Insurance
The only insurance number that matters: does it pay?
A cheap policy that fights every claim is worthless. We rank term and health plans on their claim settlement ratio first — how often they actually pay — then price and features.
Quick answer
The best insurance in India is from insurers with high claim settlement ratios (97%+ for term life) — not the cheapest premium. Buy pure term cover of 10–15× your annual income if anyone depends on you, and separate health insurance of ₹5–25 lakh even if your employer provides cover.
Your age
28What matters most to you?
Best fit for you
Max Life Smart Secure Plus
99.7% claims paid · 99% of value · low premium
- Pays 99% of claim value — the number that counts when your family files.
- 99.7% claim settlement ratio — claims almost always get paid.
HDFC Life Click 2 Protect Super
99.5% claims paid
Pays 98.7% of claim value — the number that counts when your family files.
Tata AIA Sampoorna Raksha Promise
99.1% claims paid
Pays 98% of claim value — the number that counts when your family files.
Compare every term plan
| Plan | Claims paid | Value paid | Solvency | Premium | Cover to age |
|---|---|---|---|---|---|
| HDFC Life Click 2 Protect Super | 99.5% | 98.7% | 1.9 | mid | 85 |
| Max Life Smart Secure Plus | 99.7% | 99% | 2 | low | 85 |
| ICICI Prudential iProtect Smart | 97.8% | 96.2% | 2 | mid | 85 |
| LIC Tech Term | 98.7% | 95% | 1.9 | high | 80 |
| Tata AIA Sampoorna Raksha Promise | 99.1% | 98% | 2.1 | low | 100 |
| Bajaj Allianz Life eTouch | 99% | 97.1% | 4.9 | lowest | 85 |
The 60-second version
Term life: if anyone depends on your income, get pure term cover of roughly 10–15× your annual salary. Ignore “money-back” and ULIP plans — they mix insurance with bad investing and do neither well. Full guide.
Health: get your own cover even if your employer provides some — theirs vanishes the day you switch jobs. Look for no room-rent cap and a restoration benefit above all.
Buy young. Premiums are locked at your entry age, so a policy at 25 costs a fraction of the same cover at 40 — for life.
Not sure how much cover you need? Read the guides.
Common questions
- Which is the best term insurance in India?
- Pick a pure term plan from an insurer with 97%+ claim settlement ratio, disclose health honestly, and buy 10–15× your annual income. Avoid ULIPs and money-back policies — they mix insurance with investing poorly.
- How much health insurance do I need?
- Minimum ₹5–10 lakh for individuals, ₹10–25 lakh for families in metros. Get your own policy even if your employer covers you — employer cover vanishes when you switch jobs.