Term Insurance Comparison Compnay Comparison Benefits Name Attributes Tax benefit under Sec.

80c I Protect and Sec. ICICI Pru Plan 10(10D) of the Income Tax Act 1961 Tax benefit under Sec. 80c Aegon and Sec. I-Term Plan Religare 10(10D) of the Income Tax Act 1961 Tax benefit under Sec. 80c Kotak Life E-Preferred and Sec. insurance Term Plan 10(10D) of the Income Tax Act 1961 Tax benefit under Sec. 80c MetLife and Sec. Met Protect insurance 10(10D) of the Income Tax Act 1961 Future Smart Life Tax Min. Sum Assured Max. Sum Min. Assured Period Min. Max. Policy Age Age Term Entry Entry

NA

No Limit

2000

18 Yrs.

65 Yrs.

10 Years - 30 Years (10 / 15 / 20 / 25 / 30 )

10,00,000

No Limit

NA

18 Yrs.

65 Yrs.

5 Years 25 Years

25,00,000

No Limit

1800

18 Yrs.

65 Yrs.

5 Years 30 Years

25,00,000

No Limit

NA

18 Yrs.

60 Yrs.

10- 35 Years (regular) 10-15 Years (single)

10,00,000

49,99,999 NA

18

60

8- 30

Generali

Kotak Life Term Plan Insurance

Aviva Life iLife Insurance

Aviva Life Life Shield Insurance Plus

Met MetLife Suraksha Insurance Plus

benefit under Sec. 80c and Sec. 10(10D) of the Income Tax Act 1961 Tax benefit under Sec. 80c and Sec. 10(10D) of the Income Tax Act 1961 Tax benefit under Sec. 80c and Sec. 10(10D) of the Income Tax Act 1961 Tax benefit under Sec. 80c and Sec. 10(10D) of the Income Tax Act 1961 Tax benefit under Sec. 80c and Sec. 10(10D)

Yrs.

Yrs.

Years

3,00,000

24,99,999 2000

18 Yrs.

65 Yrs.

5- 30 Years

25 Lakhs

No Limit

NA

18 Yrs.

55 Yrs.

10- 35 Years

10 Lakhs

No Limit

2000

18 Yrs.

55 Yrs.

10- 30 Years

25,00,000(for non-smokers), No Limit 10,00,000 (others)

3600

18 Yrs.

55 Yrs.

10- 35 Years

of the Income Tax Act 1961 Tax benefit under Sec. 80c Amulya and Sec. LIC Jeevan - I 10(10D) of the Income Tax Act 1961 Tax benefit under Sec. 80c IDBI Termsurance and Sec. Fortis Protection 10(10D) of the Income Tax Act 1961 Tax benefit under Sec. 80c ING Life ING Term and Sec. Insurance Life 10(10D) of the Income Tax Act 1961 Tax benefit under Sec. 80c TATA and Sec. Raksha AIG 10(10D) of the Income Tax Act 1961 MAX Life Level Term Tax

25,00,000

No Limit

NA

18 Yrs.

60 Yrs.

5- 35 Years

5,00,000

No Limit

NA

18 Yrs.

65 Yrs.

10- 30 Years

10 Lakhs

Not NA Mentioned

18 Yrs.

65 Yrs.

10- 30 Years

5,00,000

Unlimited 2000

18 Yrs.

50 Yrs.

10- 25 Years

2.5 Lakhs

5 Crore

NA

18

55

5- 25

Insurance Policy

Term Birla Sun Insurance life Plan

HDFC Term STANdard Assurance Life

Reliance Life Term Plan Insurance

SBI Life Shield Plan Insurance

benefit under Sec. 80c and Sec. 10(10D) of the Income Tax Act 1961 Tax benefit under Sec. 80c and Sec. 10(10D) of the Income Tax Act 1961 Tax benefit under Sec. 80c and Sec. 10(10D) of the Income Tax Act 1961 Tax benefit under Sec. 80c and Sec. 10(10D) of the Income Tax Act 1961 Tax benefit under Sec. 80c and Sec. 10(10D)

Yrs.

Yrs.

Years

2,00,000

Protector plus plan NA (unlimited)

18 Yrs.

55 Yrs.

5- 25 Years

5,00,000

Not NA Mentioned

18 Yrs.

55 Yrs.

10- 30 Years

2,50,000

Not NA Mentioned

21 Yrs.

60 Yrs.

5- 30 Years

3,00,000

Not NA Mentioned

18 Yrs.

60 Yrs.

5- 25 Years

SAHARA SAHARA Life Kavach Insurance

of the Income Tax Act 1961 Tax benefit under Sec. 80c and Sec. 5,00,000 10(10D) of the Income Tax Act 1961

Not 18 5000000 Mentioned Yrs.

50 Yrs.