I am thinking to have one Term Plan for myself. After some reading feel that AVIVA I-Life online plan should be to go with. I called up their customer care for some basic queries. The guy said, Term Cover of 50 Lacs has no health checkup !!
Is it true ?? If this is the case, then person with any known desease can even apply for 2 term plan of 50Lac with no prior health checkup and would have cover of 1 Cr. Or would have 2 term plans from different insurance company.
I feel something wrong here. Any comments on this ?