Self-employed buyers need insurers flexible on income proof. These plans are the easiest to get for business owners and non-salaried applicants.
Our top pick for this is PNB MetLife Mera Term Plan Plus — Posts one of the highest claim-settlement ratios and offers flexible cover and payout options — a strong, slightly under-the-radar pick.
| # | Name | Score | Cover up to | Claim Ratio* | Premium*/mo (₹1Cr) | Standout |
|---|---|---|---|---|---|---|
| 6 | PNB MetLife Mera Term Plan Plus | 8.2/10 | Up to ₹10Cr | ~99.5% | ~₹560 | Very high CSR |
| 8 | Aditya Birla Sun Life DigiShield | 8.0/10 | Up to ₹10Cr | ~98% | ~₹550 | Many cover options |
| 9 | SBI Life eShield Next | 7.9/10 | Up to ₹10Cr | ~97.5% | ~₹600 | Trusted SBI brand |
| 10 | LIC Digi Term | 7.7/10 | Up to ₹10Cr | ~98.6% | ~₹650 | Unmatched LIC trust |
Posts one of the highest claim-settlement ratios and offers flexible cover and payout options — a strong, slightly under-the-radar pick.
Offers an unusually wide range of cover and payout configurations plus useful riders — flexible enough to fit varied needs, including non-salaried buyers.
A trusted, PSU-backed term plan with level and increasing cover options — appealing to buyers who value the SBI brand and a large servicing network.
LIC's online term plan brings the unmatched trust of India's largest insurer, though premiums tend to run a little higher than the cheapest private plans.
Premiums indicative for a healthy ~30-year-old non-smoker (₹1Cr, 30-year term); claim ratios indicative. Get a personalised quote before buying. Information only, not insurance advice.