Dear Manish,
I have noticed that premium of Sum assured at Rs. 50 lacs(Under Term Insurance) of all insurance companies are almost lower in the bracket. For example the premiun at Sum asuured Rs.40 lacs is higher than the premium of Sum assured at Rs.50 lacs. I want to diversify the sum assured of Rs.1 Crore into two parts i.e Sum assure of Rs. 50lacs each to be taken from Aegon Religare and AVIVA rather than taking Only from Aegon Religare or AVIVA. Kindly suggest am i in right way???