Term insurance that your family deserves
Enjoy up to 15%* discount on premiums with flexible payment options.
In 2026, securing a ₹2 Crore term insurance plan has become a financial priority for high-earning individuals and those with significant liabilities. As medical and educational costs continue to rise, lower coverage may no longer be sufficient to sustain a family's lifestyle for several decades. This guide explores everything you need to know about the 2 crore term plan and how it can secure your family's future.
A ₹2 Crore term insurance plan is a pure protection life insurance policy that guarantees a payout of ₹2,00,00,000 (Two Crores) to your nominee if you pass away during the policy term. In 2026, these plans often include built-in benefits like Terminal Illness coverage, which pays a portion or the full sum assured immediately if the insured is diagnosed with a life-limiting condition.
The ideal time is in your early 20s or 30s. Term insurance premiums increase by 4–8% every year as you age. By locking in a 2 cr term plan at age 25, you could pay up to 50% less over the policy life than someone buying at age 35.
To see if ₹2 Crore is right for you, use the HLV (Human Life Value) method:
A 2 crore term insurance premium calculator uses your age, gender, smoking habits, and pincode to give an instant quote. In 2026, most calculators also factor in a "Salaried Discount" or "Healthy Lifestyle Discount" (tracked via wearable devices).
The following top-tier plans are available for comparison and purchase through Jio Insurance Broking:
| Insurer | Plan Name | CSR (2026) | Key Feature |
|---|---|---|---|
HDFC Life | Click 2 Protect Supreme | 99.7% | 9 plan variants with flexible payouts. |
Max Life | Smart Secure Plus | 99.7% | Special Exit Value (Refund of premiums at age 65). |
ICICI Pru | iProtect Smart Plus | 99.3% | Cover for 64 critical illnesses. |
Tata AIA | Maha Raksha Supreme | 99.4% | Accelerates death benefit on terminal illness. |
Bajaj Allianz | eTouch II | 99.2% | Lowest premiums for non-smokers. |
Yes. In 2026, with a cup of coffee costing ₹200 and school fees reaching ₹4 Lakh per year, ₹1 Crore is often exhausted in 10 years. ₹2 Crore provides the longevity needed for true security.
One 2 crore term insurance policy is usually cheaper than two separate 1 crore policies due to "High Sum Assured discounts." However, having two plans from different insurers can provide "diversified claim settlement" peace of mind.
For early earners, Bajaj Allianz eTouch II or HDFC Life Click 2 Protect Supreme are highly suitable due to their very low premiums for non-smokers in that age bracket.
Jio Insurance Broking Limited
IRDAI License No: 347,
Direct Broker (Life & General),
Valid upto: 11/03/2028
(Renewable)
(9.30 AM - 6.30 PM, Monday to Friday)
U67200MH2006PLC165651
1st Floor, Building - 4NA, Maker Maxity, Bandra Kurla Complex, Bandra East, Mumbai, Maharashtra - 400051
Discount is offered by the insurance company as approved by IRDAI for the product under file & use guidelines.
Insurance is a subject matter of the solicitation. For more details on policy terms, conditions, exclusions, limitations, please refer/read policy brochure carefully before concluding sale.
© 2026 Jio Insurance Broking Ltd. All rights reserved.
Jio Insurance Broking Limited
IRDAI License No: 347,
Direct Broker (Life & General),
Valid upto: 11/03/2028
(Renewable)
(9.30 AM - 6.30 PM, Monday to Friday)
U67200MH2006PLC165651
1st Floor, Building - 4NA, Maker Maxity, Bandra Kurla Complex, Bandra East, Mumbai, Maharashtra - 400051
Discount is offered by the insurance company as approved by IRDAI for the product under file & use guidelines.
Insurance is a subject matter of the solicitation. For more details on policy terms, conditions, exclusions, limitations, please refer/read policy brochure carefully before concluding sale.
Copyright © 2026 Jio Insurance Broking Ltd.
