₹3 Crore term insurance
₹3 Crore Term Insurance Plan
Life cover of ₹3 Crore starting around ₹2,373 a month for a healthy 25-year-old non-smoker. Compare insurers and buy with free help from our Purnia team.
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Annual income (in lakhs)
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What is a ₹3 Crore term insurance plan?
It is a pure protection plan with a sum assured of ₹3 Crore. If the life assured passes away during the policy term, the nominee receives ₹3 Crore to run the home, clear loans and fund goals.
You pay a fixed premium for the chosen term. A regular term plan has no maturity benefit, which keeps the premium low. Riders such as critical illness or return of premium can be added at extra cost.
How ₹3 Crore can support your family
An example split. Your own needs will differ.
| Expense | Approximate amount |
|---|---|
| Home loan repayment | ₹48 L |
| Children's higher education | ₹60 L |
| Children's marriage | ₹30 L |
| Family living expenses for 20 years | ₹72 L |
| Medical emergency fund | ₹30 L |
| Inflation buffer and reserves | ₹60 L |
| Total | ₹3 Cr |
₹3 Crore term plan calculator
Describe your gender
Do you smoke or consume tobacco?
I would like life cover of
Add riders (optional)
Estimated premium for ₹3 Cr cover
₹3,830/month
or ₹44,189 a year, for 40 years
- Base premium₹44,189/yr
- Riders₹0/yr
- Life cover₹3 Cr
- Cover tillAge 70
Indicative estimate. Final premium depends on insurer, medicals, income and occupation. Individual life insurance carries no GST.
Estimated monthly premium for ₹3 Crore cover
Male, non-smoker, cover till age 60. Indicative only.
Age 25
₹2,373
per month
Age 30
₹3,249
per month
Age 35
₹4,588
per month
Age 40
₹6,457
per month
Age 45
₹9,055
per month
Why buy ₹3 Crore term insurance?
High cover, low premium
₹3 Crore cover costs far less than most people expect, especially when bought young.
Added protection
Add critical illness, accidental death or premium waiver riders for wider cover.
Family's goals stay on track
Education, marriage and the home loan are funded even in your absence.
More room to invest
With protection sorted cheaply, you can invest the rest for growth.
Is ₹3 Crore the right cover for you?
Your income
A ₹3 Crore cover usually suits a yearly income of ₹20 to ₹30 lakh, using the 10 to 15 times rule.
Your age
Younger buyers get higher cover approved easily and at lower premium.
Your dependents
More dependents and longer support years need a higher cover.
Your loans
Add pending home, car or education loans to the cover you need.
Frequently asked questions
For a healthy 25-year-old non-smoker man, it starts around ₹2,373 a month in our estimate. The exact premium depends on the insurer, your health, income and the cover-till age.