Gydmus Life

IRDAI Registered | Claim Ratio 98.5%

Secure Your Family's Tomorrow

Life is unpredictable, but your family's financial security shouldn't be. Choose from India's best life insurance plans with guaranteed claim settlement. Protect your loved ones with coverage up to Rs 5 Crore starting at just Rs 490/month.

Million+ Policies

% Claim Settlement

Insurance Partners

Life Insurance Calculator

Instant Quote

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Gender

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Occupation

Sum Assured (Life Cover) Rs 50,00,000

Policy Term 25 Years

Premium Payment Term

Optional Riders

Critical Illness +Rs 2K

Accidental Death +Rs 500

Total Disability +Rs 800

Premium Waiver +Rs 400

Your Life Insurance Quote

Comprehensive protection for your family

Monthly Premium

Rs 490

25 Year Term | Rs 50 Lakh Cover

Rs 450

Base Premium

Rs 40

Riders

Rs 88

GST (18%)

Premium Breakdown

Rs 578

Monthly

Base

Riders

GST

Benefits Summary

Death Benefit

Rs 50L

Accidental

Rs 25L

Critical Illness

Rs 10L

Maturity

N/A

Your Coverage Summary

Death Benefit

Rs 50,00,000

Policy Term

25 Years

Total Premium

Rs 1,47,000

Claim Ratio

98.5%

Why Life Insurance is Essential

Financial Security for Your Loved Ones: Life insurance ensures your family maintains their standard of living even in your absence. It covers daily expenses, children's education, outstanding loans, and future goals. A term plan with Rs 1 Crore cover costs less than Rs 500/month for a 30-year-old.

Debt Protection: Home loans, personal loans, and credit card debts don't disappear after death—they transfer to your family. Life insurance ensures your loved ones aren't burdened with debt repayment during an already difficult time.

Tax Benefits: Premiums paid for life insurance are tax-deductible under Section 80C (up to Rs 1.5 Lakh annually). Death benefits are tax-free under Section 10(10D). This makes life insurance one of the most tax-efficient investment options.

Peace of Mind: Beyond financial benefits, life insurance provides intangible peace of mind. Knowing your family will be financially secure allows you to focus on living life to the fullest without constant worry about the future.

Our Plans

Life Insurance Solutions for Every Need

From affordable term plans to wealth-building ULIPs, find the perfect life insurance for your family's unique requirements.

Term Plan

Pure life cover at the most affordable premium. Get high coverage (up to Rs 5 Crore) at minimal cost. Ideal for income replacement and securing your family's financial future.

Highest Coverage

Lowest Premium

Multiple Payout Options

No Maturity Benefit

Whole Life Plan

Lifetime coverage up to age 99 or 100 with guaranteed death benefit and cash value accumulation. Perfect for estate planning and leaving a legacy for your heirs.

Coverage Till Age 99/100

Cash Value Accumulation

Loan Against Policy

Estate Planning Tool

ULIP Plan

Unit Linked Insurance Plan combining life cover with market-linked investment. Choose your funds, switch between equity and debt, and enjoy tax-free returns on maturity.

Investment + Insurance

Fund Switching Options

Tax-Free Returns

Transparency in Charges

Child Plan

Secure your child's future education and dreams. Provides lumpsum payouts at key milestones even if you're not around. Waiver of premium on death ensures policy continues.

Milestone Payouts

Premium Waiver Benefit

Education Fund

Guaranteed Returns

Understanding Life Insurance Terms

Sum Assured: The guaranteed amount your nominee receives upon your death during the policy term. Choose a sum assured that is 10-15 times your annual income to adequately replace your earning capacity.

Premium Payment Term: The duration you pay premiums. Regular pay means paying throughout the policy term. Limited pay (e.g., 10 years) means paying for a shorter period but enjoying full coverage. Single pay involves one lumpsum payment.

Claim Settlement Ratio: The percentage of claims settled by an insurer. A ratio above 95% indicates reliability. Gydmus partners only with insurers having claim ratios above 97% for your peace of mind.

Surrender Value: If you cancel the policy before maturity, you receive surrender value after completing at least 3 policy years. For term plans, this is typically zero unless you opt for return of premium variant.

Compare Plans

Plan Comparison at a Glance

Feature	Term Plan	Whole Life	ULIP	Child Plan
Coverage Duration	10-40 Years	Till Age 99/100	10-30 Years	10-25 Years
Death Benefit	Very High	Moderate	Moderate	Moderate
Maturity Benefit	No	Yes	Yes	Yes
Investment Component	No	Limited	Yes (Market-linked)	Yes (Traditional)
Premium Cost	Lowest	High	High	Moderate
Tax Benefits	80C + 10(10D)	80C + 10(10D)	80C + 10(10D)	80C + 10(10D)
Best For	Young Families	Estate Planning	Wealth Creation	Child's Future

Key Benefits

Why Buy from Gydmus

Instant Policy Issuance

Complete your medical tests online and get your policy within 24 hours. No paperwork, no branch visits.

Compare 25+ Insurers

See quotes from all major life insurers in one place. Compare premium, claim ratio, and features side by side.

Easy Claim Support

Dedicated claim settlement team assists your nominee during the claim process. 98% claims settled within 7 days.

Save up to 40%

Buy online and save on agent commissions. Same policy, same benefits, lower premium directly from the insurer.

How to Buy Life Insurance Online

Step 1: Compare Plans: Use our calculator to compare premiums from 25+ insurers. Filter by claim ratio, premium, and features to find your ideal plan.
Step 2: Fill Application: Complete the online application with personal details, medical history, and nominee information. Takes about 10 minutes.
Step 3: Medical Tests: For most applicants under 45 with sum assured up to Rs 1 Crore, no medical tests required. Higher coverage may need basic tests—arranged at your home.
Step 4: Make Payment: Pay online via UPI, net banking, or card. Receive your policy document via email within 24 hours of underwriting approval.

Why Choose Us

Benefits of Buying Life Insurance Online

Lower Premiums

Save 20-40% compared to offline policies. No agent commissions means direct savings passed to you. Same IRDAI-regulated policy at a better price.

Complete Transparency

View all terms, conditions, and exclusions before buying. Download policy wordings, compare features, and make an informed decision.

Convenience

Buy from home at any time. No sales calls, no branch visits. Manage your policy, pay premiums, and file claims—all from your phone.

Unbiased Advice

Our algorithms recommend the best plan based on your needs, not commissions. Get objective comparisons across all insurers.

Easy Claim Settlement

Our dedicated claims team supports your nominee throughout the claim process. Intimate claims online and track status in real-time.

Digital Policy Management

Store policy documents in Digilocker. Set up auto-debit for premiums. Update nominee, address, and other details online.

Our Partners

Trusted Life Insurance Companies

LIC

HDFC Life

ICICI Prudential

SBI Life

Max Life

Kotak Life

Bajaj Allianz

Tata AIA

FAQ

Frequently Asked Questions

Rule of Thumb: Your life cover should be 10-15 times your annual income. This ensures your family can maintain their lifestyle and meet future goals.

Detailed Calculation: Consider:
- Outstanding loans (home, personal, car)
- Children's education costs (Rs 20-50 Lakhs for graduation/post-grad)
- Family's monthly expenses x 12 x Number of years they need support
- Future inflation (6-8% annually)

Example: Rs 20 Lakh home loan + Rs 30 Lakh education fund + Rs 50 Lakh income replacement (10x Rs 5 Lakh annual) = Rs 1 Crore recommended coverage.

Use our calculator to get a personalized recommendation based on your specific situation.

Term Insurance:
- Coverage for specific period (10-40 years)
- No maturity benefit if you survive
- Lowest premium for highest coverage
- Pure protection—no investment component
- Best for: Young families, income replacement

Whole Life Insurance:
- Coverage until age 99 or 100
- Guaranteed payout whenever death occurs
- Accumulates cash value over time
- Higher premium for same coverage
- Best for: Estate planning, leaving inheritance

Recommendation: Most people should choose term insurance for pure protection and invest the difference in mutual funds or other instruments. Whole life makes sense if you want guaranteed inheritance or estate planning.

Grace Period: All life insurance policies have a 30-day grace period for monthly premiums and 15 days for annual premiums. Pay within this period and your coverage continues uninterrupted.

If Grace Period Expires:
- Policy enters "lapsed" status
- No coverage during lapse period
- Can be revived within 2-5 years depending on insurer

How to Revive:
1. Pay all pending premiums with interest
2. May require health declaration or medical tests (for long lapse)
3. Insurer may decline revival if health deteriorated

Pro Tip: Set up auto-debit from your bank account to never miss a payment. Most insurers offer 1-2% discount for annual premium payment mode.

Yes, NRIs can buy life insurance in India.

Eligibility:
- Must be Indian citizen/passport holder
- Can buy during India visit or from abroad
- Medical tests can be done at empaneled centers globally

Premium Payment:
- Pay from NRE/NRO account
- Pay in foreign currency (USD, GBP, EUR)
- Set up auto-debit for hassle-free renewal

Tax Implications:
- Premium and death benefit tax-free in India
- Check tax liability in country of residence
- DTAA benefits available with many countries

Claim Settlement:
- Nominee can be in India or abroad
- Claims settled in Indian Rupees
- Can remit death benefit abroad as per FEMA rules

Identity Proof (Any one):
- PAN Card (mandatory)
- Aadhaar Card
- Passport

Address Proof (Any one):
- Aadhaar Card
- Passport
- Utility Bill (electricity, telephone)
- Bank Statement

Age Proof:
- Birth Certificate
- Passport
- School Leaving Certificate
- PAN Card (for age declaration)

Income Proof (for high coverage):
- Salary Slips (3 months)
- Bank Statements (6 months)
- ITR (2-3 years)
- Form 16

Photographs: Recent passport-size photographs

With Gydmus, upload all documents online and complete KYC via video call—no physical submission required.

Protect What Matters Most

Get your life insurance quote in 30 seconds. Your family's financial security is just a few clicks away.