The tax saving life insurance term quote is like an income to your family at an exempted premium. • Check for the number of members in your family and the position you are in right now. This is the main factor your tax saving life insurance policywill depend upon. • The life insurance tax saving plan should meet the requirements of your family in the future. The cover amount should depend solely on the need of your family. • The plan should also ensure other loans and liabilities. Make sure to choose a plan that meets those costs too. • Ensure that you select a life insurance tax saving quote that has a higher claim. The insurer should give higher claims so that you acquire more assured amount. • Term insurance plans are the best tax saving life insurance. There are other covers too that give you higher coverage. An employment loss cover is an example.