Choosing the right life insurance policy is essential for protecting your family’s financial future. In 2025, the focus remains on term insurance, endowment, ULIPs, and whole life plans with high claim-settlement ratios (CSRs) and flexible benefits. Below are the top policies worth considering:
1. LIC Tech Term Plan
LIC’s online term policy, the Tech Term Plan, offers affordable coverage from ₹50 lakh to ₹2 crore for individuals aged 18–65 years. With a CSR of around 98.5%, it combines trust, reach, and digital convenience.
More details: https://www.mahatait.in/best-life-insurance-plans-in-india-for-2025/
2. HDFC Life Click 2 Protect Super (Click 2 Protect Life)
This highly customizable term insurance offers three variants—Life, Life Plus, Life Goal—with coverage up to age 85. It features optional riders for critical illness and premium waiver, 99%+ CSR, and affordable premiums for non-smokers.
More details: https://abhikhabatak.com/best-term-insurance-plans-india-2025/
3. ICICI Prudential iProtect Smart Term Plan
With a CSR near 98%, this plan provides extensive protection including terminal illness, accidental death, waiver of premiums, and critical illness coverage of up to 34 conditions. Coverage extends to age 99.
More details: https://abhikhabatak.com/best-term-insurance-plans-india-2025/
Reddit user recommendation:
“ICICI Pru iProtect Smart is affordable with extensive coverage.” (Source: turn0search10)
4. Max Life Smart Secure Plus (Axis Max Life Smart Term Plan Plus)
Offering unbeatable flexibility, this plan lets you choose payout modes, return of premium, critical illness, and premium break options. It has a top CSR of 99.6% and features like doubling premiums on surrender.
More details: https://moneymarsh.com/top-term-insurance-plans-in-india-for-2025/
5. Tata AIA Sampoorna Raksha Supreme
This plan delivers whole-life coverage up to age 100 with inbuilt terminal illness benefit. It allows cover increases at life stages and offers riders for critical illness and disabilities. CSR stands at ~99.1%.
More details: https://moneymarsh.com/top-term-insurance-plans-in-india-for-2025/
6. SBI Life eShield Next
eShield Next offers increasing and level cover options with riders like accidental death and terminal illness. CSR is around 98% and it supports online purchase with geared benefits for women and non-smokers.
More details: https://www.mahatait.in/best-life-insurance-plans-in-india-for-2025/
7. Bajaj Allianz eTouch II (Smart Protect Goal)
Featuring high CSRs over 99%, this affordable term plan includes critical illness, disability riders, return-of-premium options, and premium holiday choices.
More details: https://abhikhabatak.com/best-term-insurance-plans-india-2025/
8. LIC Jeevan Anand
One of LIC’s most popular endowment plans, Jeevan Anand combines insurance with savings. It offers guaranteed bonuses and maturity benefits, making it suitable for those seeking disciplined savings.
More details: https://www.inventiva.co.in/trends/best-life-insurance-policies/
9. HDFC Life Click2Wealth (ULIP)
ULIP plans like Click2Wealth offer market-linked returns with flexibility to switch between funds. It supports unlimited free switches and offers return of mortality charges, alongside long-term wealth creation.
More details: https://www.inventiva.co.in/trends/best-life-insurance-policies/
10. SBI Life Wealth Assure (ULIP)
Combining investment and protection, Wealth Assure provides guaranteed additions, flexible premium payment options, and loan facility against the policy—ideal for disciplined investors.
More details: https://www.inventiva.co.in/trends/best-life-insurance-policies/
📊 Comparison Table for Key Term Plans
| Plan Name | CSR (%) | Coverage Term | Special Features |
|---|---|---|---|
| LIC Tech Term | 98.5 | Up to 65 yrs | Digital, low-cost |
| HDFC Life Click 2 Protect Super | ~99 | Up to 85 yrs | Critical illness & premium waiver riders |
| ICICI Pru iProtect Smart | ~98 | Up to 99 yrs | 34 CI cover + accidental death/waiver riders |
| Max Life Smart Secure Plus | 99.6 | Up to 80 yrs | ROP, premium breaks, flexible benefits |
| Tata AIA Sampoorna Raksha Supreme | 99.1 | Up to 100 yrs | Life-stage cover increases & terminal illness |
| SBI Life eShield Next | ~98 | Up to 100 yrs | Level/increasing cover with riders |
| Bajaj Allianz eTouch II | 99.2 | Up to 85 yrs | ROP, CI, disability riders, premium holiday |
✅ Why Choose Term Insurance First
Term insurance provides high coverage at low premium, with straightforward death benefits. For savings or investment needs, opt for ULIPs or endowment plans. Customize your strategy based on financial goals, risk appetite, tax planning, and protection needs.
🧠 Tips for Choosing a Life Insurance Policy
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Assess Your Coverage Needs – Aim for 10–15x your annual income as sum assured.
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Review CSR – Only consider insurers with CSRs above 97%.
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Pick the Right Riders – Add CI, disability, or premium waiver based on necessity.
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Opt for Online Issues – Many insurers offer discounts for online purchases.
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Choose Policy Term Wisely – Cover until retirement, debt-free period, or dependents’ independence.
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Compare Quotes – Use aggregators like PolicyBazaar for real-time pricing.
More info: https://www.policybazaar.com/
📌 What Reddit Users Share
“ICICI Pru iProtect Smart is affordable with extensive coverage.”—user endorsement from r/personalfinanceindia. (Source: turn0search10)
“Max life then HDFC and Tata” leads in CSR and support. (Source: turn0reddit22)
💡 Final Thoughts
Your life insurance should safeguard dependents during worst times. For pure protection, go term: LIC Tech Term, HDFC Click & ICICI iProtect are top options. Add investment plans if you seek long-term savings. Ensure you choose a plan aligned with your financial needs, life stage, and risk appetite.
