POSTED BY August 30, 2013 1:50 am COMMENTS (3)
ONHi Manish/All,
I recently bought the aegon religare iterm plan for 100 Lacs as pure protection plan. I bought this for couple of reasons –
– being one of few plans which were offering more than 30 years considering that (I’m 26/27) to cover untill my retirement
– covering ALL forms of death, even terror attacks (only exclusion being suicidal death in first year) see below link.
https://buy.aegonreligare.com/insurance/term-insurance.html?key=C2G&WT.mc_id=SEMGOOGLE%28Brand_Exact_BB%29&gclid=COCihNq6o7kCFZF04godQVoAIA
– terminal illness benefit. But as per company, it seems that terminal illness is diffrent from the critical illness. I have been thinking should i buy a critical illness cover and buy someother online term plan…
I’m aware that their clain settlement is like 91% (which 21 out of 23) but i thought plan is good from cover perspecive.
Do you think that was a right move?
Thanks in advance.
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Dear Beginner, you can purchase a health policy from a general insurer & add CI & Accident plan with that.
Thanks
Ashal
Thanks Ashal.
I will try creating medical emergency fund but I am wondering as to if i have to buy critical illness plan and also have health insurance policy with 7 lakhs, do i need to?
On the critical illness benefit let me be more clear – why i thought about critical illness is, some online term plans do offer critical illness benefit as part of their benefits of coverage, but AEGON RELIGARE only covers terminal illness?
Now, i have to buy 2 more policies one for critical illness and personal accident as well. I’m trying to reduce number of policies which is cumbersome.
any suggestions please?
Dear Beginner, relax. You have made a sensible choice. Regarding Critical illness plan, please purchase it from general insurance companies as a stand alone policy & at the same time, start creating a medical emergency fund for your family.
Thanks
Ashal