Best Term Insurance Policy Plans in India 2014 | 2014 Best Term Insurance in India

 Best Term Insurance Policy Plans in India 2014  : 

After the implementation of new IRDA regulations and LIC’s new term plans launch, lot of Indian readers are looking for best term policy's in 2014. After the January 2014 all of the  insurance company's should change their Term Policy's plane  with better than previous years. Hence we are providing a  list of new policy's with the latest claim settlement ratio data too.

Here we are giving a list of new term policy's details of 24 insurance company's with ratio details. Please check and follow the below given chart to know complete details of the best term life insurance policy's in India 2014.

IRDA-Annual-Report-2012-13

But as this data does not differentiate between claims settled of term insurance to other plans, it is difficult to believe which company settled highest term insurance claims. But still the overall picture of this data will be helpful in selecting the plan.

In below sheet, we are tried to give the term insurance plan data of all companies, but due to recent IRDA regulations, few companies still not came up with term plans. Hence they are showing as “NA”. Also almost all private insurers these days offering online term plans which is not the case with LIC. But many insurance buyers have so much faith in LIC. Hence I retained it’s offline Term Plan quote on top. we tried to differentiate the product based on availability like whether the plan is available online or not and whether plans offers any extra riders or not.

But to be frank while you are buying term plans then neglecting the product only because it not offer you other riders will not be a good decision. Because such riders are easily available in market separately with general insurance companies. Hence choose the plan purely on life risk point of view.

NOTE :  Above quotes are for 30 years old, healthy and non smoker.