India, Sept. 2 -- Buying term insurance when young is straightforward. You are healthy, the paperwork is simple, and approvals rarely take long.

But apply for a large cover like a 2 crore term insurance plan closer to the upper end of the age bracket, and things get more detailed. Insurers check more, ask more questions, and several compliance factors come into play that can affect whether you get approved, at what price, or with what conditions.

Understanding these factors before applying saves time and avoids surprises.

Every term plan has an entry age range. Most insurers in India allow entry from 18 years, and the maximum entry age typically sits between 60 and 65, though a few plans extend to 70.

The term insurance age limit is n...