Max Life
Smart Secure Plus
₹12,450/yr · ₹1 Cr
- Claim ratio
- 99.3%
- Term
- Till 70
- Accelerated terminal illness
- Premium stays level for life
- Increasing cover rider +5%/yr
Return of premium
All your premium back, if life stays boring.
Return-of-premium plans refund 100% of premiums paid if you outlive the term. Higher premium than pure term, but no "money wasted" feel if you don’t die.
100%
Of premium returned
Tax-free
10(10D) treatment
Level
Premium for entire term
Top picks
Top return-of-premium plans.
Three standouts for a 32 year-old non-smoker · ₹1 Cr cover · ROP rider.
Lowest premium
HDFC Life
Click 2 Protect Super
₹13,100/yr · ₹1 Cr
- Claim ratio
- 99.1%
- Term
- Till 75
- Income-option on death
- Waiver on disability
- Accidental death benefit rider
Tata AIA
Sampoorna Raksha Supreme
₹14,210/yr · ₹1 Cr
- Claim ratio
- 98.5%
- Term
- Whole life
- Whole-life cover to age 99
- Critical illness accel.
- Return of premium optional
Common questions.
Is return-of-premium worth the extra cost?
Mathematically: usually no. The premium difference invested in a basic mutual fund typically returns more than the refund. ROP makes sense if you're emotionally averse to "paying for nothing" — you get every paisa back if you outlive the term.
How much term cover do I need?
Rule of thumb: 10–15× your annual income. Add outstanding loans. Subtract existing savings + investments. We ship a calculator in the quote tool that runs this for you.
Will my premium go up over time?
No — once locked at purchase, it stays level for the entire term, regardless of health changes. That's why buying young is cheaper.
What if I don't die during the term?
With pure term: nothing. Cheapest premium buys the largest cover. With return-of-premium: you get 100% of premiums back. With whole-life: cover continues past term.
Does it cover suicide?
Yes, but not in the first 12 months — a waiting-period exclusion. After year 1, suicide is covered like any other cause.
Sub-products
Other shapes of term life.
ROP costs ~2× pure term. Run the math — many are better off putting that difference in equity index funds.
Most bought
Pure term
Lumpsum to nominee on your death. No savings, lowest premium.
Most people — start here
from ₹931/mo
You’re here
Return of premium
Get every rupee back if you outlive the term. Higher premium.
If you dislike "money wasted"
from ₹2,450/mo
Whole life
Cover up to age 99 — estate planning + inheritance use.
HNI families · legacy planning
from ₹3,680/mo
With critical illness
Accelerated payout on diagnosis of 35+ listed illnesses.
Existing health conditions
from ₹1,280/mo
NRI-friendly
Medical done overseas, pay in foreign currency, claim from India.
NRIs with dependents in India
from ₹1,140/mo