How would you rate the BSLI High Networth Term Plan- Age 29yrs; cover- 50 lacs; premium-12k

POSTED BY Parry ON April 6, 2012 4:52 pm ONE COMMENT

Hi, I purchased the BSLI High Networth Term Plan some time back. For a cover of 50 lacs at 29 yrs age the premium is abt 12k (including s_tax). Is this an expensive plan? Also, what are the pros and cons of moving to another term plan. I am also considering topping up with a term cover from another co. Which covers do you guys suggest.

Rgds, Parry

One reply on this article “How would you rate the BSLI High Networth Term Plan- Age 29yrs; cover- 50 lacs; premium-12k”

  1. Dear Parry, after the arrival of so many online term covers & reduction of prem. in offlines too, your current plan is a costly one. Please purchase a new plan of a higher Sum assured & then only think of dumping your existing cover.

    Thanks

    Ashal

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