Claim Support
✓Nominee payout help
✓Ombudsman escalation
✓Claims settled in 30 days
Protect your family's financial future
Secure Your Family's Future
with the Right Term Plan
Get Expert Insurance Advice – No Spam, No Pressure
Save 10%+ with exclusive digital discount – buy with NYVO at the best price with expert guidance.
Free 30-min call · No obligation · No spam · A real advisor, not a bot.
5/5 Google Rating
As featured in
Built by IIT D/IIM A alum & Finance Veterans
Family-First, Not Commission-First
100% Transparency - No Surprises
Transparent Advice
A
Plan ABest fit
₹1 Cr · ₹14,800/yrB
Plan B
₹1 Cr · ₹18,200/yrIndicative figures · your actual quote depends on age and health.
End-to-End Assistance
We stay hands-on from understanding your family's needs to getting your policy issued, and every step in between.
✓Understanding your family's needs
✓Help through the process
✓Policy issued
Talk to a real advisor
IIT-Delhi & IIM-Ahmedabad · IRDAI certified.
★★★★★2000+ families
What happens on the call
No sales pitch. Just clarity.
1
A free 30-min call
Talk to our IRDAI-certified advisors – real experts, not a call centre.
2
We compare 30+ insurers
We match the right cover to your family's needs and budget – no jargon.
3
An honest recommendation
Buy only if it's right for you. No pressure, no spam, ever.
Free 30-min call · No obligation · No spam · A real advisor, not a bot.
Scenario Comparison
What Happens Without Term Insurance
Let's look at a real scenario: Salaried earner, age 35, ₹20L annual income.
Without Term Insurance
Spouse (non-working) + 2 kids
Home loan: ₹30L remaining
Monthly expenses: ₹60K
The Impact:
- ₹20L/year income gone forever
- Bank may foreclose home
- Kids' education at risk
Total shortfall: ₹100L+
With ₹1Cr Term Insurance
Same family situation
Home loan fully covered
Monthly premium: ~₹800
The Payout:
- Lump sum: ₹1Cr
- Home loan paid off: ₹30L
- Living buffer: ₹70L for 7+ years
- Education continues uninterrupted
Family stays financially stable
Risk Reality Check
The Real Cost of Wait
It's not "will I need it" but "what if the odds catch up?" Probability increases significantly as you age.
Actuarial Risk Assessment
| Age | % Probability of Death | Approximate Odds |
|---|---|---|
| 30 | ~0.15-0.18% | ~1 in 550-650 |
| 35 | ~0.20-0.25% | ~1 in 400-500 |
| 40 | ~0.28-0.35% | ~1 in 285-360 |
| 45 | ~0.45-0.55% | ~1 in 180-220 |
| 50 | ~0.70-0.90% | ~1 in 110-145 |
Source: IRDAI Mortality Statistics & Actuarial Tables
Financial Efficiency
Term Insurance vs Other Plans
Comparing the cost of protecting ₹1Cr income for 30 years.
| Endowment Policy | ULIPs | Term Insurance + Invest Yourself | ||
|---|---|---|---|---|
| Term Portion | Investment Portion | |||
| Yearly Premium | Rs. 1,00,000 | Rs. 1,00,000 | Rs. 15,000 | Rs. 85,000 |
| Policy Term | 20 years | 20 years | 20 years | 20 years |
| Maturity (20 yrs) | Rs 30 lakhs | Rs 43 lakhs | 0 | Rs 61 lakhs |
| Approx. CAGR | 6% | 6–8% | 0% | 10–12% |
| Cons | Underwhelming life cover | Levies excessive chargesLower death benefit | No return or maturity | - |
| Life Cover Protection | Rs. 20 lakhs | Rs. 20 lakhs | Rs. 1 crore | |
Not sure how much cover your family actually needs? Get a clear answer on a free 30-minute call.
Free 30-min call · No obligation · No spam · A real advisor, not a bot.
Target Audience
Is It For You?
| Person Profile | Need Level | The Rationale |
|---|---|---|
| Salaried, married, 2 kids, ₹50L income | YES | Family depends on income; mortgage; kids' education |
| Young professional, single, no debt | Nice to have | Lock in young rate for when family arrives |
| Homemaker, non-earning | Maybe | Only if spouse depends on income replacement |
| Retiree, ₹1Cr+ savings, loans paid | Probably not | If family is independent |
| Self-employed, high variability | YES | Income disruption would destroy finances |
You definitely NEED it if:
You're the main earner
Family would struggle without you
You have dependents
You have home loans or high debt
Pricing Insight
Plan Costs
Indicative monthly rates for a 30-year-old, healthy non-smoker.
₹50L Cover
₹400/mo
30-year tenure
Most Popular
₹1Cr Cover
₹750/mo
30-year tenure
₹1.5Cr Cover
₹1,100/mo
30-year tenure
The Age FactorEvery year of delay makes term insurance significantly more expensive. Buying at 30 instead of 45 can save you up to 5–7x on premiums.
Avoiding Pitfalls
Common Mistakes
Buying too little cover
Family is short ₹25L+ due to poor calculation.
Net loss: massive financial gap
Medical disclosure errors
Hiding issues leads to claim rejection years later.
Family gets ₹0 payout
Delaying your purchase
Wait until 40? Costs double or risks rejection.
Up to 5x higher premiums
Outdated nominations
Old nominees mean legal battles for your spouse.
Crucial delay in payouts
Real Stories
What Our Clients Say
"My parents’ health insurance was a maze I couldn’t navigate alone. NYVO made it simple – they understood my parents’ age, medical history and found the perfect plan."
Kritika Gattani
Founder, Opaque Studio
"I always found buying insurance overwhelming, but NYVO made it effortless. They guided me to the best Health and Term insurance for me and my family."
Tarun Daga
Chartered Accountant
"With a young family, getting health insurance right felt overwhelming. NYVO sat down with us, asked the right questions, and recommended a plan that covers everything."
Himanshu Mehta
Associate Director, JioStar
Ready to Protect Your Family?
Talk to our salaried advisors – no commission pressure, no spam, just honest guidance.
Our Partners
FAQs
