Acko Term Insurance: Plans, Benefits, Premium, and Claim Process 2025

Aaj ke time me life insurance ek basic financial need ban chuka hai. Term insurance ek simple aur affordable insurance policy hoti hai jo aapke family ko financial protection deti hai agar aapke saath koi unfortunate incident ho jaye.

India me kaafi insurance companies available hain, lekin Acko Term Insurance apne digital-first model, low premiums aur paperless claim process ke liye kaafi popular hai. 2016 me establish hua Acko Insurance, short time me hi customers ke beech trust gain kar chuka hai.

Is blog me hum detail me dekhenge Acko Term Insurance ke plans, benefits, premium, claim process aur FAQs, taaki aapko right decision lene me help mile.

About Acko Term Insurance

Acko ek IRDAI-registered digital insurance company hai jo 100% online process ke liye known hai. Acko term insurance policy ka main focus hai – affordable premium me high coverage provide karna.

Founded: 2016
Type: Digital-first general & life insurance provider
USP: Low operating cost = Low premium for customers
Claim Settlement Ratio (2024–25): ~97%+ (IRDAI data)

Key Features of Acko Term Insurance

✅ High coverage at affordable premiums – Young buyers ke liye ekdum pocket-friendly.
✅ 100% paperless process – Policy buy, manage aur claim sab online.
✅ Flexible premium payment – Monthly, quarterly, yearly options.
✅ Riders available – Accidental death, critical illness, waiver of premium.
✅ Tax benefits – Section 80C & 10(10D) ke under.
✅ Easy claim process – Fast verification aur settlement within 30 days.

Types of Acko Term Insurance Plans

1. Pure Term Plan

Sirf life cover provide karta hai.
Lowest premium option.
Suitable for breadwinners and young professionals.

2. Term Plan with Riders

Extra protection with accidental death benefit aur critical illness rider.
Premium thoda zyada hota hai but coverage wider hota hai.

3. Return of Premium Option (if available)

Agar policyholder ki death nahi hoti aur policy term complete ho jata hai, toh premium ka ek hissa wapas milta hai.
Thoda costly option but “savings mindset” walo ke liye sahi.

Acko Term Insurance Premium Example (2025 Estimate)

(For a healthy 30-year-old, non-smoker, ₹1 crore sum assured, 20 years policy term):

Pure Term Plan: ₹450 – ₹600 per month
With Riders: ₹650 – ₹900 per month

👉 Compare karo to traditional companies ke premium se kaafi kam hai, kyunki Acko ka 100% digital model costs reduce karta hai.

Claim Settlement Process – Acko Term Insurance

Acko claim filing process bahut simple aur fast hai.

Step 1: Claim Intimation

Acko website/app par claim raise karo.

Step 2: Document Submission

Policy documents
ID proof
Death certificate (death claim ke liye)
Medical reports (critical illness claim ke liye)

Step 3: Verification

Acko ki team documents verify karti hai.

Step 4: Settlement

Approved claims usually 30 days ke andar process hote hain.

👉 IRDAI data ke hisaab se Acko ka claim settlement ratio ~97%+ hai jo industry standard ke according accha hai.

Benefits of Choosing Acko Term Insurance

Affordable Premiums – Market me sabse low-cost options me se ek.
Digital-First Experience – Sab kuch app/website se manage hota hai.
Transparency – No hidden charges, simple policy terms.
Young Professionals ke liye Best – Kam umar me low premium lock karna possible.
Riders for Extra Security – Accidental aur illness cover ke saath complete protection.

How to Buy Acko Term Insurance Online?

Visit Acko official website ya Acko app download karo.
Term insurance option select karo.
Premium calculator me age, income, cover amount fill karo.
Suitable plan + riders choose karo.
KYC documents upload karo (Aadhaar, PAN).
Medical check-up (agar required ho).
Online payment karke policy instantly issue ho jata hai.

FAQs – Acko Term Insurance

Q1. Is Acko Term Insurance reliable?
👉 Ji haan, Acko IRDAI registered company hai aur iska claim settlement ratio ~97%+ hai.

Q2. Why is Acko premium cheaper than other insurers?
👉 Kyunki yeh 100% digital hai, branch aur agents ka cost nahi hota.

Q3. Can I buy Acko Term Insurance without medical test?
👉 Haan, lower coverage ke liye ho sakta hai, lekin high coverage ke liye medical test zaroori hai.

Q4. Does Acko provide riders?
👉 Ji haan, critical illness, accidental death aur waiver of premium riders available hain.

Q5. What documents are required for claim?
👉 Policy copy, ID proof, death certificate (for death claim), aur medical papers.

Conclusion

Acko Term Insurance ek budget-friendly aur tech-driven solution hai jo un logon ke liye perfect hai jo hassle-free aur affordable life cover chahte hain. Iska 100% digital process, low premiums aur fast claim settlement ise India ke top term insurance options me laata hai.

👉 Agar aap young professional ho aur family ko secure karna chahte ho without paying very high premiums, to Acko Term Insurance 2025 me ek accha option hai.