Insurance
Term Insurance
Pure protection for your family.
You'll be taken to our partner SMC Insurance to compare and buy a policy.
Cover overview
What it is and how we help
Term insurance pays a fixed sum to your nominees if you pass away during the policy term. It has no savings or maturity value, which is why it usually gives the highest cover for the premium. Compare term plans from different insurers through our partner SMC Insurance, or request a consultation.
Key considerations
- How much cover your dependants would need (income, liabilities, goals)
- Policy term and premium payment term
- Accurate disclosure of health and lifestyle details
- Claim settlement process and nominee details
Options
Term insurance options
Term life
Cover for a fixed period, paid to your nominees if you pass away during the term.
Women term
Term plans for women, some with lower premiums or extra benefits.
Housewife term
Cover for homemakers, recognising the value of their contribution to the family.
₹2 crore term
High cover of ₹2 crore or more, for larger incomes, loans and family goals.
Riders
Add-ons such as critical illness, accidental death or waiver of premium.
FAQs
Common questions
How much term cover do I need?
A common starting point is a multiple of annual income plus outstanding loans and future goals. Our team can walk you through a needs-based estimate.
What happens if I outlive the policy term?
A pure term plan pays nothing at the end of the term. Some plans offer a return-of-premium option at a higher premium.
Who issues the policy?
Policies are issued and underwritten by the respective insurance company and arranged by our partner SMC Insurance Brokers Pvt. Ltd. RichHarbor is a referral partner and refers you to SMC Insurance.