POSTED BY June 8, 2012 7:59 pm COMMENTS (2)ON
I applied for 60L premium online at aegon-religare for term insurance. I paid 10195/-, but they reverted back with a counter offer asking me to pay 13974/- (citing my smoking habit)… problem is there is no option in the form to tell them that i had quit.. also i was an infrequent smoker and sure that there won’t be any trace of nicotine in my blood samples.. but I had to tick ‘yes’ in the smoking column, just to be honest.
So now, my question is whether to accept this counter offer or not. Is this too much of a premium? pl let me know.