Acko Life Flexi Term Plan
- Will Creation Services
- Flexi Benefit
- Optional Riders
Himanshu is a content marketer with 2 years of experience in the life insurance sector. His motto is to make life insurance topics simple and easy to understand yet one level deeper for our readers.
Apeksha Parsai has trained young minds about the benefits of health & term insurance throughout her 8+ years career. She designs, develops, and delivers impactful training programs for agents/brokers, and internal teams. Her expertise lies in insurance product knowledge, sales strategies, regulatory compliance, and customer service.
Updated on Jul 14, 2025 8 min read
Flexi Term Plan by Acko Life Insurance is a flexible term insurance plan that offers financial benefits to your family in case of your uncertain death during the policy tenure. It is a flexible term plan that can be customized as per your needs and future goals. You can also change how much money your family will receive in your absence.
Acko Life Flexi Term Plan offers you a range of benefits including:
Minimum Age - 18 years Maximum Age - 70 years
Maximum maturity age- 85 years
Minimum policy term- 5 years, Maximum policy term- 40 years
Base sum assured- Flexible sum assured
Policy loan is not available
Yearly, half-yearly, quarterly, and monthly
Let's understand how the Acko Flexi Term Insurance Plan works with a simple premium illustration.
Mr Sharma is looking for a term plan that offers financial coverage to their loved ones in case of their uncertain death during the policy tenure.
While surfing, he visited PolicyX.com and booked a free appointment with their expert advisor. The advisor suggested Mr Sharma buy the Flexi Term Plan.
Mr Sharma with an annual income of Rs 10 lakhs bought Flexi Term Plan. Let's understand how the plan works for him with a simple premium illustration table.
| Age of policyholder | Annual premiums | Policy tenure | Premium payment term | Total premiums paid | Sum assured |
| 30 years | Rs 1,25,928 | 30 years | 12 years | Rs 15,11,136 | Rs 1 crore |
Key Takeaways:
(i) In the case of Mr Sharma’s unfortunate demise before he turns 60, the death benefits worth Rs 1 crore will be paid to his nominee and the policy will lapse with effect.
(ii) In the case of Mr Sharma’s unfortunate demise after he turns 60, the death benefits worth Rs 1 crore will be paid to his nominee and the policy will lapse with effect.
Here are the benefits associated with the Acko Life Flexi Term Plan
You can choose the following riders with your Acko Flexi Term Insurance Plan to enhance your plan coverage:
In case the policyholder is diagnosed with the critical illnesses, the rider benefits are paid.
This rider offers benefits in case the policyholder suffers total permanent disability due to an accident.
In case the policyholder suffers death due to an accident, rider benefits are paid to either the policyholder or the nominee.
Here is the list of exclusions associated with the plan:
Acko Flexi Term Insurance Plan is a term insurance plan that offers financial coverage to your loved ones if something unfortunate happens to you. This plan offers multiple benefits to the policyholders including flexible sum assured, affordable premiums, flexi benefits, etc.
If you are still confused about whether Acko Flexi Term Plan is the right choice for you or not, you can contact us at PolicyX.com.
We offer No Spam, No Gimmicks, and Only Expert Insurance Advice. So what are you waiting for? Book an appointment with us today.
Flexi Term Plan by Acko Life Insurance is a flexible term insurance plan that offers financial benefits to your family in case of your uncertain death...
Unique Features
5
Rated by 1 customers
Select Your Rating
Let us know about your experience or any feedback that might help us serve you better in future.
Himanshu is a seasoned content writer specializing in keeping readers engaged with the insurance industry, term and life insurance developments, etc. With an experience of 2 years in insurance and HR tech, Himanshu simplifies the insurance information and it is completely visible in his content pieces. He believes in making the content understandable to any common man.
4573-17437572564599-1745910534.png){kind=logo}
Do you have any thoughts you’d like to share?