Hi,
I am 23 and I don’t have a life-insurance yet. I reviewed all the pure term life insurance policies available in market and zeroed in on ICICI Prudential’s iProtect which I found, is the cheapest. I thought of buying this policy for an sum assured of 70 lakhs for which the annual premium is 7000rs approximately.
Before I buy this policy, I would invite valuable suggestions from the members of this forum regarding this policy, the quality of service offered by these guys and their claim settlement ratio. I am I justified in thinking that its not as safe and as good as any LIC term policy? Also, enlighten me if I have missed out something. Thanks!!! 🙂