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At Equentis Investech, we don’t just help you buy a policy, we help you choose the right protection for your life goals.
We help you compare multiple insurers to find the best fit
Simplified advice without jargon or confusion
Plans tailored based on your income, lifestyle, and responsibilities
From choosing a plan to claim assistance
No hidden agenda only what’s best for you
With us, you don’t just buy insurance, you make an informed decision
Term insurance is the simplest form of life insurance—designed with one clear purpose: to financially protect your family if you’re not around.
You pay a fixed premium for a chosen period (say 20, 30, or 40 years), and in case of an unfortunate event during this time, your nominee receives a lump sum payout (sum assured).
This payout can help your family manage everyday expenses, repay loans, and continue their lifestyle without disruption.
Unlike traditional insurance plans, term insurance focuses purely on protection, which is why you get a much higher coverage at a lower premium.
Life is unpredictable, but your family’s financial stability shouldn’t be.
Term insurance ensures that your loved ones don’t have to compromise on their lifestyle or goals in your absence.
Your family continues to receive financial support even if you’re not there
Home loans, personal loans, or liabilities won’t become a burden
Helps fund children’s education, marriage, and long-term goals
You can focus on building your future knowing your family is protected
High coverage at a relatively low premium
In simple terms, term insurance is not an expense it’s a financial safety net.
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Features
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Eligibility
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Minimum Entry Age
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18 years
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Maximum Entry Age
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65 years
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Minimum Policy Tenure
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5 years (varies by insurer)
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Maximum Policy Tenure
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No limit (varies by insurer)
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Who Can Purchase
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Salaried, self-employed, professionals, housewives
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Available for NRIs
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Yes
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Here’s why it’s essential:
A good rule is 10–15 times your annual income, adjusted for your liabilities and future goals.
The earlier, the better. Buying in your 20s or early 30s ensures lower premiums for life.
If your goal is pure protection at low cost, term insurance is the best option.
Traditional term plans don’t offer maturity benefits, but return-of-premium plans do.
Yes, NRIs can purchase term insurance plans in India, subject to insurer policies.
Most policies offer a grace period. If not paid, the policy may lapse.
Yes, but premiums are higher. Always declare your smoking habits honestly.
Some policies allow incremental cover increase at key life stages like marriage or childbirth.
Premiums and benefits may be eligible for tax benefits under applicable laws.
In case of an unfortunate event, the nominee submits documents, and the insurer processes the payout.