₹2 Crore Term Cover Is Becoming More Popular: Do You Actually Need That Much?
Oct 14, 2026
New Delhi [India], October 14: ₹2 crore is increasingly becoming a familiar number in term insurance conversations. In FY26, policies with cover above ₹2 crore accounted for 34% of term insurance sales on one major insurance marketplace, up from 24% in FY25. The rise came alongside lower protection-plan costs after the GST exemption and greater attention to whether existing life cover is enough.