Why should women buy Life Insurance in 2026?

In 2026, women are increasingly balancing income, entrepreneurship, caregiving and long-term financial goals. Life Insurance can add a protection layer to that financial plan by helping dependants manage income loss, liabilities and future commitments if the insured dies during the policy term.

Aditya Birla Sun Life Insurance (ABSLI) offers a range of Insurance Plans, including women-focused solutions under its Her Insurance portfolio. The life insurance sector operates under the regulatory oversight of the Insurance Regulatory and Development Authority of India (IRDAI), making policy terms, disclosures, underwriting and policyholder protection important considerations when choosing cover.

As per ABSLI's annual audited claims data submitted to IRDAI for FY 2025-26, 98.86% of individual claims were settled, with ₹630+ crore in total claims settled. This is historical claims data and should be considered alongside product suitability and policy terms.

What are the 5 benefits of Life Insurance for women?

The 5 benefits of Life Insurance can be understood through the financial risks it can help address:

1. Income protection: A death benefit can help dependants manage the loss of an earning member.
2. Liability protection: Life cover can help provide a financial cushion against outstanding Loans and other obligations.
3. Goal protection: It can support long-term goals such as children's education or family financial commitments.
4. Financial independence: Women can maintain protection in their own name instead of relying entirely on another family member's policy.
5. Legacy and continuity: Life Insurance can provide a defined benefit to the nominee, subject to the policy terms.

The right amount of cover depends on income, dependents, liabilities, assets, and future financial goals.

Why is Life Insurance important even for women who are homemakers?

A homemaker's contribution is not limited to a salary. Childcare, household management, eldercare, and other responsibilities have economic value and may require significant expenditure to replace. Life Insurance for a homemaker can therefore help the family address additional costs that may arise after an unexpected loss. The cover should reflect the financial impact of replacing these responsibilities rather than being based only on earned income.

Families should also keep policy and nominee information accessible so that the intended protection can be used when needed.

Do women generally pay lower Life Insurance premiums than men?

Gender can be considered in actuarial pricing, where permitted by the applicable product structure, alongside age, health, lifestyle, sum assured, and policy term. Women may therefore receive lower premiums for comparable cover in some products when assessed mortality risk is lower.

However, the IRDAI Annual Report 2024-25 does not provide a single gender-specific mortality percentage that can responsibly be converted into a universal premium discount for all insurers and products. Actual pricing varies by product and individual underwriting.

Women should therefore compare real quotations rather than relying on a generic percentage claim about premium savings.

What does ABSLI Her Insurance offer women?

ABSLI Her Insurance is a women-focused suite designed around different financial needs and life stages. The official ABSLI offering includes protection, guaranteed income, wealth creation and retirement-oriented solutions.

The suite includes products such as ABSLI Super Term Plan, ABSLI Nishchit Aayush Plan, ABSLI Guaranteed Annuity Plus, ABSLI Akshaya Plan, and ABSLI Param Suraksha Plan. You can explore ABSLI Her Insurance to understand the products, benefits, and applicable eligibility conditions.

How can women calculate how much Term Insurance they may need?

A Term Insurance calculator can help estimate an appropriate level of protection by considering inputs such as age, annual income, existing life cover, savings, liabilities and financial goals.

The ABSLI Term Insurance calculator can provide an indicative estimate based on the information entered. The calculator result is not a final quote. The final premium and eligibility are subject to underwriting, selected product, policy term, payment structure and applicable taxes.

Can women living abroad buy Term Insurance for NRI in India?

NRIs may be eligible to purchase Life Insurance in India, subject to the insurer's eligibility criteria, applicable regulations, documentation, and underwriting requirements. A Term Insurance for NRI in India can help protect family members and financial commitments connected with India, but the available products, medical requirements, documentation and payment arrangements can differ based on the applicant's country of residence. NRIs should check the latest insurer requirements and product terms before applying.

How should women compare Insurance Plans in 2026?

Insurance Plans should be compared based on the purpose they serve rather than only their premium. For protection, compare sum assured, policy term, premium-payment term, exclusions, riders, payout options, and insurer service.

Women should also consider whether they need pure protection or a product that combines Insurance with savings or other benefits. You can compare ABSLI Term Insurance Plans and review the product terms before making a decision.

What does ABSLI's latest claim settlement data mean for women policyholders?

Claim settlement ratio is one indicator that can help customers assess an insurer, but it should not be considered in isolation.

ABSLI's FY 2025-26 claims data states that, as per annual audited figures submitted to IRDAI, 98.86% of individual claims were settled, with ₹630+ crore in total claims settled.

This is historical performance data and does not guarantee the outcome of an individual future claim. Claims remain subject to policy terms, disclosures, exclusions and applicable requirements.

How can women buy suitable Life Insurance from ABSLI in 2026?

Start by assessing income, dependents, liabilities, existing Insurance, and long-term goals. Then compare products based on the type and amount of protection required.

You can compare ABSLI Term Insurance Plans, use the ABSLI Term Insurance calculator, and explore ABSLI Her Insurance. If a selected product meets your needs, use the relevant product page's online purchase journey, subject to eligibility, underwriting and applicable policy terms.