January 26, 2014 10:52 pm
hi , I want to take term Insurance , My age is 30 year now, I want take 30 lacs term insurance for 30 years , please suggest best term insurance company and plan name.
Dear Triyambak, in my case Aviva is providing cover even for terrorist attack death.
which company will provide claim for any any type of death. I have seen term condition of some comp they are not providing claim under earthquake etc…..
Dear Triyambak, in my personal case, I opted from Aviva and for your information, due to my job profile (I a Chem. Engr. by profession), the prem. was loaded up by AVIVA by 3.5 times from the original quote. Still I went ahead and opted Aviva.
You can make any conclusion here.
that correct, take in mind deceleration is all correct , then suggest as per your experience
in which comp i have to choose for term insurance.
Dear Triyambak, X company has good settlement ratio but some one take a policy with some false declaration, what should the company do if claim arise? Should it honor the claim to keep it’s claim ratio good or should it reject the claim?
Apart from LIC , which would be best in terms of settlement ration in private comp.
if claim settlement is your primary concern wait for LIC of India to launch products soon
Dear Triyambak, normally online policies offer yly prem. mode. Please check with respective site for more details on prem. payment. On the basis of claim settlement alone, LIC ‘ll be no. one but as on date Term plans are not availble in LIC.
I have checked policy details through policy bazaar.com ,on above which comp have best settlement ratio , which can provide less premium for 30 lacs insurance , can i give premium monthly basis ?
Dear Triyambak, please purchase online term cover from the choice of your insurer. Aviva, Aegon, Kotak, HDFC, Metlife, ICICI Pru, SBI…………….
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