Dear Renu,

You can evaluate Saral Jeevan Bima. It is a standard health insurance policy that does not require minimum 5 Lacs income.

Regards

Rohit Dhingra

*Correction in earlier text.. Standard Term Insurance Policy.

Hi Renu Kumar,

LIC is the only entity which offer you a Term Plan if you do not touch 5 LPA currently

Get in touch for details

Thanks

Komal Jain

Qualified Personal Finance Professional ®

Dear Renu

Would depend on your age , education qualification and current proven income through ITR or salary slip and sum assured desired .

A good advisor can build your case and get you term cover .

Though almost all companies have clear guidelines of Rs 5 lakh to avoid moral hazards. .

So if your intent is good alongwith supportive docs then case can be considered .

Best wishes

Shailesh Kumar

Insurance Samadhan

To answer your question, yes, many companies offer term insurance without the prerequisite of a five lakh per annum salary. You can research and compare different insurance policies to find one that fits your budget and needs.