Archive · 24 Sep 2026
₹1 Crore Term Insurance Costs Rise With Entry Age
Term insurance gives money to a family if the insured person dies during the policy period.
A ₹1 crore policy means the family may receive ₹1 crore, subject to the policy terms.
The price is called a premium.
A healthy person who does not smoke may pay about ₹7,000 to ₹14,000 each year for cover until age 60.
The exact price depends on several personal and policy details.
These include age, gender, health, lifestyle and policy length.
Buying the policy earlier generally means paying a lower premium.
The article does not provide separate exact prices for ages 25, 30 and 35.
A ₹1 crore term insurance policy can provide substantial financial protection for a family.
For a healthy, non-smoking male, annual premiums may be approximately ₹7,000–₹14,000 for coverage up to age 60.
Premiums generally increase when the policy is purchased at an older age.
Cost depends on age, gender, health, lifestyle, policy tenure and sum assured.
The figures provided are indicative and apply to a non-smoking male seeking ₹1 crore cover until age 60.
- Who
- Healthy, non-smoking males seeking ₹1 crore term insurance cover.
- What
- The article explains the indicative cost and pricing factors for ₹1 crore term insurance.
- When
- The article compares purchasing the policy at ages 25, 30 and 35, but does not provide separate figures for each age.
- Why
- To explain how age and other personal or policy factors affect term insurance premiums.
- Policy type
- Term insurance
- Sum assured
- ₹1 crore
- Indicative annual premium
- Approximately ₹7,000–₹14,000
- Example applicant
- Healthy, non-smoking male
- Coverage period
- Up to age 60
- Pricing trend
- Premiums generally rise as entry age increases
- Factors affecting cost
- Age, gender, health, lifestyle, policy tenure and sum assured