Need a suggestion on the Term Insurance Plan
I am having Jeevan Anand Policy for which i am paying around 33K per year and don’t know nothing more than this … Recently came to know about the term insurance from friends and lot of information from jagoinvestor. Now thinking cancelling/handing over the existing 7 year old LIC policy and buying 2 term insurance plans of worth 1Cr each .
Why I am thinking like this
Low Premium with max amount and also for better security(financially) to my family in case of my absence .
can u suggest me whether its good option if so can you please help me in finding best term insurance plans in market as i am married and having a kid and wife was home maker ..
Thanks,
Vinod Roy