Choose enough life cover
Consider loans, family expenses, education, and future income needs.
Insurance
Life Insurance
Protect your family income with life cover that matches your responsibilities and goals.
Before you start
Life Insurance Eligibility and Document Guide
Check the basic rules and keep the required records ready before starting this service.
Important before you apply
Key points to consider for Life Insurance
Check these points carefully before choosing an option or starting your application.
Understand the policy type
Know whether it is term cover, savings-linked, market-linked, or another plan.
Disclose all facts
Give correct health, tobacco, job, travel, and existing-policy information.
14 eligibility points
Eligibility Criteria
See the basic conditions normally checked before you can apply.
Eligibility / Underwriting
- Entry age and maximum maturity age depend on plan.
- Applicant/proposer and life assured relationship must be acceptable.
- Age.
- income and financial justification for requested sum assured.
- occupation.
- education/profile where insurer asks.
- medical history.
- family medical history.
- tobacco/smoking/alcohol and lifestyle.
- existing life cover.
- hazardous occupation/hobbies.
- resident/NRI status.
- insurer can require medical examination based on age, cover and health.
- requested cover is not guaranteed merely because premium quote is generated.
35 document points
Document Requirements
Check which clear and valid documents you should keep ready.
Core Documents
KYC
- PAN.
- identity proof.
- address proof.
- recent photo/live photo.
- date-of-birth proof.
- mobile/email.
- CKYC identifier where used.
Income proof - commonly required for term/high cover
Salaried
- latest salary slips.
- Form 16.
- 6-month bank statement or insurer-defined period.
- ITR/computation where requested.
Self-employed
- ITR, commonly 2 years or insurer-defined period.
- audited Balance Sheet/P&L, where required.
- bank statements.
- business proof.
Medical
- proposal health declaration.
- existing disease/treatment records.
- medical tests/examination reports requested by insurer.
Policy setup
- nominee details.
- appointee if nominee is minor.
- bank/payment details.
- existing insurance details.
- source-of-funds / AML information for applicable cases.
NRI - Conditional
- passport.
- visa/residency.
- overseas address.
- FATCA/tax-residency.
- NRI declaration in lieu of PAN only where insurer permits.
- overseas income proof/medical documents.
Buy life insurance in three steps
Follow these three simple steps.
- 1Check the coverReview what life insurance covers, does not cover, and when the cover starts.
- 2Share correct detailsEnter the requested personal, health, vehicle, home, or risk information correctly.
- 3Buy and keep the policyPay only after checking the policy terms and keep the issued policy safely.
More insurance services
Open another service to read its own eligibility and document guide.
Reference Basis
These public sources were checked for this guide. Rules can change, so open the source for the latest official information.