What are the eligibility criteria for purchasing a ₹50 lakh term insurance policy?

Like most life insurance policies, you can purchase a ₹50 lakh term policy if you are at least 18 years old. The maximum age limit on most term policies is 65 years unless you have opted for a whole life cover.

What is the premium for a ₹50 lakh term insurance plan?

While a ₹50 lakh term plan is quite affordable, the premium rates of a term plan can vary depending on your age, policy tenure, and if you have chosen to add any additional riders to your plan.

Is 50 Lakh term insurance enough for my family?

The coverage amount will depend on your family’s financial needs. A 50 Lakh cover is ideal for middle-income families but may need to be increased if you have significant financial obligations.

What are the benefits of purchasing a ₹50 lakh term insurance policy in India?

A few key benefits of purchasing a ₹50 lakh term insurance policy include: Lifetime protection under most insurance providers, Tax benefits under applicable tax laws, Easy customization with add-on riders, Cost-effective life insurance coverage, Security against existing and potential loans and liabilities.

How can I calculate the premium for my ₹50 lakh term insurance policy?

Using an online term insurance calculator to estimate any potential premium amounts under a term plan is recommended as it mitigates the risk of human errors that may occur during the calculator process, giving you a more accurate estimate.

Is a ₹50 lakh term insurance cover sufficient?

This will depend on factors like your current lifestyle, your number of dependents, your annual income, and existing liabilities like debt or loan payments (if any) that are yet to be paid off.

What happens if I outlive the policy period of a ₹50 lakh term insurance plan?

Unless you have opted for a Return of Premium benefit under the plan, that coverage amount will lapse along with the policy once the policy tenure is over. This is because most term insurance plans do not offer any survival benefits to the policyholder unless your policy wording specifically states otherwise.

What are the riders applicable to a ₹50 lakh term insurance policy?

Some popular add-on riders that people opt for when purchasing term insurance are: Accidental Death Benefit, Terminal Illness Cover, Critical Illness Cover, Accidental Total and Permanent Disability Benefit, Hospicare Benefit.

Are tax benefits applicable to ₹50 lakh term insurance plans?

Term plans offer tax deductions under their annual premium payments of up to ₹1.5 lakhs to policyholders under Section 80C of the Income Tax Act 1961.

Can I purchase two term insurance plans for higher coverage?

It is possible to purchase more than one term policy. However, you must note that buying more than one plan can get expensive as you will be paying more premiums and will need to go through the application process again when buying a new plan.

Does the term insurance coverage available depend on salary?

Your annual income determines the maximum term insurance coverage you can purchase. The higher the coverage, the higher the premiums charged for the term plan.

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50 Lakh Term Insurance

50 lakh term insurance plan offers life cover of ₹ 50 lakh, providing financial security to your dependents if you pass away during the policy Read more term. It gives financial security to the nominee of the policyholder upon the untimely death of the policyholder during the policy term. ₹ 50 lakh death benefit provides financial security to your family and helps them manage their expenses and needs in your absence. A ₹50 lakh term insurance policy provides substantial life cover for a relatively low premium, particularly when purchased at an early age.. Read less

50 lakh term insurance plan offers life cover of ₹ 50 lakh, providing financial Read more security to your dependents if you pass away during the policy term. It gives financial security to the nominee of the policyholder upon the untimely death of the policyholder during the policy term. ₹ 50 lakh death benefit provides financial security to your family and helps them manage their expenses and needs in your absence. A ₹50 lakh term insurance policy provides substantial life cover for a relatively low premium, particularly when purchased at an early age. Read less

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Discounts

2% Milestone discount

2% discount on 1st year premium on these milestones

Event	Eligibility
Wedding (1 wedding only)	Within 6 months before or after the date of wedding
Birth/ Adoption of 1^st child*	Within 6 months before or after the birth/ adoption date
Home loan	Within 6 months of loan getting sanctioned
First job	Within 6 months of joining date

*Policy issuance eligibility for female customers will be determined by Board Approved Underwriting Policy (BAUP)

The above milestones cannot be clubbed to avail more discount, Such discount shall be capped to a maximum of ₹500 over the year.

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Written by

Vishal Kapoor

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Vishal Kapoor

Vishal Kapoor, AVP - Brand & Product Marketing at Tata AIA, has over 17 years of experience in the BFSI sector. He is responsible for driving brand strategy, product & channel marketing campaigns.

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Girish J Kalra

Chief Marketing Officer

Girish J Kalra

Girish J Kalra, Chief Marketing Officer at Tata AIA, leading the organizations marketing & corporate communication initiatives..

What is ₹50 Lakh Term Insurance?

A 50 lakh term insurance policy is a type of life insurance plan that provides a sum assured of ₹ 50 lakh. This coverage remains fixed throughout the lifetime of the policy and is selected at the time of purchase. If you choose the Return of Premium (ROP) option, all the premiums you paid are returned to you when the policy ends, subject to policy terms. Thus, a ₹ 50 lakh term plan provides income replacement and financial protection.

Term insurance plans of ₹ 50 lakh are suitable for individuals with financial dependents or long-term liabilities, like loans or children's education. Additionally, term plans can be customised by adding critical illness coverage or accidental death coverage.

Why should you buy ₹50 lakh term insurance plan?

Below are the key reasons to buy ₹ 50 lakh term insurance plan:

Financial Protection
: In the event of your absence, a ₹ 50 lakh term plan can ensure the financial security of your family members and ensure they cover their financial needs. By buying a term plan, you ensure your family is adequately protected and can maintain their standard of living in your absence. The payout from a term plan can be used to cover a variety of expenses, such as outstanding loans, higher education expenses, and daily living expenses.
Affordable Premium
: It's affordable to purchase a term insurance plan. Premiums for a ₹ 50 lakh term insurance plan are also relatively affordable. In this way, you can prepare for the future without compromising your present financial situation.
Customisable coverage
: You can customise your term plan to meet your needs. Policy terms, coverage, premium payment frequency, and additional features like riders5 can all be customised.
Income replacement
: The life insurance policy can be used to replace the breadwinner's income in case of an unfortunate event. This type of insurance can cover the family's day-to-day expenses, including groceries, fuel, utilities, and more. It allows families to continue living at the same standard even after the policyholder’s demise without compromising on essential daily necessities.
Debt settlement
: Without the primary earner, it is up to the family members to repay the debt. To settle outstanding liabilities, a ₹ 50 lakh term insurance plan can be useful. With the plan, a family can cover overdue debts and avoid financial stress.
Peace of mind
: Term insurance offers peace of mind, knowing your family will always have a financial safety net. This can serve as a reminder that you've done your best to protect your family’s financial future. As a result, you will be able to live a peaceful life and reduce your financial stress and anxiety.
Tax benefits⁸
: An insurance plan with a 50 lakh life cover offers tax⁸ benefits. Tax⁸ deductions are available for premiums paid toward term insurance policies under Section 80C of the Income Tax Act, 1961. Also, the ₹ 50 lakh term insurance payout to the nominee is exempt under Section 10(10D) of the Income Tax Act, 1961.

How Does a ₹50 Lakh Term Insurance Plan Work?

By purchasing a ₹ 50 lakh term insurance plan, you can ensure your nominee gets 50 lakhs upon your death. In your absence, a term plan can ensure your family is financially secure.

Let's see how ₹ 50 lakh term insurance plan works with the help of an example:

Amit is 30 years old and the sole earner in his family. He purchases a ₹50 lakh term insurance policy for 20 years. Amit's family will receive ₹50 lakh if he passes away during the policy term. Amit's family can use the payout from term plan to pay bills, repay loans, and pay for his children's education.

What are the features of ₹50 lakh term insurance?

The ₹ 50 lakh term plan offers following key features:

Low Entry Age

Term insurance allows entry between the ages of 18 and 65. The wide age bracket makes it easier for more individuals to take advantage of the 50 lakh life insurance cover for their loved ones.

Flexible Premium Payment Options

You can choose to have different premium payment options such as regular pay, limited pay, or single pay. It's paid on a monthly, quarterly, half-yearly, or annual basis, depending on your budget.

Customisable Payout Benefits

The death benefit in 50 lakh term plans can be availed in more than one way. You could get a lump sum, a monthly income, or both the lump sum and the monthly income, depending on your family's requirements.

Long-Term Financial Safety

A ₹ 50 lakh term insurance policy offers long-term financial safety, as most plans can last anywhere between 10 and 55 years. For example, Tata AIA Sampoorna Raksha Promise term plan offers whole life coverage until 100 years¹.

Comprehensive Coverage

As stated, some term plans allow you to extend your coverage amount or opt for add-on riders5 to get more comprehensive coverage, which sometimes also have their own sum assured amounts. This offers peace of mind by ensuring your family members will not suffer financial hardships in case of your unfortunate and untimely demise.

Nominal Cost

The premium rates for term insurance plans depend on their coverage (sum assured) amount. Generally, they tend to be more affordable when compared to other life insurance policies on the market. Hence, a ₹ 50 lakh term insurance premium will be reasonably low, allowing you to buy a term plan to cover you and your family early in your career without burning through your savings.

Availability of Loans

Home loans are long-term commitments, and if you are the sole earner in your family, the burden of paying off the loans can be on your family members in the event of an untimely death. Most term plans last 15 - 20 years, which is similar to the tenure of a home loan. Hence, a ₹ 50 lakh term policy can be a viable safety net when you opt for long-term financial commitments to protect against any uncertainties. For more information on this topic, you can refer to our blog on Guide to Loan Against Your Life Insurance Policy.

Why Choose Tata AIA Life Insurance Term Plans?

4 Hours

Express Claim Settlement⁶

Worth of Assets Under Management - Why Choose Tata AIA Life Insurance?

99.41%

Individual Death Claim Settlement Ratio FY 24-25

77 Lakh+

Families protected so far⁷

500+ Branches

Presence across major cities in India

What are the Key Benefits of ₹50 Lakh Term Insurance?

Lifetime Protection

Most term insurance policies offer whole-life coverage options to their policyholders. As a result, you don't have to worry about your family's future at any point in time.

Tax Benefits8

The premium payments for term plans are tax⁸ deductible under Section 80C of the Income Tax Act 1961, up to a maximum of ₹1.5 lakh per annum. Moreover, the death benefits and maturity benefit payouts under a term plan are tax-exempt under Section 10(10D).

Easy Customisation

You can enhance the coverage of your term plan by including riders⁵ to your basic ₹50 lakhs term insurance plan. This will require an extra premium payment. However, it is often worth the extra cost if you suffer from or are prone to developing future health conditions since the coverage you receive is quite substantial in the case of critical illness riders.

Cost-Effective

You can buy a term plan at an early age. Insurance providers often provide lower premium rates to younger individuals. The premium rates are also decided upon policy purchase and stay the same throughout the policy tenure. Therefore, you can ensure financial stability for your loved ones at an economical price.

Security Against Loans and Liabilities

Existing liabilities like debt or loans incurred from big purchases, like a house, will require long-term incremental payments. In the event of an untimely demise, your family can use the sum assured payout from your ₹50 lakhs term policy to settle any outstanding loans or financial liabilities that may become their responsibility.

How to Determine the Right Coverage for Your Term Insurance?

Evaluating the required coverage for your term insurance policy is effectively calculating your life's value, and that is anything but pleasant. However, you must remember that life insurance aims to provide financial security to your family and dependents in the event of an untimely death. As a result, you must consider the following factors to select your appropriate coverage level.

Age

Younger individuals generally get charged lower premium rates than older policyholders for the same coverage amount. This is because insurance providers consider them a lower-risk investment as they a less prone to health conditions. Hence, you should get a term policy at a younger age and assess your current age, health condition, and lifestyle to gauge your needed coverage.

Age

Younger individuals generally get charged lower premium rates than older policyholders for the same coverage amount. This is because insurance providers consider them a lower-risk investment as they a less prone to health conditions. Hence, you should get a term policy at a younger age and assess your current age, health condition, and lifestyle to gauge your needed coverage.
Your Annual Income

Generally, the term plan's sum assured should be at least ten times your annual salary. If you decide to purchase ₹50 lakhs term insurance, ensure that the sum assured will compensate for your current standard of living and your family's lifestyle requirements while considering your annual income.

Your Annual Income

Generally, the term plan's sum assured should be at least ten times your annual salary. If you decide to purchase ₹50 lakhs term insurance, ensure that the sum assured will compensate for your current standard of living and your family's lifestyle requirements while considering your annual income.
Dependents and Their Needs

If you have family members who depend on you financially, you must ensure that your family members' financial needs are met in unprecedented times. Hence, you must factor in the ₹50 lakh term plan insurance premiums into your financial plan. You must also consider the number of family members who financially rely on you for their future demands, like educational expenses, marriage, loans, and other cost of living expenses.

Dependents and Their Needs

If you have family members who depend on you financially, you must ensure that your family members' financial needs are met in unprecedented times. Hence, you must factor in the ₹50 lakh term plan insurance premiums into your financial plan. You must also consider the number of family members who financially rely on you for their future demands, like educational expenses, marriage, loans, and other cost of living expenses.
Existing Liabilities

If you are buying a ₹50 lakhs term policy, always factor in your current liabilities. Whether it is a home loan, a student loan, or a car loan, you need to make sure that your term insurance payout will cover all of your commitments. The right coverage amount is critical when purchasing a life insurance policy. As a buyer, you should carefully assess your needs, liability (if any), and your ability to pay all your insurance premiums in a timely manner for a ₹50 lakh plan to get the required coverage.

Existing Liabilities

If you are buying a ₹50 lakhs term policy, always factor in your current liabilities. Whether it is a home loan, a student loan, or a car loan, you need to make sure that your term insurance payout will cover all of your commitments. The right coverage amount is critical when purchasing a life insurance policy. As a buyer, you should carefully assess your needs, liability (if any), and your ability to pay all your insurance premiums in a timely manner for a ₹50 lakh plan to get the required coverage.

How Much Does a ₹50 Lakh Term Insurance Cost?

The exact cost of a ₹50 lakh term insurance policy depends on several factors. There is no standardized amount, and it will depend on your future requirements. Prominent factors include age, coverage amount, medical history, current lifestyle (whether you smoke/drink/or have pre-existing health conditions), and occupation. Some insurance providers offer women lower premium rates or discounts under their term plans. You can find such discounts under most Tata AIA life insurance plans.

One way to estimate your potential premiums under a ₹50 lakh term insurance would be to use a term insurance calculator. These are free online tools insurance providers offer on their website, which allow you to input factors like your age, annual income, number of insured members, and add-on riders that you would like to include under the policy to give you an estimated premium rate.

If you want to buy a policy under Tata AIA and want to know your ₹50 lakh term insurance premium, you can use our Tata AIA Term Insurance Calculator to estimate your potential premiums under your preferred term insurance policy.

How to Choose the Best ₹50 Lakh Term Insurance Policy?

Claim Settlement Ratio (CSR)

The insurance provider's claim settlement ratio is essential when choosing a term insurance plan. The CSR shows you the percentage of claims settled by the insurance company against the total number of claims filed in a fiscal year. For reference, Tata AIA's Individual death claims settlement ratio⁴ for FY 2024 - 2025 was 99.41%.

While it should not be the only deciding factor when choosing a ₹50 lakh term insurance plan, the CSR indicates the likelihood of your claims being accepted and settled by the insurance company. So, a higher CSR means the more likely your insurer will settle your claim.
Policy Term

Policy term or tenure refers to the coverage period under the term insurance policy. The maximum coverage period under term insurance plans like Tata AIA Sampoorna Raksha Promise Plan can go up to 100 years¹ for a policyholder.

Hence, you must assess how long you want your life insurance coverage to last since most term plans do not offer survival benefits and opting for a ₹50 lakh term plan with whole life cover may be a better option.
Riders

Most insurance providers offer add-on riders⁵ with their term insurance policies. These can be used to increase the base coverage amount your term policy offers, and they must be opted for on policy purchase unless your policy allows mid-term inclusions. These add-ons also offer their own sum-assured amounts and require additional premium payments. Some popular term insurance riders are Accidental death, terminal illness, critical illness, accidental total, and permanent disability, hospicare, and waiver of premium benefit.
Choose the Right Variant

Insurance providers offer different types of term insurance plans under their roster. It is recommended that you shop around and compare different term plans with each other before buying one, as each type of term plan will have its own pros and cons.

For example, at Tata AIA, we offer different types of term insurance policies that satisfy different coverage requirements. Always analyze your requirements and carefully choose a plan that can benefit you the most.
Read the Policy Document Carefully

Policy documents may be wordy, but you must not skip reading them before signing onto any term policy. They contain the clauses and conditions under which your term plan functions and will directly impact your experience with the term plan. Hence, once you have decided on a ₹50 lakh term insurance plan, make sure to go through every clause and term and only then sign the policy document. This way, you have a thorough idea of your term plan.

How to Buy ₹50 Lakh Term Insurance Plan?

Now that you know what to look for when choosing a ₹50 lakh term insurance plan, here is how you can buy one from Tata AIA:

To explore what term plans we offer, visit our Term Insurance page by hovering over the Plans tab and then clicking 'Term Insurance’

Click on the term insurance policy you wish to know more about.

To know your premium estimates under a particular plan, enter your details and click 'Check Premium.'

To proceed with your buying process, hover over the 'Where Do I?' tab and click on the term insurance policy you want to buy.

Enter your details on the given fields and click 'Continue' to proceed with your buying process.

Documents Required to Purchase ₹50 Lakh Term Insurance

The following documents are required to buy ₹50 lakh term insurance:

Identity Proof: This can be any government-authorised identity proof like Aadhar, Passport, Driver's License, or Voter ID
Address Proof: This can be any identity proof having your current address or documents like utility bills that state your current residential address.
Income Proof: PAN Card, Bank statements, ITR, salary slips, etc.

Who Should Opt for a ₹50 Lakh Term Insurance?

Those who wish to create a financially secure future for their family members or loved ones from the uncertainties of life can opt to buy a ₹50 lakhs term insurance plan. This can include people like:

01

Individuals with Dependants

Individuals with dependants should consider purchasing a ₹50 lakhs term insurance plan since it is a more affordable type of life insurance. These can be professionals, parents, married/unmarried people, recently retired people, self-employed, etc.
02

Taxpayers

Taxpayers should consider investing in a term plan, as the tax8 deductions and exemptions it provides can help them save money and aid with financial planning in the long run.
03

Young Earners

Young individuals should invest in a ₹50 lakhs term insurance policy as it is much cheaper than other types of life insurance while providing substantial coverage.
04

People with Loans or Debts

Individuals who do not wish for their family members to bear the burden of repaying the unsettled debts in the event of an untimely death.
05

Individuals at Health Risk

Individuals with health issues should consider a term plan. Whether it be due to their family medical history or a hectic lifestyle, the sum assured payout from a critical illness cover or a health rider5 can be used to pay for medical treatments.
06

Married People

Married people can benefit from buying a ₹50 lakh term insurance plan to secure their future at a nominal price.
07

Parents and Retirees

Parents or retirees who wish to safeguard their children and family's financial future.

FAQs on 50 Lakh Term Insurance

What are the eligibility criteria for purchasing a ₹50 lakh term insurance policy?

To purchase ₹50 lakh term insurance policy, you must be 18 years old with a maximum limit of 65 years, provide income proof and medical history. Disclose unhealthy lifestyle habits like smoking or alcohol consumption that affect premiums.
What is the premium for a ₹50 lakh term insurance plan?

While a ₹50 lakh term plan is quite affordable, the premium rates of a term plan can vary depending on your age, policy tenure, and if you have chosen to add any additional riders⁵ to your plan.
Is 50 Lakh term insurance enough for my family?

A ₹50 lakh term insurance policy can be a good starting point for young earners. It can be suitable for middle-income families but could be raised depending on whether you have large financial obligations such as loans, dependents, or long-term plans.
What are the benefits of purchasing a ₹50 lakh term insurance policy in India?
A few key benefits of purchasing a ₹50 lakh term insurance policy include:
- Lifetime protection under most insurance providers
- Tax benefits⁸ under applicable tax laws
- Easy customisation with add-on riders⁵
- Cost-effective life insurance coverage
- Security against existing and potential loans and liabilities.
For a more detailed explanation of the benefits you can get under these points, refer to ‘Benefits of ₹50 Lakh Term Insurance’ mentioned above.
How can I calculate the premium for my ₹50 lakh term insurance policy?

Using an online term insurance calculator to estimate any potential premium amounts under a term plan is recommended; it mitigates the risk of human errors that may occur during the calculator process, giving you a more accurate estimate.
Is a ₹50 lakh term insurance cover sufficient?

A ₹50 lakh term insurance cover tends to be sufficient with a return of premium add-on that helps you get back all the premiums paid throughout the policy tenure.
What happens if I outlive the policy period of a ₹50 lakh term insurance plan?

In case you survive the policy duration of a ₹50 lakh term insurance policy, there won't be any payment after the policy matures unless you've opted for a Return of Premium benefit.
Are tax benefits⁸ applicable to ₹50 lakh term insurance plans?

Term plans offer tax8 deductions of up to ₹1.5 lakhs to policyholders under Section 80C of the Income Tax Act 1961 on the premiums paid annually by policyholders. Nominees who receive a death benefit or individuals who opted for medical insurance coverage can also get deductions or exemptions under sections 80D and 10(10D).
Can I purchase two term insurance plans for higher coverage?

You can purchase more than one term policy. However, it can be expensive to pay premium payments for each plan, which are even higher for older individuals.

Instead, we recommend getting top-up plans and add-ons or opting for an increasing term insurance plan altogether if you think you may need more coverage in the future
Does the available term insurance coverage depend on salary?

Yes, your salary does influence the term insurance coverage available to you. Your annual income determines the maximum term insurance coverage you can purchase. The higher the coverage, the higher the premiums charged for the term plan.
What is a ₹50 Lakh Term Insurance Plan?

A ₹ 50 lakh term insurance policy is an insurance policy that gives 50 lakh life coverage to policyholder's nominee in the event of policyholder's death.
How much does a ₹50 lakh term insurance policy cost?

The term insurance policy premium is based on age, health, policy duration, and lifestyle habits. For young and healthy person cost is relatively low.
Can I add riders⁵ to my ₹50 lakh term insurance policy?

Yes, you can add riders⁵ such as critical illness, accidental death, waiver of premium, or disability cover for added protection at an extra premium.
Are there tax benefits⁸ in a ₹50 Lakh Term Insurance Plan?

Yes, the premiums paid are eligible for tax⁸ deduction under Section 80C, and death benefits obtained by the nominee are exempt from tax under Section 10(10D) of the Income Tax Act, 1961.
What is a ₹50 Lakh Return Policy?

The ₹50 Lakh Return Policy is a ₹50 lakh term policy with Return of Premium (ROP) option, where the premiums are returned in case the policyholder outlives the policy duration.

50 Lakh Term Insurance

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Vishal Kapoor

Girish J Kalra

What is ₹50 Lakh Term Insurance?

Why should you buy ₹50 lakh term insurance plan?

Financial Protection

Affordable Premium

Customisable coverage

Income replacement

Debt settlement

Peace of mind

Tax benefits8

How Does a ₹50 Lakh Term Insurance Plan Work?

What are the features of ₹50 lakh term insurance?

Low Entry Age

Flexible Premium Payment Options

Customisable Payout Benefits

Long-Term Financial Safety

Comprehensive Coverage

Nominal Cost

Availability of Loans

Why Choose Tata AIA Life Insurance Term Plans?

4 Hours

99.41%

77 Lakh+

500+ Branches

What are the Key Benefits of ₹50 Lakh Term Insurance?

Lifetime Protection

Tax Benefits8

Easy Customisation

Cost-Effective

Security Against Loans and Liabilities

How to Determine the Right Coverage for Your Term Insurance?

Age

Your Annual Income

Dependents and Their Needs

Existing Liabilities

How Much Does a ₹50 Lakh Term Insurance Cost?

How to Choose the Best ₹50 Lakh Term Insurance Policy?

Claim Settlement Ratio (CSR)

Policy Term

Riders

Choose the Right Variant

Read the Policy Document Carefully

How to Buy ₹50 Lakh Term Insurance Plan?

Documents Required to Purchase ₹50 Lakh Term Insurance

Who Should Opt for a ₹50 Lakh Term Insurance?

FAQs on 50 Lakh Term Insurance

What are the eligibility criteria for purchasing a ₹50 lakh term insurance policy?

What is the premium for a ₹50 lakh term insurance plan?

Is 50 Lakh term insurance enough for my family?

What are the benefits of purchasing a ₹50 lakh term insurance policy in India?

How can I calculate the premium for my ₹50 lakh term insurance policy?

Is a ₹50 lakh term insurance cover sufficient?

What happens if I outlive the policy period of a ₹50 lakh term insurance plan?

Are tax benefits8 applicable to ₹50 lakh term insurance plans?

Can I purchase two term insurance plans for higher coverage?

Does the available term insurance coverage depend on salary?

What is a ₹50 Lakh Term Insurance Plan?

How much does a ₹50 lakh term insurance policy cost?

Can I add riders5 to my ₹50 lakh term insurance policy?

Are there tax benefits8 in a ₹50 Lakh Term Insurance Plan?

What is a ₹50 Lakh Return Policy?

Get ₹50 Lakh Life Cover
@346/month¹

Tax benefits⁸

Are tax benefits⁸ applicable to ₹50 lakh term insurance plans?

Can I add riders⁵ to my ₹50 lakh term insurance policy?

Are there tax benefits⁸ in a ₹50 Lakh Term Insurance Plan?