Everything you need to know about buying insurance through StoxGo.
Which is the best term life insurance in India 2026?+
HDFC Life Click 2 Protect Super, ICICI Prudential iProtect Smart and Tata AIA Sampoorna Raksha are among the top-rated plans with claim settlement ratios above 97%. The best plan depends on your age, coverage amount and policy term.
What is the minimum premium for a ₹1 Crore life insurance plan?+
For a 28-year-old non-smoker, a ₹1 Crore term plan starts from as low as ₹490/month. Premiums increase with age. The earlier you buy, the lower your premium for the same coverage.
How much health insurance coverage is enough for a family?+
For a family of 4 in a metro city, a minimum of ₹10 Lakh sum insured is recommended. Given rising medical inflation, ₹15–25 Lakh is ideal. Family floater plans cover all members under a single policy at a lower premium than individual plans.
What does comprehensive motor insurance cover?+
Comprehensive motor insurance covers own damage (accidents, theft, fire, natural disasters) plus third-party liability. Add-ons like zero depreciation, engine protection, roadside assistance and return to invoice cover can further enhance your policy.
Are these insurance plans regulated by IRDAI?+
Yes. All plans shown are from IRDAI-regulated insurers. IRDAI (Insurance Regulatory and Development Authority of India) ensures every policy is legally valid and claims are honoured. StoxGo acts as a referral partner — we help you compare and connect with the right insurer.
Is there a tax benefit on insurance premiums?+
Yes. Life insurance premiums qualify for deduction up to ₹1.5 Lakh/year under Section 80C. Health insurance premiums qualify up to ₹25,000/year (₹50,000 for senior citizens) under Section 80D. Motor insurance does not have a direct tax benefit but is mandatory by law.