Do I need a medical checkup for term insurance?

Requirements vary by age and sum assured. InsurDeck can recommend plans with minimal medical checks.

Can term insurance pay cover loan repayments?

Yes, term insurance can be used to secure loans for your family and dependents.

How do I choose the right tenure for my plan?

Our advisors help you match tenure with your age, needs, and goals for the right balance of protection and value.

Are term insurance premiums fixed?

Most term plans offer fixed premiums for the coverage period. Consult InsurDeck for the latest plan details.

Can InsurDeck help me switch term insurance providers?

Yes. We can guide you through portability, comparisons, and ensuring benefits transfer.

The Right Term Plan, Without the Guesswork

Choosing the right cover shouldn’t be confusing. With InsurDeck, you get a term plan that ensures your family’s financial security, without overpaying for unnecessary extras.

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Simple Choices, Strong Protection

At InsurDeck, we believe term insurance should adapt to your life—not the other way around. Here’s how we make it flexible, transparent, and family-first

Flexible Durations

Choose how long you want to stay covered—10 years, 20, or more. No one-size-fits-all, just what works for your life stage.

Family-First Add-ons

Add riders for critical illness, disability, or kids’ education—because every family’s needs are unique.

Budget-Friendly Payments

Pick monthly, quarterly, or annual payments—designed to protect without straining your pocket.

Straightforward Terms

Benefit from straightforward language and transparent conditions, no hidden clauses.

Renewal Assurance

Even if your health changes, you can renew your cover—no extra medical hoops to jump through.

Always-On Support

From questions today to claims tomorrow, our advisors stay just a call away.

Term Insurance That Protects More Than Just Numbers

Term insurance isn’t just about premiums and payouts—it’s about turning uncertainty into reassurance. With InsurDeck, you don’t just buy cover; you gift your family freedom from financial ‘what-ifs.’

Powerful Cover, Everyday Cost

Think Netflix money, but it safeguards your family’s future dreams—big protection, small spend.

Future-Proofing Life Goals

From your child’s education to your partner’s peace of mind, term plans ensure dreams don’t pause when life does.

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No Hidden Math, Only Straight Talk

We cut the jargon and fine print, giving you clarity that lasts longer than the policy itself.

Your Family’s Security Is Just a Click Away

Don’t wait for someday — lock in the right life cover today and ensure your loved ones never face financial uncertainty.

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Life’s Journey, Covered with Clarity

At InsurDeck, we believe term insurance isn’t just about money—it’s about ensuring your family’s story continues without financial roadblocks. Think of it as a safety net stitched with care, foresight, and commitment.

Financial Safety Net

Life can throw curveballs, but your family shouldn’t have to pause their dreams because of it. With a well-planned cover, their lifestyle, goals, and aspirations stay right on track.

What it means for you:

Clears loans and big-ticket debts (home, car, personal)

Steady income flow for your loved ones

Children’s dreams—education, weddings, milestones—funded without compromise

Smooth handling of medical or final expenses without extra burden

Secure My Family’s Tomorrow

Peace Beyond Numbers

Money can’t erase grief, but it can ease the weight of uncertainty. Our term plans give your loved ones breathing space to focus on what truly matters—healing, resilience, and hope.

What it means for you:

No late-night worries about family’s future security

Consistent stability through life’s toughest phases

A lasting promise fulfilled even in your absence

Emotional space for recovery without financial stress

Give My Loved Ones That Peace

Ready to Build Your Family’s Safety Net?

At InsurDeck, we don’t push policies—we guide you to the right term insurance fit for your life and budget. Let’s make tomorrow secure, one conversation at a time.

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Making Term Insurance Human: The InsurDeck Way

Your family’s tomorrow deserves more than a confusing brochure. With InsurDeck, term insurance becomes a guided journey—where we listen, decode the details, and help you secure protection that feels personal, not packaged

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1 Share Your Story with Us

Because your life isn’t “one-size-fits-all.”

We begin by listening—your dreams, responsibilities, and worries. Are you planning your child’s education? Managing a home loan? Thinking about your parents’ security? This step is about you, not the policy.

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2 InsurDeck Decodes the Details

Turning insurance jargon into real talk.

Here’s where our expertise comes in. We break down term insurance options in everyday language—explaining coverage, costs, and conditions clearly. With InsurDeck on your side, you’ll see how each choice protects your family, not confuse you.

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3 Secure Tomorrow, Your Way

You choose, we guide—peace of mind guaranteed.

Once everything is clear, we help you finalize a plan that fits your budget and life stage. With InsurDeck, it’s never about “the cheapest” or “the biggest” plan—it’s about the right shield for your tomorrow.

Let’s Find the Right Term Cover for You

Answer a few quick questions and we’ll match you with a plan that truly fits your needs.

Your Term Plan Guidebook

“How much term insurance cover is enough?” is the #1 question Indian families ask us at InsurDeck.

The truth: term insurance is not an investment — it’s a pure protection plan. The only purpose of choosing the right cover is to make sure your family can live comfortably if your income suddenly stops.

Here’s how to decide the right cover:

Thumb Rule: 10–15× your annual income + any unpaid loans = your minimum term cover.

Example: If you earn ₹12 lakh/year and have a ₹40 lakh home loan → aim for ₹1.6–2.2 crore cover.

Why it matters: In India, education and healthcare inflation rises ~10–12% yearly. A smaller cover today may mean your family struggles tomorrow.

Pure Safety Net: Term plans give the highest life cover for the lowest premium — unlike ULIPs or endowment policies, every rupee goes into protection.

IRDAI Safeguard: After 3 years, claims cannot be rejected except in fraud cases (Sec. 45, Insurance Act, 1938).

Buy Early: Term premiums are fixed for life. Buying at 28 vs 38 can mean paying half the premium for the same ₹1 crore cover.

💡 Think of term insurance as the safety net under a trapeze. The higher you climb in life (income, EMIs, goals), the stronger and wider that net needs to be — so your family doesn’t fall through.

👉 At InsurDeck, we help you calculate the right term cover for your family — tailored to your city, lifestyle, loans, and dependents — so you don’t end up overpaying or under-protecting.

📦 Did You Know?
All payouts from a term plan are tax-free under Section 10(10D) of the Income Tax Act.

Talk to an InsurDeck Term Expert

One of the most common surprises people face while buying term insurance is:

👉 “Why is one company offering ₹1 crore cover at ₹9,000/year, while another is charging ₹14,000/year?”

The truth is: premiums differ not because of hidden tricks, but due to risk factors and policy design. Here’s what matters in India:

Age at Entry: The younger you are, the lower the premium. A 28-year-old may pay half of what a 38-year-old pays for the same ₹1 crore cover.

Policy Term: Longer coverage (till 80 or 85 years) costs more than coverage till 60.

Smoker vs Non-Smoker: Smokers pay 30–50% higher premiums due to higher health risks.

Gender: Statistically, women live longer. In India, women often pay lower term premiums for the same cover.

Add-ons/Riders: Critical illness, accidental death, or waiver of premium riders increase cost.

Claim Settlement Record: Some insurers with higher claim settlement ratios may charge slightly more — you’re paying for reliability.

Online vs Offline: Buying online is often cheaper since agents/branch costs are removed.

💡 Think of premiums like train tickets. Two people may be going to the same city (₹1 crore cover), but if one travels by sleeper and the other by AC first class (different terms, riders, lifestyle), the ticket price changes.

👉 At InsurDeck, we compare premiums across insurers, terms, and add-ons so you know whether you’re paying more for real benefits or just because of fine print.

📦 Did You Know?
As per IRDAI rules, insurers must disclose their claim settlement ratio annually — making it easier for you to compare trust, not just price.

Ask InsurDeck: Why am I paying more?

Another common doubt we hear at InsurDeck is:

👉 “Should I take term insurance till age 60, 80, or lifelong (99 years)?”

The truth: there’s no one-size-fits-all answer. The right policy term depends on your earning years, family responsibilities, and financial goals.

Here’s how to decide:

Cover Till Retirement (60–65 years):

Ideal if you expect your children to be financially independent and loans repaid by retirement.

Premiums are much lower.

✅ Suitable for salaried individuals with clear financial plans.

Extended Cover (70–80 years):

Premiums are higher but gives extra security if you have late-life responsibilities (loans, dependent spouse, special-needs child).

✅ Popular with Indian families where dependents often rely longer.

Whole Life Cover (99/100 years):

Very expensive.

Works more like a legacy plan to leave behind tax-free money.

Not required for most families.

💡 Think of term duration like choosing how long you need an umbrella. If you know the rain will stop when you retire (60–65), you don’t need to keep carrying it forever. But if clouds may remain (loans, dependents), you might extend it.

👉 At InsurDeck, we review your income age, loans, dependent timeline, and city cost of living to guide you on the most cost-efficient term duration.

📦 Did You Know?
IRDAI allows policy terms up to 99 years — but most Indians don’t need such long cover.

Ask InsurDeck: Till What Age Should I Be Covered?

One of the most confusing parts of term insurance is whether to add riders.

👉 “Should I just take plain term cover, or add critical illness, accidental death, and waiver of premium?”

Here’s what you need to know:

Critical Illness Rider:

Pays a lump sum if you’re diagnosed with a listed illness (like cancer, stroke, heart attack).

Useful because medical costs in India can drain savings instantly.

Premium increases, but it adds protection beyond just death cover.

Accidental Death Rider:

Gives an extra payout if death is due to an accident.

Example: ₹1 crore base cover + ₹50 lakh accident rider = family gets ₹1.5 crore in case of accidental death.

Usually affordable.

Waiver of Premium Rider:

If you’re permanently disabled or critically ill, future premiums are waived but your cover continues.

Strong protection for uncertain times.

⚠️ But avoid overloading your policy. Riders are useful, but they should not replace a standalone health or accident policy.

💡 Think of riders as sidecars on a bike. The main bike (term cover) is what matters. Sidecars (riders) add comfort and safety, but only if they suit your journey.

👉 At InsurDeck, we help you decide which riders actually make sense for your life — so you don’t pay for add-ons you’ll never use.

📦 Did You Know?
IRDAI mandates clear disclosure of rider costs separately — so you always know how much extra you’re paying.

Ask InsurDeck: Should I Add This Rider?

The #1 fear Indian families have about term insurance is:

👉 “What if the insurer doesn’t pay my family when I’m gone?”

Here’s the truth, simplified:

IRDAI Protection (Section 45, Insurance Act, 1938): After 3 years, an insurer cannot reject a claim except in proven fraud cases. This is called the “3-year rule.”

Claim Settlement Ratio (CSR): Every insurer must publish their CSR each year. A higher CSR (95%+) means more claims are being paid.

Complete Disclosure = Safe Claims: Hiding smoking habits, health conditions, or existing policies can cause problems. Honest declarations ensure smooth payouts.

Nominee Rights: The nominee legally gets the claim amount directly, even if other relatives object.

Claim Process: Most insurers now settle claims within 30 days (once documents are in). IRDAI rules make delays costly for insurers.

💡 Think of claim settlement like a seatbelt. You don’t need it every day, but when an accident happens, it’s the difference between safety and disaster.

👉 At InsurDeck, we guide you to insurers with strong claim records and also help your family understand the claim filing process upfront — so they never face confusion later.

📦 Did You Know?
If a claim is delayed beyond 30 days, the insurer must pay penalty interest (as per IRDAI).

Ask InsurDeck: Which Insurer Has the Best Claim Record?

A lot of Indians first ask:

👉 “If term insurance doesn’t give maturity money, do I at least get tax benefits?”

The answer: Yes — both when you pay premiums and when your family receives the claim.

Here’s how it works in India:

Section 80C: Premiums you pay for term insurance are deductible up to ₹1.5 lakh per year.

Section 10(10D): Claim payouts to your family are completely tax-free, regardless of amount.

GST: Premiums include 18% GST, but the deduction still applies under 80C.

Who can claim: You can claim tax benefits if the policy is in your name, your spouse’s, or children’s.

No Double Deductions: If you already maxed out 80C with PF, ELSS, etc., term insurance won’t give extra benefit — but it’s still the cheapest way to secure crores of cover.

💡 Think of tax benefits as a cashback on protection. You’re not just securing your family — the government also rewards you with deductions.

👉 At InsurDeck, we help you structure your insurance so you don’t miss out on any deductions and choose cover that fits both your financial plan and tax plan.

📦 Did You Know?
If your annual premium is less than 10% of the sum assured, the full payout remains tax-free under Section 10(10D).

Plan My Cover + Tax Savings

The most expensive mistake we see at InsurDeck is people delaying term insurance.

👉 “I’ll buy when I’m older or after I take a home loan.”

But waiting costs more than you think.

Here’s why timing matters in India:

Premiums lock for life: If you buy at 28, your ₹1 crore cover premium stays the same for the next 30 years. Buy at 38, and you could pay 50–70% higher for the same cover.

Health check-ups: Younger = usually healthier. Once health issues like diabetes, BP, or cholesterol appear, insurers either increase your premium or deny cover.

Family Responsibilities Grow: The earlier you secure a term plan, the more your family is protected against EMIs, school fees, or dependent parents.

Loan Approvals: Banks prefer borrowers with life cover. Having term insurance in place often smooths housing loan approvals.

Peace of Mind: The earlier you start, the earlier your family is protected — even if responsibilities increase tomorrow.

💡 Think of term insurance like booking a train ticket. Book early → lowest price, guaranteed seat. Wait till last minute → higher cost, limited options.

👉 At InsurDeck, we guide you on the right age and stage to buy — so you don’t end up paying extra or missing protection when it’s needed most.

📦 Did You Know?

As independent consultants, we compare premiums across multiple insurers for your exact age and health profile — so you see how much waiting would actually cost you, in real numbers.

Talk to InsurDeck: Should I Wait or Buy Now?

Buying term insurance isn’t just about the lowest premium — it’s about choosing a company that will actually pay your family without hassle.

At InsurDeck, we guide clients to look beyond ads and compare real factors that matter in India:

Claim Settlement Ratio (CSR): IRDAI publishes this yearly. A CSR above 95% means most claims get paid. But don’t just stop at the number — see how many claims were actually handled.

Solvency Ratio: This shows whether the insurer has enough money to pay large claims. IRDAI requires a minimum of 1.5.

Claim Experience: Some insurers settle faster, while others delay. For families, time = survival.

Service Quality: From medical tests to claim assistance — smooth or painful?

Digital vs. Physical Support: Some insurers have good apps, others rely on branch visits. Which works for your family?

Past Complaints: IRDAI’s annual report also shows how many grievances were filed and resolved.

💡 Think of choosing an insurer like picking a school for your child. You don’t go by fee alone — you see results, safety, support, and reputation.

👉 At InsurDeck, we don’t sell one company’s policy. We compare insurers across all these parameters and recommend who is truly reliable for your family — not just cheapest today.

📦 Did You Know?

Many people in India pick insurers only by lowest premium — but IRDAI reports show that some of those companies have higher complaint ratios and slower claim settlements. Checking beyond the price tag can save families from months of financial stress.

Compare Insurers with InsurDeck

Life gets busy — a missed EMI or bill is common. But what if you miss a term insurance premium?

Here’s what really happens under IRDAI rules:

Grace Period: Insurers give you 15 days (monthly mode) or 30 days (annual/quarterly mode) after the due date to pay without losing cover.

Still Protected During Grace: If death occurs during the grace period, your nominee can still claim (after deducting the unpaid premium).

Policy Lapse: If you don’t pay within grace, the policy lapses → your family is left unprotected.

Reinstatement: You can revive within 2–5 years (varies by insurer) but you’ll need to pay all pending premiums with interest and maybe undergo a fresh medical.

No Refunds: Term plans don’t return past premiums if you let the policy lapse.

💡 Think of premium payment like keeping your car’s headlights on during night driving. One switch off, and you’re suddenly in the dark.

👉 At InsurDeck, we help clients set auto-pay reminders and track policies so you never risk losing cover by accident.

📦 Did You Know?

In India, over 40% of term insurance policies lapse within the first 5 years, mostly due to missed premiums. That means lakhs of families are left without any protection just because of a forgotten payment.

Set a Free Reminder with InsurDeck

When you buy a term plan, you’ll often see two options:

Level Cover: Your sum assured stays the same throughout the policy term.
Example → If you buy a ₹1 crore cover at 30, your family will always get ₹1 crore whether the claim is at age 35 or 55.

Increasing Cover: Your sum assured automatically increases every year (usually 5–10%) until a cap.
Example → If you start with ₹1 crore, after 10 years at 5% growth, your cover becomes ₹1.6 crore.

Which is better?

✅ Level Cover works best if you already have high cover and don’t expect big lifestyle cost jumps.

✅ Increasing Cover protects you from inflation (education & healthcare costs in India rise 10–12% yearly) without needing to buy another policy later.

💡 Think of it like train tickets. If you book only for today’s price, you’ll struggle later when fares rise. Increasing cover is like booking a flexible ticket that adjusts with time.

👉 At InsurDeck, we calculate whether a fixed or growing cover suits you better based on your age, income growth, and family goals.

📦 Did You Know?

In India, an increasing term plan is often cheaper than buying a fresh policy later, because your health at the start is “locked in” — even if you develop medical issues over time.

Find Out If You Need Increasing Cover

Term Insurance Questions
We Hear Every Day

Do I need a medical check-up before buying life insurance?

Most term plans in India require a basic medical test (blood, urine, vitals). It’s not to reject you, but to set the right premium and avoid disputes later.At InsurDeck, we guide you towards insurers with transparent medical rules.

Are life insurance payouts taxable in India?

In most cases, life insurance death benefits are fully tax-free under Section 10(10D). Only exception: if annual premium is above ₹5 lakh in certain savings-type policies (not term). InsurDeck ensures you pick tax-efficient policies so your family gets the full benefit.

How do riders actually work – are they worth the extra cost?

Riders like critical illness, accidental death, waiver of premium add focused protection. Instead of overpaying for multiple policies, InsurDeck helps you bundle the right riders into one plan.

What happens if I miss paying premiums?

Life insurance policies in India usually give a 30-day grace period. If you miss it, the policy may lapse – but you can revive it with penalties and fresh health checks..At InsurDeck, we set renewal reminders so your policy never slips.

Can NRIs buy life insurance in India?

Yes! Most Indian insurers allow NRIs/PIOs to buy term plans – premiums can be paid in INR. Medical tests may be required in India or abroad (depending on insurer).InsurDeck helps NRIs pick policies that allow seamless claim settlement in India for their families.

What is the maximum cover I can get in India?

There’s no fixed cap – it depends on income & liabilities. Salaried people usually get up to 20x annual income; business owners may get higher with documents. InsurDeck knows which insurers are more flexible, so you don’t hit limits.

Can I increase my cover later as my income grows?

Yes! Many term plans allow “step-up” options or new policies later. But premiums rise with age.InsurDeck helps you pick plans with flexible upgrade options, so your cover grows with your career.

What if I already have employer-provided life cover?

Employer cover is a bonus, not a substitute. It ends when you switch jobs, retire, or the company changes terms.At InsurDeck, we calculate how much extra cover you actually need beyond your job’s policy.

How do insurers decide my premium?

Premiums depend on age, health, habits, job profile, cover size & tenure. InsurDeck runs a multi-insurer comparison so you know who offers the best rate for your profile.