POSTED BY October 17, 2013 2:59 pm ONE COMMENT
ONThanks for providing the important and useful information. A list of term insurance options has been given. I am a little afraid because you have not mentioned about TATA AIA – I Raksha Supreme and I have recently taken term insurance for Rs 5000000 /- from them. Premium is Rs 31573 /- (inclusive of tax) to be paid for 10 years only. The insurance is for 36 years (up to 2049) 80 years of my age.
Please let me know about it.
Thanking you,
Surinder K Gupta
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Dear Surinder, Relax. Prem. was you are paying a higher prem. for an unwanted cover. Do you realy need cover for age 80? already you are aged 44, hence a lot of financial liabilities are either over or partial provisioning is there by you. If i’m in your place, I w’d opt for age 60 cover and ‘ll save a good amount of prem.
Thanks
Ashal