
Claim support
If the worst happens, our dedicated claims desk takes over entirely. Last 5 years: 96.4% of assisted claims settled at first submission.
Frequently asked
Common questions, honestly answered.
Buy early. Buy enough. Tell the truth.
Get a callback from our life desk for a side-by-side term insurance comparison across 14 insurers.
Disclaimer: Insurance is the subject matter of solicitation. Please read the policy wordings carefully before purchasing. Tax benefits are subject to changes in applicable tax laws. The company reserves the right to accept or reject any proposal at its sole discretion. Claim settlement is subject to policy terms and conditions. Pingale Financial Services · IRDAI Corporate Broker License No. CB-XXXXXXX/XX/2024.