Top Life insurance policy in India 2020 | lic policy | hdfc life cc | lic term plan

Life insurance is very important. After all, what could be more important than life? However, one thing you want to keep in mind is that a person buys a life insurance policy not because he is afraid of death or that he is about to die, but because he takes care of his family and his loved ones are living.

And for their substantial life without any financial constraints, you should make sure that your family does not have to worry about anything because you will no longer be in person to take care of them. And what better way than life insurance?

A life insurance policy ensures that your family's life is not hampered by any type of financial crisis. It provides a lump sum to the nominee in case of death of the insured. And even though the insured outlines the policy term, it will still offer a lump sum.

Since we cannot predict what the next moment can bring to our lives, we must ensure that we are prepared against any kind of uncertainties that life has to throw at us. And in this case, buying life insurance is not the final answer.

Along with buying a life insurance policy, you should ensure that the policy you are buying is effective and good to give you the right returns and provide additional monetary benefits to your family in your absence. This is why it has become a necessity to consider top-notch life insurance plans. No one will be able to digest the fact of investing money to buy life insurance and will not be able to get the cover they are entitled to.

But, there are 24 life insurance companies in India and each company has several life insurance plans for individual and personal benefits. So it is quite understandable that zeroing in on a particular life insurance product from a particular provider can be a difficult task.

To make this job easier and easier for you, I am giving you information about some of the top life insurance plans/Policy of 2020:

List of Top Life Insurance Plans in 2020:

Life Insurance Plan Name	Entry Age		Policy Term		Sum Assured
	Minimum	Maximum	Minimum	Maximum	Minimum	Maximum
Bajaj Allianz i-Secure	18 years	70 years	10 years	30 years	20 Lakh	NA
Aviva I-Life Plan	18 years	55 years	10 years	35 years	25 Lakh	NA
Aegon Life iTerm Plan	18 years	75 years	5 years	40 years	10 Lakh	NA
Bharti AXA e-Protect Term Plan	18 years	75 years	10 years	30 years	25 Lakh	Na
HDFC Click2Protect Plus	18 years	65 years	10 years	30 years	10 Lakh	10 Crores
HDFC Life Sanchay	30 years	45 years	15 years	25 years	1,05,673	NA
HDFC SL Crest	14 years	55 years	10 years	10 years	(7 or 10) x Annual Premium	20 x Annual Premium
ICICI Pru iProtect	20 years	75 years	10 years	30 years	3 Lakh	NA
Kotak Life Preferred e-Term	18 years	75 years	10 years	40 years	25 Lakh	NA
LIC Amulya Jeevan	18 years	60 years	5 years	35 years	25 Lakh	NA
LIC New Jeevan Anand	18 years	50 years	15 years	50 years	1 Lakh	NA
LIC Term Plan	18 years	75 years	10 years	35 years	50 Lakh	NA
Max Life Online Term Plan	18 years	70 years	10 years	35 years	25 Lakh	100 Crores
SBI eShield Plan	18 years	70 years	5 years	30 years	20 Lakh	NA
SBI Shubh Nivesh Plan	18 years	60 years	5 years	30 years	75000	NA

 The chart above includes the top life insurance plan/policy in 2020. Depending on your unique requirements, you can go for a life insurance plan from any particular insurance company that suits you. Make sure you choose the correct cover and the sum insured. And one thing before goes through your life insurance policy please check out their official site for the latest update about insurance.