Secure Your Future With These Top 10 Life Insurance Policies


How to choose a life insurance policy? 

Secure your future with these top 10 life insurance policies. 


Ramesh was a government employee. His income was not enough to provide luxuries to the family. But the monthly income was sufficient to take care of children’s education and household expenses. The financial condition always irked Ramesh and filled him with future goals. He worried about taking care of the family’s requirements when his kids got old. One day, Ramesh read about buying a life insurance policy in the newspaper. He researched and found how the approach could help him save money for the family.

If you are also looking for ways to secure a future with life insurance policies, the following are the products you can consider. But before that, understand how you should choose a life insurance policy.

How to choose a life insurance policy?

You can choose a life insurance policy considering these things:

  1. Keep your life insurance goals in mind: You can buy a life insurance policy after considering your goals. If you want high protection for your family, you can consider buying a term plan. But if the idea is to earn high returns from the investments, you must purchase a ULIP (unit-linked investment plan).
  2. Compute the exact sum assured that you would need: Bear in mind the inflation and the expenses. Multiply it with the number of years for which you want the money. Think about the amount you need for your child’s marriage or education, and then decide on a cover to meet your life goals.
  3. High CSR: Choose a life insurance company with a high Claim Settlement Ratio (CSR). If the CSR is high, the company is reliable.
  4. Evaluate your premium paying capacity: Evaluate how much premium you can pay for the life insurance cover you want.
  5. Choose a comprehensive plan: You must choose a comprehensive plan and make sure you include riders in it. Riders like accidental death or terminal illness will benefit you.

If you have understood how you should buy life insurance, these are the products you can consider.

Secure your future with these top 10 life insurance policies.

These are the top 10 life insurance policies to secure your life with:

  1. ABSLI DigiShield Plan:
  • ABSLI DigiShield Plan is a comprehensive top term insurance plan that gives you ten options to make your choice.
  • The plan is available for as low as Rs.683/- per month for a high cover of Rs.1 crore.
  • The term plan helps to meet multiple life needs with one plan.
  • DigiShield Plan that gives you life cover for one year or till age 100 years
  • The policy provides flexible death benefits as a lump sum, monthly income, or a combination of both.
  • The plan helps you have a worry-free retired life with the survival benefit after turning 60 years.
  • The term insurance policy gives the option to enhance the cover with riders like Accidental Death and Disability Rider, Critical Illness Rider, Surgical Care Rider, Hospital Care Rider, Accidental Death Benefit Rider, and Waiver of Premium Rider.
  • You can buy the ABSLI DigiShield Plan from here.
  1. HDFC Life Click 2 Protect Plus:
  • HDFC Life Click 2 Protect Plus is a term insurance plan that provides coverage for 18 years to 65 years.
  • The policy term of HDFC Life Click 2 is 10 years to 40 years.
  • The minimum sum assured under the term plan is Rs.25 lakhs, and for the maximum.
  • The term plan provides a lump sum at the death of the policyholder. It gives an extra lump sum and the sum assured on death.
  • There are two options to pay the death benefit: Income Option (10% of sum assured on death) and Income Plus Option (100% of sum assured on end).
  1. Max Life Smart Wealth Plan:
  • Max Life Smart Wealth Plan is a guaranteed income savings plan. You can meet your financial goals.
  • Flexibility to choose from plan options for income benefit includes lump sum, short term income, long term income, and real-life income.
  • It accrued guaranteed additions that boost your corpus under the lump sum option.
  • The comprehensive death benefit in case of demise.
  • Salaried, self-employees, people with less risk appetite must invest in the plan.
  • The entry age and maturity age varies depending on the plan option.
  1. Max Life Term Insurance:
  • Max Life Term Insurance plan is a high life cover at affordable premiums.
  • The plan gives disability benefits, and deaths due to accidents are covered.
  • The term life insurance gives a lump sum amount to the family on the policyholder’s death.
  • The premium under Max Life Term Insurance is Rs.747/- per month for any individual of 25 years of age, and the sum assured is Rs.1 crore.
  1. Aditya Birla Sun Life Insurance ULIP ABSLI Wealth Assure Plus Plan:
  • ABSLI Wealth Assure Plus Plan is a ULIP based life insurance policy. It is a perfect plan for those who look for dual benefits of life protection and investment in a single product.
  • ULIP is a market-linked product; hence the returns are accordingly good.
  • A ULIP plan provides flexibility to choose from a range of funds. You can invest in the funds of your choice to get benefits after long term investment.
  • You can buy ABSLI Wealth Assure Plus Plan from here.
  1. Aditya Birla Sun Life Insurance Assured Savings Plan.
  • ABSLI savings plan is a perfect choice if you want to save money to safeguard your family members from the financial crisis.
  • The ABSLI Assured Savings Plan gives you guaranteed benefits on death and maturity.
  • You get loyalty additions that boost your maturity corpus year on year.
  • The savings plan gives you a choice to get your spouse covered under the same plan.
  • The minimum age criteria under the ABSLI Assured Savings Plan is 30 days for Single Life and 18 years for Joint Life. The maximum age criteria for ABSLI Assured Savings Plan is 65 years for Single Life and 50 years for Joint Life.
  • Buy the Assured Savings Plan from here.
  1. ICICI Pru iProtect Smart Term Plan:
  • ICICI Pru iProtect Smart Term Plan is life protection that takes care of your family’s financial requirements.
  • It comes with terminal illness and disability. You get a unique cover for women.
  • The minimum entry age is 18 years, and the maximum entry age is 65 years.
  • The maturity age under the plan minimum is 23 years, and the maximum is 75 years.
  • The policyholder can choose the level of protection at the time of entry.
  1. Bharti Axa Life Elite Secure:
  • Bharti Axa Life Elite Secure provides financial protection to the dependent family members of the insured at the time of crisis.
  • The plan covers you till 75 years of age.
  • The minimum entry age is 18 years, and the maximum age allowed is 75 years for policy terms of 10,15,20 and 25 years.
  • It is a comprehensive long term savings plan with dual benefits. It is one of the best plans with high returns savings plans online.
  1. ABSLI Cancer Shield Plan
  • Life insurance policies are a must in today’s time. Along with that, health care plans are equally required. ABSLI Cancer Shield Plan protects you and your family from the financial expenditure when diagnosed with cancer.
  • The plan covers all stages of cancer.
  • You are paid a lump sum as soon as the disease is diagnosed.
  • The policy provides a five-year premium waiver on the early-stage diagnosis of cancer.
  • The policyholder gets an option to receive monthly income for five policy years on major stage diagnosis.
  • You can buy ABSLI Cancer Shield Plan.
  1. ICICI Pru Signature.
  • Another ULIP plan for you to offer the benefit of life cover and investment is ICICI Pru Signature.
  • The entire premium under the plan is allocated in the funds without any deductions and Return of Mortality and Policy Administration Charges at maturity.
  • The plan gives you enough flexibility to choose from 4 portfolio strategies and a wide range of funds.
  • The policy gives you the benefit of covering for 99 years.
  • You also get rewarded with wealth boosters at regular intervals by staying invested in the plan.
  • The policyholder gets unlimited accessible switches completely free of cost.


These are the best moving plans in the market that can yield life protection and savings. Choose the product depending on your requirements that a life insurance product can fulfil. If you are unsure of what to buy, the best you can do is speak with a financial advisor.


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