Term Life Insurance

The simplest, cheapest way to protect your family.

RiskPe advises on pure term life insurance, the most cost effective way to protect your family financially. We do not sell investment linked insurance products. Our advice: invest the premium you save separately, where it can actually grow.

Get a Term Insurance Quote
Pure term only
No investment linked products
Honest, unbiased advice

Why we only recommend pure term insurance

Investment linked insurance products like ULIPs and endowment plans combine life cover with investment in a single product. This sounds efficient, but it usually means you pay more for less life cover and get weaker investment returns than if the two were kept separate.

Higher cost, lower cover
A portion of every premium in an investment linked policy goes toward charges and fees, meaning less of your money goes toward either protection or growth.
Mutual funds typically outperform
Historically, a disciplined mutual fund investment has outperformed the investment component bundled inside most insurance linked products, over the long term.
Separation creates clarity
When insurance is just insurance and investment is just investment, you can evaluate and optimize each one independently, rather than being locked into one bundled product.

Calculating the right term cover

Income Replacement
A common starting point is 10 to 15 times your annual income, adjusted for your specific family situation.
Dependents and Family Size
More dependents and younger children generally mean a need for higher and longer duration cover.
Existing Liabilities
Outstanding home loans, business loans, or other debts should be factored into your cover amount.
Existing Savings and Investments
Existing assets can offset some of the cover needed, since they already provide a financial cushion.
Policy Term Length
Cover should generally extend until your major financial responsibilities, like a home loan or your children's education, are complete.
Inflation Adjustment
Cover amounts calculated today should account for inflation eroding the value of a fixed sum over a 20 or 30 year term.

Common questions about term insurance

Why does RiskPe not sell ULIPs or endowment plans?
We believe insurance and investment serve different purposes and work best when kept separate. Pure term insurance offers significantly more life cover per rupee of premium, and a separate mutual fund investment typically offers better growth potential than the investment component bundled into most insurance linked products.
How much term insurance cover do I actually need?
A common guideline is 10 to 15 times your annual income, adjusted for dependents, existing liabilities, and savings. We help calculate a specific number based on your situation.
Can RiskPe help if I already have a ULIP or endowment plan?
Yes, we can review your existing policy and help you understand your options, including whether continuing, surrendering, or restructuring makes sense for your situation.
Free Consultation

Ready to finally understand
your insurance?

Book a free 30-minute call. We’ll look at what you have, tell you what you actually need, and answer every question — no pitch, no obligation, no awkward sales pressure.

📅 30 min, zero obligation
🎙️ Real human expert
🆓 Completely free
Book Your Free Call →Create Free Account