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₹25 Lakh Term Insurance Plan

Name: Buy ₹ 25 Lakh Term Insurance Plan Online
Brand: Canara HSBC Life Insurance
Rating: 4.3 (14243 reviews)

A ₹25 Lakh Term Insurance Plan offers powerful life protection. Learn about the benefits, eligibility, and how it protects your family.

Are you looking to build a secure future for your family through insurance, but are unsure where to begin? A ₹25 lakh term insurance plan is a smart, affordable way to protect your loved ones. It offers low premiums, essential coverage, and fixed payouts that provide a financial net during uncertainties.

Key Takeaways

A ₹25 lakh term plan is ideal for young professionals or families with modest financial needs.
It provides enough cover for daily expenses and small debts without expensive premiums.
Riders can add value to your plan, offering protection from critical illness or accidents.
Term insurance calculators help find the most affordable and suitable plan for your goals.
Canara HSBC Life Insurance offers high claim settlement, flexibility, and a reliable online purchase.

What is a ₹25 Lakh Term Insurance Plan?

A ₹25 lakh term insurance plan provides a fixed life cover of ₹ 25 lakh for a limited time. This financial support can help your family manage essential expenses like daily living costs and children’s education. It ensures your loved ones are financially protected in your absence. Premiums are generally affordable, making it a cost-effective way to secure your family's future. You can also enhance the plan with add-ons like critical illness or accidental death benefits.

Calculate Term Insurance Premium

A term insurance calculator is a useful online tool that helps you determine how much coverage you need based on your income, lifestyle, and family’s needs.

My Income

My current Cover

Additional Details

Our Recommendation

My Income

My current Cover

Additional Details

Our Recommendation

I am {age} years old,

My Monthly income is {amount}

Additionally, I hold existing Insurance Cover of Rs {insurenceamount}

and loan amounting to Rs{amount}

My name is {name}

my mobile number is {contact}

50 Lakh

12.5 Lakh

75 Lakh

Zero

1 Crore

Where do you stand

Additional Life Cover

Hi {name}

To secure your family’s financial future and protect their dreams, you’ll need an additional cover of

rs 10,000

Note: This is a very brief calculation of HLV

Secure Now

Recalculate

Desclaimer-

The above calculation and illustration of figures are indicative only and not on actual basis.

Why Buy a ₹25 Lakh Term Insurance Plan?

A ₹25 lakh cover can offer meaningful financial protection for your loved ones. It’s ideal for covering everyday expenses, small outstanding loans, and short-term financial goals. This plan strikes a balance between affordability and adequate coverage, making it a smart choice for early earners or those with limited financial obligations.

Pocket-Friendly Financial Security: A ₹25 lakh term plan gives reliable life cover at affordable premiums. It's a great starting point for young professionals or single-income households who want protection without a financial burden.
Covers Everyday Expenses: The payout helps your family manage monthly expenses like rent, groceries, school fees, and utility bills. It protects them from sudden financial stress and ensures life continues smoothly even in your absence.
Debt Protection: If you’ve taken loans for a vehicle, education, or a small home, this plan helps your family repay debts without taking any future loans.
Peace of Mind: Knowing your family will receive ₹25 lakh if something happens to you gives you peace of mind. You can live your life with confidence, knowing they’ll be financially protected when they need it the most.
Good Starter Plan: If you're new to managing finances or buying insurance, this plan gives an affordable way to start. It offers meaningful protection from the beginning. You can upgrade the coverage or add another policy to stay protected.

Term Insurance - Top Selling Plans

Canara HSBC Life Insurance offers online term insurance plans to secure your family financially in your absence.

Family Shield: Enhanced Protection

iSelect Smart360 Term Plan

3 Plan options
Life cover till 99 years
Steady income benefit
Block your premium at inception

Start Young, Pay Less, Stay Secured

Young Term Plan

Life cover till 99 years
Coverage for spouse
Block your premium rate
Covers 40 critical illness

Family Shield: Enhanced Protection

Affordable prices
Multiple premium payment option
Get Tax benefits
Hassle-free purchase process

How Does a ₹25 Lakh Term Plan Work?

Riya is a 32-year-old working professional and a single parent to a 5-year-old daughter. She already has a basic life insurance plan that covers day-to-day expenses for her child if she’s not around. But recently, she took a personal loan to fund her daughter’s school admission and other education-related costs.

To ensure her loan doesn’t become a burden on her family, Riya decides to buy a ₹25 lakh term insurance plan. This plan would specifically cover her financial liabilities during her daughter’s growing years.

If anything were to happen to Riya during this time, the term plan’s payout of ₹25 lakh would help repay the loan and secure her daughter’s education. Her existing policy would continue to provide for daily living expenses, ensuring her child’s future is not disrupted.

Who Should Buy a ₹25 Lakh Life Insurance Plan?

Given below is a list of people for whom a 25-lakh term insurance could be an ideal choice-

Young Professionals: Ideal for those starting their careers who want low premiums and early financial protection.
Single Parents: Perfect for single-income households looking to secure their child’s future.
Homemakers with Loans: Helpful for managing existing personal loans without burdening the family.
Senior Citizens with Limited Needs: Suitable for elderly individuals needing simple, cost-effective life cover.
Small Business Owners: A smart option for covering small business debts and protecting dependent family members.

Did You Know?

3 out of 4 people know about term insurance, but only 1 in 3 buy it.

Source: Economic Times

How to Choose the Right ₹25 Lakh Term Insurance Plan?

Choosing the right ₹25 lakh term insurance policy requires more than just picking the lowest premium. Here's how you can make the right decision.

Check Financial Goals: Look at your family’s needs like monthly bills, children’s education, health care or any loans. Choose a plan that covers these costs.
Use Calculators for Affordability: Use the Term plan calculator by Canara HSBC Life Insurance to see what premium fits your income. Select a plan that balances affordability with the required features.
Evaluate the Insurer: Choose an insurer with a good claim settlement ratio and efficient service. This ensures hassle-free processing for your family when they need it most.
Add Useful Riders: Depending on your lifestyle and risks, add-on riders like critical illness or accidental death can make your plan stronger.
Read Policy Details: Understand payout options (lump sum or monthly), premium payment terms, grace periods, and exclusions before buying.

Premium Illustration Table

This table gives you an idea of how premium amounts vary with different term plans under a ₹25 lakh life insurance policy coverage. The premium may vary based on age, tenure, and health.

Plan Name	Sum Assured	Monthly Premium (30 yrs, Non-smoker)
iSelect Smart360	₹25 lakh	₹378
Promise2Protect	₹25 lakh	₹280
Young Term Plan	₹25 lakh	₹ 337

₹25 Lakh vs ₹50 Lakh vs ₹1 Crore – Which Is Right for You?

If you're unsure whether ₹25 lakh is sufficient, here’s how it stacks up against higher cover amounts. This comparison will help you choose based on your goals and income.

Factor	₹25 Lakh	₹50 Lakh	₹1 Crore
Ideal For	low-income earners	Families with moderate expenses	Professionals with high income & future goals
Financial Coverage	Day-to-day needs	Moderate expenses, small loans	Lifestyle, child’s education, long-term goals
Premiums	Very Low	Moderate	Higher (but cost-effective for coverage offered)
Focus	Basic, short-term protection	Balanced coverage	Wealth protection, future planning, legacy
Flexibility	Limited (few riders, fewer tenure options)	Moderate (some customisation)	High (more add-ons, tenure, payout flexibility)

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Why Choose Canara HSBC Term Insurance?

At Canara HSBC Life Insurance, we understand that trust plays an important role while choosing a term insurance plan. Here's why we can be the right partner for your financial protection journey:

High Claim Settlement Ratio: We have a claim settlement ratio of 99.31%. This ensures that your family receives timely and hassle-free financial support during critical times.
Flexible Plan Choices: Every family have different needs and preferences. We offer a variety of options that allow you to choose the coverage duration, payout structure, and extra features.
Affordable Premiums: Getting strong life cover does not mean spending too much. We offer term insurance plans that fit your monthly budget. If you start early or live a healthy life, your premiums will be even lower. This makes protection accessible to young professionals and growing families alike.
Easy Online Process: You can buy a term insurance plan from the comfort of your home. Just visit the website, enter basic details, and complete the process in minutes. There are no long forms or paperwork involved. Assistance is always available if you need help while selecting or purchasing the plan.
Useful Add-On Benefits: You can enhance your plan with helpful options like critical illness protection, accident cover, and premium waivers during tough times. These features offer more complete protection without needing to purchase a separate policy. It is a simple way to get more value and peace of mind from your plan.

Conclusion

Ready to take the first step in securing your family’s future? Choose a ₹25 lakh term insurance plan today and enjoy affordable protection, guaranteed peace of mind, and flexible coverage with Canara HSBC Life Insurance.

Get a free quote now and start your journey toward financial security.

Glossary

Sum Assured: The amount your nominee receives if you pass away during the policy term.
Rider: An add-on benefit to your policy, like critical illness or accidental death cover.
Term Plan: A life insurance policy offering cover for a fixed period, with no maturity benefit unless chosen.
Claim Settlement Ratio: The percentage of claims an insurer has paid successfully in a year.
Return of Premium: An option where the premiums paid are returned if the policyholder survives the term.

FAQs

Young professionals, single parents, homemakers with loans, and small business owners often find ₹25 lakh coverage suitable for their financial needs.

If you survive the policy term and haven’t chosen a return of premium option, there is no payout at maturity.

Yes, you can easily purchase the plan online through trusted insurers like Canara HSBC Life Insurance in just a few minutes.

Medical tests may or may not be required depending on your age, health history, and insurer’s guidelines.

You’ll need basic KYC documents like ID proof, address proof, income proof, and recent medical history if applicable.