A ₹7.5 crore term insurance plan is a high-value life insurance option designed to provide robust financial protection for your loved ones. It ensures that in the event of your untimely demise, your family receives ₹7.5 crore as the death benefit. The large coverage can secure your family’s lifestyle, pay off liabilities and meet long-term goals such as education or retirement. With the ACKO Life Flexi Term Plan, you can enjoy flexible coverage, digital convenience and affordable premiums designed to your financial needs.
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A ₹7.5 crore term insurance plan is a pure protection policy that offers a fixed life cover of ₹7.5 crore. It’s a straightforward plan where the insured person pays regular premiums. In return, the insurer promises to pay the chosen sum assured to the family if the policyholder passes away during the term. This plan does not offer any maturity or survival benefit if you outlive the policy period, as it is designed to provide financial security, not investment returns.
A ₹7.5 crore term insurance policy functions similarly to other term plans, with the difference being the higher coverage amount and more detailed underwriting. Here is how it typically works:
You select a sum assured of ₹7.5 crore, depending on your income and financial responsibilities.
You can choose a duration, like 20, 30 or even 40 years, based on how long your family will need financial support.
You pay a fixed premium regularly (monthly, quarterly or annually). Premiums remain constant throughout the policy term.
Since ₹7.5 crore is a high cover, the insurer may require detailed medical check-ups and financial proofs to determine eligibility.
Once approved, your ₹7.5 crore term plan becomes active.
In case of your demise during the policy term, the insurer pays ₹7.5 crore to your nominee. The amount can be received as a lump sum, a monthly income or a combination of both, as per the option chosen at the time of purchasing the policy.
A ₹7.5 crore cover is best suited for individuals with higher income brackets, large financial responsibilities or those seeking long-term wealth protection for their families. Here is why opting for this cover makes sense:
A ₹7.5 crore sum assured ensures your family can comfortably handle ongoing expenses, future education costs and major life goals without financial stress
With rising living costs, a smaller coverage may not suffice decades later. A ₹7.5 crore term insurance plan provides inflation-adjusted security to sustain your family’s needs over time.
If you have home loans, business liabilities or personal borrowings, this large cover ensures those debts don’t burden your dependents.
For those supporting aged parents, children or dependents with special needs, this coverage offers comprehensive protection.
Despite the large coverage, term plan premiums remain reasonable for individuals with stable income streams, especially when purchased early.
Buying early is key. Here is how timing affects your term insurance plan decision:
Lock in low premiums for the same ₹7.5 crore cover. Premiums rise with age, health risks and inflation.
When planning a family, buying a house or starting a business, a ₹7.5 crore cover helps secure your dependents and liabilities.
As your income increases, so should your life cover. If you have already outgrown a smaller policy (like ₹1 or ₹2 crore), upgrading to 7.5 crore term insurance is a practical move.
If your children’s education, family lifestyle or business continuity depend on your income, ensure your insurance reflects that responsibility.
The ACKO Life Flexi Term Plan is designed to provide comprehensive coverage and flexibility for policyholders who need a large sum assured, such as ₹7.5 crore. Here is why it stands out:
Adjust your coverage amount as your financial responsibilities change.
Enjoy cost-effective rates, even for high-value coverage, when purchased at a young and healthy age.
Strengthen your plan with riders such as Accidental Death Benefit, Critical Illness or Disability Income coverage.
Premiums paid are eligible for deductions under Section 80C, and payouts are tax-exempt under Section 10(10D).
Buy, manage and renew your policy online without paperwork.
Hassle-free claims process with dedicated support to ensure your family’s peace of mind.
A ₹7.5 crore term insurance plan is more than just a high-value cover. It is a commitment to safeguarding your family’s financial future. Whether you are a business owner, a professional with dependents or someone planning for long-term security, this plan offers peace of mind at a manageable cost.
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Reviewed by Vaibhav Kumar Kaushik 
Acko Technology & Services Private Limited
#36/5, Hustlehub One East, Somasandrapalya, 27th Main Rd, Sector 2, HSR Layout, Bengaluru, Karnataka 560102
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