Last Updated: October 2024
Term insurance is a type of life insurance that provides coverage for a specific period of time, or “term.” It is the simplest and most affordable type of life insurance, making it a popular choice among those who want to ensure that their loved ones will be financially protected in the event of their death. In India, there are many term insurance apps available for both Android and iOS devices. Here are six of the best ones:
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PolicyBazaar: This app allows users to compare term insurance policies from different insurance providers and choose the one that best suits their needs. The app also provides helpful information and guides on term insurance, as well as a calculator to help users determine how much coverage they need.
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ICICI Prudential iProtect Smart: This app, offered by ICICI Prudential, allows users to buy and manage their term insurance policies on their mobile devices. The app also offers a range of features, including premium payment options, a claim settlement tracker, and an emergency contact feature.
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HDFC Life Click 2 Protect Plus: This app, offered by HDFC Life, allows users to easily buy and manage their term insurance policies on the go. The app also offers a range of features, including a premium calculator, policy details, and a claim intimation facility.
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Bajaj Allianz iBuddy: This app, offered by Bajaj Allianz, allows users to easily buy and manage their term insurance policies on their mobile devices. The app also offers a range of features, including a premium calculator, policy details, and a claim intimation facility.
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Max Life Online Term Plan Plus: This app, offered by Max Life Insurance, allows users to easily buy and manage their term insurance policies on the go. The app also offers a range of features, including a premium calculator, policy details, and a claim intimation facility.
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SBI Life eShield: This app, offered by SBI Life Insurance, allows users to easily buy and manage their term insurance policies on the go. The app also offers a range of features, including a premium calculator, policy details, and a claim intimation facility.
In conclusion, term insurance apps are a convenient and easy way for individuals in India to buy and manage their term insurance policies. These apps offer a range of features and benefits, making it easy for users to choose the right policy for their needs and ensure that their loved ones are protected in the event of their death.