Right insurance for your family
6 quick questions. We'll recommend the exact plan + insurer — accounting for premium, tax savings, and claim ratio.
How to choose insurance in India (2026)
Term and health cover are the two everyone needs first, and the cheapest when bought young. The quiz tailors a recommendation; here is how to judge a policy.
What actually matters
- Cover amount over premium. For term life, aim for roughly 10-15x annual income; for health, Rs10 lakh+ in metros. Under-insuring to save premium defeats the purpose.
- Claim settlement ratio and speed. Check the insurer claim settlement ratio and complaint volume; a cheap policy that does not pay is worthless.
- Read the exclusions. Waiting periods for pre-existing diseases, room-rent caps and sub-limits decide what you actually get at claim time.
- Buy direct, avoid bundling. Pure term plus independent health beats expensive ULIPs or endowments that mix insurance with weak investment returns.
Common questions
How much term insurance do I need?
A common rule is 10-15 times your annual income, adjusted for loans and dependents, so your family can clear liabilities and maintain their lifestyle. The quiz personalises the figure.
Is company health insurance enough?
Usually not; employer cover ends when the job does and is often a low sum insured. A personal health policy bought young locks in lower premiums and continuous coverage.