INSURANCE: Life insurance (term plan)

The table assumes a person needs cover till age 60. Hence, for a 30-year-old, the term is 30 years. As the age increases five years, the term falls five years. So, for a 35-year-old, the premiums given are for a term of 25 years. The premiums are for a male, white-collar employee and a sum assured of Rs 10 lakh, and are inclusive of 12.36 per cent service tax. Figures in red indicate cheapest cover for designated age and term.