Inquiry about Life Insurance other that Term Plan

POSTED BY Mitra_kol ON May 29, 2014 9:49 pm ONE COMMENT

Hi,   I am around 42 years male, the single bread earner for a 4 member family.  I want to start new LIC Policies as the existing policies will be matured by year 2022 and  total sum assured for all the policies will be around 4.5 lakhs.   Please suggest me some good policies and my aim is to keep insurance upto my age of 60 and sum assured should be 25 lakhs.

Please note I will not be allowed to take Term Assurance Policy due to medical reasons and advise accordingly.

 

 

 

 

One reply on this article “Inquiry about Life Insurance other that Term Plan”

  1. sharath Mumbai says:

    Dear Mitra,
    I think you should be able to take term insurance. If there is some medical condition, then the premium would be on a higher side but I don’t think someone would be denied term insurance. Even LIC would ask you to go through medical test for taking a policy. If you think LIC wont mind about your medical condition, then you can take term insurance from LIC itself.

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