- Best 10 Crore Plans
- How to Buy?
- Benefits Offered
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.
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Updated on Jul 07, 2025 6 min read
What is 10 Crore Term Insurance?
A 10 crore term insurance plan offers a sum assured of Rs 10 crore to your family in case of your unfortunate death during the policy tenure. This amount helps your family live a comfortable life and fulfill their financial goals even when you are not with them.
The premiums for a 10 crore term insurance policy are high, and you should buy it if you can afford the premiums. These plans are suitable for individuals with high annual incomes, huge liabilities, and high standards of living.
An individual should buy a term insurance policy with a sum assured of 10 to 20 times their annual income. Make sure the coverage amount you choose aligns with your financial goals and current income.
Best 10 Crores Term Insurance Plans in 2025
We have provided you a list of the best 10 crore term insurance plans based on CSR, premiums, benefits offered, etc., that you can consider for buying.
| S. No | Plan Name | Unique Features | CSR (FY 2023-24) | Minimum Annual Premiums | Entry Age |
| 1 | Axis Max Smart Term Plan Plus |
| 99.65% | Based on the minimum sum assured | 18 to 65 years |
| 2 | Bajaj Allianz e Touch II |
| 99.23% | Rs 873/- per month | 18 to 65 years |
| 3 | HDFC Life Click 2 Protect Super |
| 99.5% | Rs 1,181/- per month | 18 to 65 years |
| 4 | TATA AIA Sampoorna Raksha Promise |
| 99.13% | Rs 502/- per month | 18 to 65 years |
| 5 | ICICI Prudential iProtect Smart Term Plan |
| 99.17% | Rs 580/- per month | 18 to 65 years |
| 6 | Bharti Axa Life Flexi Term Pro Plan |
| 99.01% | Based on the minimum sum assured | 18 to 65 years |
| 7 | SBI Life e Shield Next Plan |
| 98.25% | Based on the minimum sum assured | 18 to 65 years |
How Does A 10 Crore Term Insurance Plan Work?
A 10 crore term policy provides your family with an amount of Rs 10 crore in case of your sudden death during the policy tenure. Let’s understand how a 10 crore term plan works with a simple premium illustration.
Aman, a 40-year-old entrepreneur, bought the HDFC Life Click 2 Protect Plan with a sum assured of Rs 10 crore for a policy tenure of 20 years. Let’s understand how the plan works for Aman with a premium illustration table.
| Policyholder’s Age | Plan Name | Sum Assured | Policy Tenure | Premium Payment Tenure | Annual Premiums |
| 40 years | HDFC Life Click 2 Protect Plan | Rs 10 crore | 20 years | 20 years | Rs 14,374 |
Key Takeaways:
- In case of Aman’s death during the policy term, his family would receive Rs 10 crore as death benefits so that they can fulfill their financial responsibilities.
- If Aman survives the policy tenure, the policy would end and no benefits would be paid.
Who Should Buy A 10 Crore Term Insurance Plan?
The following individuals should consider buying a 10 crore term insurance plan:
High Networth Individuals (HNIs)
High-net-worth individuals having a liquid wealth of more than Rs 5 crore should consider investing in a Rs 10 crore term plan to create a legacy for their loved ones.Self-employed Individuals
A self-employed individual should invest in a term insurance policy so that their liabilities don’t become a burden for their loved ones.Individuals With Dependents
A 10 crore term insurance plan is ideal for individuals with dependents. It protects your dependents financially in case something happens to you.Individuals With Liabilities
If you have taken loans, you must buy a 10 crore term insurance plan to make sure the loan burden doesn’t impact your loved ones.
Benefits of Buying 10 Crore Term Insurance
A 10 crore term insurance offers various benefits to the policyholders. Let’s understand these benefits in detail.
Financial Safety
A 10 crore term policy offers financial security to your family in case of your unfortunate death during the policy term. They can use the amount to complete their financial goals.High Coverage at Low Premiums
The policyholder can get a high coverage of 10 crore at low premiums. The premiums for a 10 crore term insurance start at just Rs 4,300 if you buy early. You can calculate the premiums using the PolicyX Insurance Calculator.Tax Benefits
You can avail yourself of tax benefits up to Rs 1.5 lakhs on the premiums paid for your term insurance under Section 80 (C) of The Income Tax Act, 1961. Moreover, the death benefits paid are also tax-free under Section 10 (10D).Choice of Riders
A term insurance plan allows policyholders to enhance their plan coverage by opting for additional riders. There are various rider options available, including accidental death benefit rider, waiver of premium rider, critical illness rider, etc.Income Benefits
A 10 crore term plan acts as an income replacement for the policyholder’s family in their absence. They can use the received amount to live a comfortable life.Choice of Payment Mode
You have the flexibility to choose the payment mode of your 10 crore term plan as per your choice. There are various premium payment modes available, including lumpsum, yearly, half-yearly, quarterly, or monthly.
How to Buy 10 Crore Term Insurance?
You can buy a 10 crore term insurance plan either from PolicyX.com or the official website of the insurance company.
Buying From PolicyX.com
Step 1: Visit PolicyX.com.
Step 2: Click on ‘Term Insurance.’
Step 3: Fill in your details, including your age, gender, city, annual income, name, and mobile number on the form in the right corner.
Step 4: Click on ‘Get Free Quotes.
Step 5: Enter your date of birth, educational qualification, occupation type, and smoking habits.
Step 6: Enter your coverage amount as 10 crores. A list of plans will be displayed on your screen.
Step 7: Choose the plan of your choice and pay the premium amount.
Buying From An Insurance Company
You can buy a 10 crore term insurance policy by visiting the official website of the insurance company.
Why Should You Buy 10 Crore Term Life Insurance From PolicyX.com?
Here are the reasons for buying a 10 crore term insurance plan from PolicyX.com:
Compare and Choose the Best
PolicyX helps you compare a wide range of plans based on their features and choose the one that best fits your requirements.Hassle-free Purchase Process
Buying term insurance from PolicyX.com is a hassle-free process as it lets you compare various term plans within 30 seconds.Customer’s Choice
PolicyX is a leading insurance aggregator that is trusted and loved by customers due to its best services and support.Good Customer Service
You can contact PolicyX through email or IVR number and one of their insurance experts will connect with you shortly to address all your concerns.Claim Settlement Support
If you have taken loans, you must buy a 10 crore term insurance plan to make sure the loan burden doesn’t impact your loved ones.
Conclusion
A 10 crore term plan is an excellent option to provide financial safety to your family in your absence. With the present rate of inflation, 10 crore is a very good amount to help your dependents cover almost all expenses, and debts and live a comfortable life. We have provided you with a list of the best 10 crore term insurance plans that you can consider when buying a plan.
If you are still confused about which 10 crore term insurance plan is best, you can contact us at PolicyX.com. We offer No Spam, No Gimmicks, and Only Expert Insurance Advice.
FAQs: 10 Crore Term Insurance
1. Does a 10 crore term insurance plan have higher premiums compared with other plans?
Yes, 10 crores term plans have higher premiums compared to other term plans because as the coverage amount increases, the premium amount also increases.
2. What are the factors to consider when buying term insurance?
You must consider various factors when buying a term plan, including age, annual income, gender, medical conditions, lifestyle habits, etc.
3. Is a 10 crore term insurance sufficient?
Yes, a 10 crore term insurance is sufficient to take care of your dependents in your absence.
4. Is 10 crore the maximum limit for term insurance?
No, there is no limit to the sum assured you can opt for. Your sum assured depends on your income level and other parameters, including future financial requirements.
5. What is the cost of 10 crore term insurance?
The premiums for a 10 crore term insurance plan start at Rs 4,300/- only.
6. Which is the best 10 crore term insurance plan?
HDFC Life Click 2 Protect is one of the best 10 crore term insurance plans that you can consider for buying.
Other Term Insurance Companies
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Written By: Himanshu Kumar
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.
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