30 lacs of term insurance for 30 yrs – which one ?

POSTED BY Kalyan ON March 24, 2014 2:41 pm COMMENTS (7)

I want to take term insurance for 30 years and for 30 lakhs.which one will be better.

7 replies on this article “30 lacs of term insurance for 30 yrs – which one ?”

  1. rahulsharma2617 says:

    Bharti AXA Life provides wide range of life insurance plans to choose from like term insurance, child insurance plans, etc at reasonable premiums. Check with them they will definitely have a better plan for you.

  2. ashalanshu says:

    Dear Kalyan, what’s your age, income, family size, loan liabilities, other assets and investments?

    Thanks

    Ashal

  3. curiousraj says:

    Aegon Religare would be cheapest and smooth processing. Moreover specifically go with medical tests. generally medical test are compulsory for more than 50 lac. But it is always better to opt for medical test (no extra payment for this). Please don’t hide any personal or family medical problems.
    Kotak has option of monthly premium but costlier than Aegon and Aviva

  4. Hemanth Chandra says:

    Dear Kalyan,

    How you decided the insurance amount as 30 lakhs ??

    Regards,
    Hemanth.

    1. Kalyan says:

      hi
      i have calculated 10 times of my annual income.

      1. Hemanth Chandra says:

        Life Insurance is to be taken when there are dependents on you, which means people who are living on your income other than you.

        Do you have any like that

        Regards,
        Hemanth.

  5. rajiv2727 says:

    Hi,

    Check this link out.
    http://www.mintwise.com/wp-content/uploads/2014/03/SingleView.png

    It contains comparison of all major insurance providers, to help you reach a decision.

    Regards,
    Rajiv

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