Your family deserves
the right cover.
Not just any cover.
How much life cover do you actually need?
We use the DIME method — the most accurate way to calculate your ideal term insurance coverage.
Step 1 of 4 — Basic Details
Income Replacement
20 years of your family's expensesThis is the "I" in DIME — covers your family's expenses for 20 years if you're no longer around.
Life Insurance Services
Clear guidance on every type of cover. We recommend only what makes sense for your family.
Term Insurance
Maximum coverage at minimum cost. The most rational way to protect your family's financial future.
Zero Cost Term
Premiums returned to you if you outlive the policy. Protection that leaves nothing on the table.
For Housewives
Full term coverage without an income proof requirement. Because every contribution has real value.
Life Insurance for NRIs
India-based cover that keeps your family protected no matter where in the world you work.
Your path to protection
Calculate
Use the DIME calculator to find your exact coverage number. 4 inputs, 2 minutes, done.
Consult
A Thodu advisor reviews your numbers and recommends the best policies. No selling, just advice.
Get Covered
We handle the application, documents, and follow-ups until your policy is active.
Understanding Life Insurance
Life insurance is one of the most important financial decisions you can make for your family. Learn the basics to make an informed choice.
What is Life Insurance?
Life insurance is a contract between you and an insurance company that provides financial protection to your family in the event of your death. In exchange for regular premium payments, the insurer promises to pay a lump sum amount, known as the death benefit or sum assured, to your nominated beneficiaries.
This financial safety net ensures that your loved ones can maintain their standard of living, pay off debts, fund education, and meet daily expenses even when you are no longer there to provide for them.
Why Do You Need Life Insurance?
If you have dependents who rely on your income, life insurance is essential. It protects your family from financial hardship by replacing your income, covering outstanding loans like home loans or car loans, and ensuring your children's education is not compromised.
Life insurance also provides peace of mind knowing that your family will be taken care of financially, allowing them to grieve without the added stress of financial uncertainty.
Types of Life Insurance in India
Term Insurance
Pure protection plan that offers high coverage at low premiums. Pays the sum assured only if the policyholder dies during the policy term. Most affordable and recommended form of life insurance.
Whole Life Insurance
Provides coverage for your entire lifetime, not just a specific term. Typically more expensive than term insurance but guarantees a payout to your beneficiaries whenever you pass away.
Endowment Plans
Combines insurance with savings. Pays the sum assured either on death or at maturity, whichever comes first. Lower returns compared to pure investment options but offers guaranteed payouts.
How Much Life Insurance Coverage Do You Need?
A common rule of thumb is to have coverage of 10-15 times your annual income. However, the ideal coverage depends on several factors including your age, income, existing debts, number of dependents, lifestyle expenses, and future financial goals like children's education or retirement.
Consider all your financial obligations and future expenses when calculating the coverage amount. It is better to have slightly more coverage than to leave your family underinsured. Our advisors can help you calculate the right coverage based on your specific situation.
Helpful Articles
Explore our helpful articles to gain expert insurance tips, practical guidance, and insights that protect your future effectively.
Choose Thodu for a well-guided insurance purchase
Speak with one of our experienced insurance advisors today and find the coverage that's right for you. Your peace of mind is our priority.
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