1 crore term insurance

Nobody wants their family to suffer financial instability if something happens to them, especially if they are the sole breadwinners. With a term insurance plan, the happy, stress-free moments of one’s life multiply because the policyholder has already set aside a comfortable financial cushion in case of an unfortunate event. A term insurance plan will help a policyholder’s family be financially okay even in his absence.

Here’ an example: Jeevan is a 35-year-old non-smoker who has purchased the Future Generali Flexi Online Term Insurance Plan of Rs. 1 crore for a 30-year term, which is also the premium paying term. He pays Rs. 9,263 (without applicable taxes) annually towards his insurance. After his death, the nominees of the policy (listed by him) will receive Rs. 1,00,00,000 as a one-time lump sum payout. The policy will end once the amount is debited.

Before learning how much a Rs. 1 crore term insurance plan costs, let us briefly understand what a term insurance plan is and its various benefits.

What is a term insurance plan?

With time, the financial responsibilities of an individual multiply. These could be their child's education, home loans, car loans, marriage – the list is never-ending. A term insurance plan is one of the purest forms of life insurance policies. It offers financial stability to your family members during unforeseen, unfortunate circumstances and protects them against life’s uncertainties. Through these term insurance or protection plans, the nominees listed under the insurance policy receive the assured sum that the policyholder agrees to during the time of purchase.

Why should you choose the Rs. 1 crore term insurance plan?

Buying a Rs. 1 crore term insurance plan gives the policyholder peace of mind. No matter what happens tomorrow, his children, spouse, and parents will lead the comfortable lives he wanted to give them. A Rs. 1 crore term insurance plan ensures that his family is financially stable and mentally at peace, even if he is not around to support them financially anymore.

Benefits of Rs. 1 crore term insurance plan

Term insurance plans have regained popularity. Customers have understood the need to provide long-lasting financial stability at affordable rates. They come with several benefits, such as:

  • Affordable premium
  • Builds peace of mind during unfortunate events
  • Financial stability during uncertain times
  • High coverage at an inexpensive premium
  • Policy customisation options
  • Flexible payment premium options
  • Flexible policy term
  • Tax benefits
  • Flexibility to choose lifetime coverage up to 100 years

After going through the significant advantages of a term insurance plan, we must understand how much a Rs. 1 crore term insurance plan will cost. It is a fact that amid rising inflation, expenses have multiplied. Therefore, buying a Rs. 1 crore term insurance plan as early as possible provides a financial cover for the policyholder’s family to rely on during unfortunate times.

How much will a Rs. 1 crore term insurance plan cost?

Policyholders must know how much money they need to invest periodically to get higher returns. Let us understand it with an example from Future Generali Life Insurance. The plan’s name is Future Generali Flexi Online Term Plan, and to calculate the premium, we have considered the policyholder’s age as 30 years.

Plan Name Entry Age Policy Term Premium Payment Term Premium to be Paid (Annually/Monthly)

Future Generali
Future Generali Care Plus plan

For basic life cover and extra life cover plans -

18-65 years of age

20 years

20 years

Annually- Rs 7,186

Monthly- Rs 635

30 years

30 years

Annually- Rs 7,893

Monthly- Rs 697

40 years

40 years

Annually- Rs 9,025

Monthly- Rs 797

50 years

50 years

Annually- Rs 10,225 (Approx)

Monthly- Rs 903 (Approx)

Another term insurance plan from Future Generali Life Insurance is FUTURE GENERALI EXPRESS TERM INSURANCE PLAN, where the premium would remain almost the same but benefits, policy term, and premium payment terms are different. After looking at the benefits of both plans closely, you can decide the best term insurance plan for you. In the next section, let us see how to apply for a term insurance plan.

How to apply for a Rs. 1 crore term insurance plan?

To apply for a Rs. 1 crore term insurance plan through Future Generali India Life Insurance, follow these steps:

  • Visit our website to generate a quotation for yourself.
  • Fill in the application form and pay the premium online.
  • Submit all the documents online to complete the process.


Uncertainties are a part of life, and there is nothing much we can do about it. Therefore, term insurance plans are an excellent way to secure your family by fulfilling their financial requirements. If you want to know more about how much the Rs. 1 crore term insurance plan will cost, visit the Future Generali India Life Insurance for products and insightful updates.