Compare & Buy Car, Bike and Health Insurance Online - InsuranceDekho
Claim, renew, manage & moreLogin

Coverage in Life Insurance

A life insurance policy provides coverage from the uncertainties of life such as an unexpected demise of the life assured during the policy tenure. In case of an unpredicted demise of the life assured during the policy tenure, the family of the life assured will receive a death benefit. Under life insurance the coverage refers to the amount of risk cover that will be provided by the life insurance company to the life assured.

1 Crore Life Cover starting from just ₹16/Day*
1 Crore Life Cover starting from just ₹16/Day*
  • Tax Benefit
    Tax Benefit
    Up to 1,50,000**
  • Claim Support
    Claim Support
    Everyday 10AM-7PM
  • 45 Lacs+
    45 Lacs+
    Happy Customers

*Standard Terms and Conditions Apply.

**Tax benefits are subject to changes in Income Tax Act.

Find the right life insurance for you
By clicking, I agree to *terms & conditions  and privacy policy.

Term Life Insurance Premium Calculator


  • Male
  • Female

Date of Birth


Do you smoke or chew tobacco?

  • Yes
  • No

Choose required coverage to secure your family’s future

Disclaimer :
1. Premium has been calculated for coverage till 60 years
2. Eligibility depends on income, occupation and educational qualification

Human Life Value/Coverage Calculator

My Age

My Annual Income

My Monthly Spend

What Does Coverage Mean In Life Insurance?

Under life insurance coverage refers to the amount of risk cover that is provided to the life assured by the insurance company. Life insurance is a contract between an individual and life insurance company under which the former promises to provide life cover to the individual in exchange for regular premium payment. Under a life insurance policy the coverage amount is chosen by the policyholder and the coverage amount i.e. sum assured determines the amount of premium to be paid periodically by the life assured.

Life insurance policy provides coverage against the uncertainities of life which includes an untimely demise of the life assured during the policy tenure. In case of an unforeseen demise of the life assured during the policy term, a death benefit is provided to the family of the life assured.

What Does Life Insurance Cover?

Life insurance policy covers death of the life assured due to natural causes and medical conditions. Additionally, life insurance policy also provides financial protection to the family of the life assured in case of life assured’s untimely demise due to an illness or accident. There are several riders that help an individual get specific coverage from specific situations such as coverage for critical illness, accidental death or accidental total and permanent disability.

What Does Life Insurance Not Cover?

Below mentioned are some aspects which are not covered under a life insurance policy:

  • Suicide of the life assured
  • Death under the influence of alcohol and drugs
  • Death on account of participation in any dangerous activities
  • Death from pre-existing medical conditions
  • Death due to undisclosed medical condition or personal habit
  • Death caused during an terrorist act.

Life Insurance Companies User Reviews

What users are saying
  • I purchased a Max Life Insurance Policy through InsuranceDekho to secure my family's financial future. The pea...

    Read More
    By Dipika Jogi
    On: September 25, 2023
  • Once I selected my HDFC Life Insurance Policy, InsuranceDekho issued my policy quickly. I didn't have to wait ...

    Read More
    By Shalini Pundir
    On: September 25, 2023
  • InsuranceDekho offers flexible payment options for premiums, which made it easier for me to manage my PNB MetL...

    Read More
    PNB Met
    By Bindiya Goswami
    On: September 25, 2023
  • I found the application process for my Canara HSBC OBC Insurance Policy to be efficient and straightforward. I...

    Read More
    Canara HSBC
    By Pallavi Saraswat
    On: September 25, 2023
  • InsuranceDekho helped me find the ICICI Prudential Insurance Policy that fits my budget while still providing ...

    Read More
    ICICI Prudential
    By Jasmine Saini
    On: September 21, 2023

Life Insurance News

Best Insurance Advisors in Your City.