Affinity · Term Insurance
Life cover for the people mainstream insurance leaves out
Sachet term for daily wage earners and gig workers. Loan protection term for borrowers. Short tenure, low premium, real coverage - designed for the India that doesn't fit a traditional term policy.
LOAN PROTECT
Credit-linked balance cover
SLA GUARANTEED
20-day median settlement
Cover details
The protection scope, sub-covers and tenure options available - configurable per your platform and user segment.
Sachet Term
Low premium, short tenure (daily/weekly/monthly/annual), small sum insured - designed for low-income individuals and gig workers who need real life cover.
Included coverage
- Daily, weekly, monthly, annual tenure
- Low premium from ₹5/month
- Simple issuance - no medicals for small sum insured
For: Low-income borrowers, gig workers, SME employees, blue-collar workforce
Loan Protection Term
Pays the outstanding loan amount on the borrower's death - protecting the lender's book and leaving the borrower's family debt-free.
Included coverage
- Outstanding loan balance paid to lender
- Mandatory or soft-mandatory at disbursal
- Fast claim settlement - median: 20 days
For: Borrowers across MFIs, NBFCs, digital lenders and co-lending platforms
Which platforms embed Term Insurance
Term Insurance works across a wide range of industries and trigger moments. We scope both together so the cover appears exactly when your user needs protection.
Embeds at
Lending & NBFCs
Loan protection term at disbursal - mandatory or soft-mandatory
Microfinance
Group meeting-based sachet term for MFI borrowers
Micro Fintech
Short-tenure term bundled with small-ticket digital loans
HRMS & Payroll
Sachet term as employee benefit embedded in payroll
Telecom / Prepaid
Weekly or monthly micro-term bundled with prepaid recharge
Chit Funds & Cooperatives
Member-level term cover linked to chit contribution
Rural Agri Fintech
Kisan-linked term for farmers with seasonal crop loans
Why Bharatsure
Built around real user moments
We help platforms package, trigger and service term insurance at the exact point where users already need protection, with product design, insurer rails and claims operations working as one stack.
Sachet-friendly
Daily, weekly and monthly tenures at ₹5–₹50 premium; life cover doesn't have to mean a 20-year annual commitment
Loan protection is a lender win too
The insurer pays the outstanding balance directly to the lender on the borrower's death; claims are settled fast
MFI-ready
Group meeting trigger, bulk issuance, member-level tracking; built for how MFIs actually operate
Live on the platform
Partners who have embedded this product.
Digital lending platform
Credit-Linked Life Insurance
Coverage
Outstanding loan amount paid directly to lender on borrower's death. Premium starts at 0.2% (varies by loan amount, tenure, and borrower age).
500+
lives covered
Death claims settled within 20 days
Outcome
Capital protection for lender; borrower's family inherits a debt-free estate with no outstanding liability
How it embeds
A business owner takes a large loan and passes away unexpectedly, leaving their family with the debt burden and the lender's capital at risk. The credit-linked life cover pays the outstanding balance directly to the lender - the family inherits a debt-free estate and the lender's book is protected.
Common questions
View all FAQsThe median settlement for this lending use case is 20 days. Bharatsure's claims desk manages documentation collection and follow-up with the insurer to keep this timeline.
Yes. Many lenders make it mandatory at disbursal, with the premium either absorbed by the lender or added to the loan cost. Bharatsure can advise on the right model for your loan book and regulatory context.
Minimum sum insured and exact premium range are confirmed at product scoping. Sachet term is designed for affordability - typically no medical underwriting for small sum insured amounts.
Give your borrowers and workers the life cover they deserve
Embed life cover at the moment of commitment - loan disbursal, account opening or sign-up. Tell us your platform and trigger, and we'll scope sachet or credit-linked term cover that protects your users and your book, issued instantly via API.
