- Longer Coverage
- Income Replacement
- Best 30 Year Plans
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Updated on Apr 11, 2025 7 min read
What is 30-Year Term Life Insurance?
A 30-year term insurance provides financial coverage for a policy tenure of 30 years. This plan offers death benefits to your family in case of your death during these 30 years. The premiums for a 30-year term life insurance policy are fixed and remain unchanged during the entire policy duration. That’s why it’s recommended to purchase a term insurance plan when you are young, as the premiums are comparatively lower.
A term life insurance for 30 years provides coverage during various life stages, such as getting married, raising children, buying a home, and other key stages. This plan provides peace of mind and lets you focus on your other priorities, as your family is financially safe, even if you are not with them.
Best 30-Year Term Life Insurance Plans
We have provided a list of the best 30-year term insurance plans from some of the top insurers that you can consider when making a buying decision.
| S. No | Plan Name | Unique Features | CSR (FY 2023-24) | Sum Assured | Entry Age |
| 1 | Axis Max Smart Term Plan Plus |
| 99.65% | Rs 25 lakhs to no limit | 18 to 65 years |
| 2 | TATA AIA Sampoorna Raksha Promise |
| 99.13% | Rs 25 lakhs to no limit | 18 to 65 years |
| 3 | Bajaj Allianz e Touch II |
| 99.23% | Rs 50 lakhs to no limit | 18 to 65 years |
| 4 | HDFC Life Click 2 Protect Super |
| 99.5% | Rs 5,000 to no limit | 18 to 65 years |
| 5 | Bandhan Life i Term Prime |
| 99.66% | Rs 25 lakhs to no limit | 18 to 65 years |
| 6 | Edelweiss Zindagi Protect Plus |
| 99.23% | Rs 50 lakhs to 1 crore | 18 to 65 years |
| 7 | Aditya Birla SunLife DigiShield Plan |
| 98.4% | Rs 30 lakhs to no limit | 18 to 65 years |
| 8 | SBI Life eShied Next |
| 98.25% | Rs 50 lakhs to no limit | 18 to 65 years |
How Does A 30-Year Term Insurance Policy Work?
A term life insurance for 30 years provides financial protection to your family in case of the policyholder’s death during the policy tenure of 30 years. Let’s understand how a 30-year term insurance works with a simple premium illustration table.
Akash bought Axis Max Smart Term Plan Plus with a sum assured of Rs 1 crore and a policy tenure of 30 years. To understand how the plan works for Akash, refer to the premium illustration table below.
| Policyholder’s Age | Plan Name | Policy Tenure | Premium Payment Tenure | Sum Assured | Annual Premiums |
| 30 years | Axis Max Smart Term Plan Plus | 30 years | 30 years | Rs 1 crore | Rs 10,429 |
Key Takeaways:
- In case of Akash’s unfortunate death during the 30-year policy duration, his family would receive Rs 1 crore as death benefits.
- If he survives the policy tenure, the policy will lapse, and no benefits will be paid.
Benefits of 30-Year Term Life Insurance
Buying a 30-year term insurance policy provides various benefits to the policyholders. Let’s understand these benefits in detail.
Long-term Protection
A 30-year term insurance plan offers long-term coverage for a policy tenure of 30 years. Your family will receive guaranteed benefits to fulfill their financial goals in case of your death during the policy tenure.Protection Against Loans
You may have taken out certain loans to fulfill your financial responsibilities or needs. A 30-year term life insurance plan ensures the loan burden doesn’t fall on your loved ones.Add-on Options
You can choose additional riders with your 30-year term insurance plan to enhance the coverage. There are various rider options that you can consider adding, including accidental death benefit rider, critical illness rider, terminal illness rider, etc.Fixed Premiums
The premiums for your 30-year term policy are fixed for the policy tenure. It helps policyholders plan their finances in advance, keeping their term insurance premiums in mind.Choice of Sum Assured
A 30-year term life insurance plan allows you to choose the sum assured of your choice. Choose a sum assured that fits your budget and aligns with your financial goals.Tax Benefits
The premiums paid for your 30-year term plan are eligible for tax benefits of Rs 1.5 lakhs during a particular financial year under Section 80 (C) of the Income Tax Act, 1961. Moreover, the sum assured paid to your family in case of your unfortunate death is also tax-free under Section 10 (10D).Affordable Premiums
You can buy a 30-year term insurance at affordable premiums from one of the best life insurance companies in India. It is one of the cost-effective ways to protect your family financially in your absence.
pert Insights
The premiums for a 30-year term insurance plan are fixed for the entire policy tenure. This helps policyholders plan their finances in advance without worrying about the premium payment.
How to Choose the Right 30-Year Term Life Insurance Policy?
Every individual must consider certain factors when choosing the right 30-year term insurance plan. These factors help you make the right choice.
Check CSR of the Insurer
You must check the claim settlement ratio of the insurance company from which you are buying the 30-year term life insurance. A good claim settlement ratio highlights the insurer’s efficiency in settling the claims received by them.Choose Only Necessary Add-ons
Every rider costs you an additional premium amount. That’s why you must choose add-ons that best align with your individual needs.Compare and Buy
Before buying a 30-year term insurance plan, you must compare various plans and choose the one that best suits your requirements and budget.Consider Your Dependents
It’s important to consider your dependents when buying a 30-year term insurance plan so that you can calculate the coverage your family requires in your absence.Understand Your Existing Liabilities
Always consider your existing liabilities when choosing the sum assured of your 30-year term life insurance so that loan burdens don’t affect your family’s financial condition.
Who Should Buy A 30-Year Term Insurance?
We understand the benefits of investing in a 30-year term insurance plan. But the question is: Who should invest in a 30-year term insurance? The following individuals should consider investing in a 30-year term insurance plan.
Young Professionals
If you are in your early 20s or 30s, you must invest in a 30-year term life insurance plan to ensure your family is financially stable even in your absence.Sole Earners of Family
The sole earning members of the family should buy a 30-year term insurance to make sure their family does not struggle financially in their absence.Individuals With Dependents
An individual with dependents should buy a 30-year term insurance to make sure their dependents can live a comfortable life even in their absence.Parents
Parents must buy term life insurance for 30 years to ensure their children can pursue their future goals without any hassle.Self-employed Individuals
A self-employed individual must invest in a term insurance plan for 30 years to make sure their unexpected death doesn’t impact their family and business financially.
How to Buy 30-Year Term Insurance From PolicyX?
To buy a 30-year term insurance plan from PolicyX.com, you have to follow the given steps.
Step 1: Visit PolicyX.com.
Step 2: Click on ‘Term Insurance’ at the top of the page.
Step 3: Select your gender and enter your age. Click on ‘View Plans. ’
Step 4: Enter your city, annual income, name, and mobile number. Click on ‘Get Free Quotes. ’
Step 5: Select your date of birth, education qualification, occupation type, and smoking habits.
Step 6: Choose a policy tenure of 30 years.
Step 7: A list of plans will be displayed on your screen.
Step 8: Choose a plan that best suits your needs and pay the premiums. You will receive the policy documents in your email.
Conclusion
A 30-year term insurance plan is the most affordable form of life insurance to protect your loved ones financially in your absence. It is the first step towards financial planning. There are various benefits of investing in a 30-year term life insurance plan, including longer coverage, affordable premiums, financial safety for loved ones, choice of add-ons, etc.
If you are confused about choosing the right 30-year term life insurance, you can contact us at PolicyX.com. We offer No Spam, No Gimmicks, and Only Expert Insurance Advice.
FAQs: 30-Year Term Life Insurance
1. Is there a 30-year term life insurance policy?
Yes, there is a 30-year term life insurance policy that provides coverage for a 30-year policy tenure.
2. How to calculate premiums for 30-year term insurance?
You can calculate premiums for 30-year term insurance using the PolicyX Term Insurance Premium Calculator.
3. Which is the best term insurance for 30 years?
Tata AIA Sampoorna Raksha Supreme is one of the best term life insurance plans for 30 years.
4. Should I invest in a 30-year term life insurance?
Yes, you must invest in a 30-year term insurance as it offers financial coverage for a long duration in exchange for nominal premiums.
5. How to buy 30-year term insurance?
You can buy a 30-year term life insurance either from PolicyX.com or the insurance company.
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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