Explore all types of term insurance plans in India, including level, increasing, return of premium & more. Choose the best term insurance plan in 2025 based on your needs and secure your family’s future today. When choosing a life insurance plan , it is important to understand the key differences between term insurance and whole life insurance. While both provide financial security, they serve different purposes. Term insurance is a pure protection plan for a fixed duration, whereas whole life insurance offers lifelong coverage with an investment component. The table below highlights their main distinctions. 99.7% Claims Settlement Ratio | Get 15% Salaried Discount | Get Covered Till Age 85. Get cover till age 85 & Protection against Income Loss | Option to Skip Premium for a year A term insurance plan is a type of term life insurance plan that provides financial coverage to the policyholder's family. Compare term insurance plans & and apply now.