<ul><li>Women's term insurance is generally 15 to 20 percent cheaper than men's term insurance due to their higher life expectancy and lower chance of making a claim during the term period.</li><li>Female term insurance includes coverage for critical illnesses like breast or ovarian cancer, providing early payouts on diagnosis and specialized benefits like teleconsultation with gynaecologists and urologists.</li><li>Homemakers can now get term insurance policies that offer financial protection, with the spouse's salary slip or ITR statement serving as proof of income for underwriting.</li><li>Leading insurance providers like HDFC Life, Axis Max, Tata AIA, ICICI Pru, Bajaj Allianz, and PNB Metlife offer homemaker term insurance with sum insured up to ₹1 crore, costing an annual premium of ₹12,000 to ₹14,000.</li></ul>

Term insurance for women

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