Term and savings-linked life cover, so your family's plans don't depend on one income.
Life insurance pays a sum assured to your nominee if you pass away during the policy term, in exchange for a premium. Pure term plans exist to replace lost income and protect financial commitments — a home loan, a child's education, a family's day-to-day needs — while savings-linked plans combine that protection with a savings or investment element.
A death benefit at a comparatively low premium — protection without a savings component.
Combine a death benefit with a maturity or investment value, depending on the plan.
Optional add-ons such as critical illness or accidental-death benefits, layered onto a base policy.
Longer-horizon structures for those wanting cover that extends further, where offered by the insurer.
Every policy is different — this is a general guide to the kind of exclusions common in this category, not a list for any specific policy.
The nominee or family contacts AI Insurance One or the insurer with the policy number and details of the event.
Along with the documents the insurer specifies for a death claim.
Typically a death certificate, ID proof and policy documents — exact requirements vary by insurer.
The insurer verifies the claim against the policy terms and the information on the original proposal.
On approval, the sum assured is paid to the nominee as per the policy terms.
For full step-by-step guidance and a claim assistance form, visit the Claims Centre →
We're preparing a short explainer on life insurance. In the meantime, the sections above cover the essentials — or get in touch with a question.
A common starting point is a multiple of annual income plus outstanding liabilities, adjusted for your family's specific needs — we're happy to talk it through rather than give a generic number here.
It depends on your goals. Term plans maximise pure protection per rupee of premium; savings-linked plans build in a maturity value at a higher premium. Many people use a mix of both.
Most policies allow a grace period, and some allow later revival — the exact terms depend on your specific policy. Get in touch if you've missed a payment rather than assuming cover has lapsed.
Tell us what you need covered — no payment or policy details required to start the conversation.