Many Indian women, especially housewives, caregivers, and those between jobs, believe they can’t get proper life insurance. But in 2025, that’s no longer true.
Insurers are finally recognizing unpaid labour, caregiving roles, and non-salaried contributions. If you’re a homemaker, self-employed, or in between jobs — you can still get up to ₹2 crore in term cover, without salary slips or ITR.
What Has Changed?
Earlier, only salaried or business-income individuals could apply for high-cover term plans. But now:
- Some insurers accept spouse’s income as a basis to approve cover for a homemaker
- Many plans use telemedical checkups instead of requiring hospital visits
- Documents like Aadhaar, PAN, bank passbook, and even house registration are accepted to assess lifestyle and eligibility
- Joint policies with working spouses can be used to get better rates
Here’s what they submitted:
- Husband’s salary proof
- Joint utility bills and property ownership
- Her Aadhaar and PAN
- Medical history via phone checkup
Insurers That May Offer Term Plans Without Income Proof
- HDFC Click2Protect Life or Super
- Max Life Smart Secure Plus
- ICICI iProtect Smart
- Aditya Birla DigiShield Star
Note: Final approval depends on age, health, city, and financial declarations.
Beware of These Myths
- You can’t get term insurance without income — False
- Housewives should only take endowment plans — Outdated
- You must invest for 10 years to get ₹1 crore — Not true anymore
Smart Tips Before You Apply
- If married, apply jointly or with spouse as reference
- Disclose all medical conditions, even minor ones
- Choose a trusted advisor who’s IRDAI-licensed
- Ask if the plan offers Return of Premium (ROP) if you outlive the term
You don’t need a job title to protect your family.
Whether you’re managing the home or building a business from scratch, your life is valuable — and insurable. You don’t need a salary to secure your family’s tomorrow. You just need the right plan — and a little guidance to get started.
