Ageas Federal Life
iSecure Plan
Sample premium
₹14,640 a year*
Term Life Insurance · head to head
iSecure Plan vs Glow Plus Term Life Insurance
Digit Life
Glow Plus Term Life Insurance
Sample premium
₹33,444 a year*
Quick verdict
- Glow Plus Term Life Insurance is better for low minimum cover.
Computed from stored specifications, the published term life insurance scoring rules and recorded prices. Not an opinion.
Specifications side by side
Spec
iSecure Plan
Glow Plus Term Life Insurance
Eligibility
Minimum entry age
21 years
18 years
Maximum entry age
65 years
65 years
Maximum maturity age
85 years
85 years
Policy term
Regular/Single Pay: minimum 10 years; Limited Pay: 7 PPT-12 PT, 10 PPT-15, 15 PPT-20, 20 PPT-25, 25 PPT-30 minimum; maximum lower of (64 years; 85 - Age at Entry)
Term Insurance: Single Pay 1 year, Limited Pay PPT + 5 years, Regular Pay 3 years minimum; maximum 67 years (subject to maximum maturity age). TROP: minimum Single Pay 15, Limited Pay PPT + 5 (minimum 10), Regular Pay 10; maximum 67 years
Minimum sum assured
₹50,00,000
₹2,25,000
Maximum sum assured
No limits (subject to Board approved underwriting policy)
No fixed upper limit, subject to company underwriting rules/board policy
Plan
Plan options
Life Cover, Life Cover with Return of Premium
Term Insurance, Term Insurance with Return of Premium
Premium payment
Single Pay, Regular Pay, Limited Pay (7, 10, 15, 20 & 25 years); Single Pay, Yearly, Half-Yearly and Monthly
Single Pay; Regular Pay (3 to 67 years; TROP 10 to 67); Limited Pay 3, 4, 5, 10, 12, 15 or till 60 years
Return of premium option
Yes
Yes
Death benefit payout
Lump sum
Lump sum
Terminal illness benefit
—
Yes
Waiver of premium
—
Inbuilt Waiver of Premium on diagnosis of Terminal Illness
Premium
Sample annual premium
₹14,640
₹33,444
Sample premium is for
Healthy non-smoker male, age 30, Life Cover option, Sum Assured Rs 1 Cr, Policy Term 35 years, Premium Payment Term 25 years (limited pay; not the 30-year regular-pay profile). Tax inclusion not stated. Only sample rate given for age 30.
Healthy 35-year-old non-smoker (gender not stated), Rs 3 crore cover, 30-year term, Term Insurance variant, annual premium; illustration mentions a 10% first-year discount for salaried customers. Tax treatment not stated. Only base-variant premium figure published.
Insurer
Death claims settled (insurer)
98.52%
—
Claims figures for
FY 2024-25: individual death claims paid out of claims decided and pending, by number, computed from IRDAI Handbook on Indian Insurance Statistics (Table 15)
—
IRDAI UIN
135N088V02
165N007V03
A tick marks the better value where the category rules say higher (or lower) is better. Text values are shown without a winner. Ties have no winner.
Pros and cons
iSecure Plan
- Pro: Return-of-premium option available
Glow Plus Term Life Insurance
- Pro: Return-of-premium option available