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Is 1 crore term plan enough for me if I am unmarried and my company already gives me some cover ?

Hi,

I am 29, unmarried male working in a private company. My employer covers me thru some insurance plans. I am looking for a term insurance to cover myself.

Non-smoker, occasional drinker(once a month)

1. My annual CTC 9-10 Lacs. I think 1 Cr cover would be adequate. Kindly correct me if i am wrong.

2. Please suggest couple of insurances for comparison.

3. Other points to consider to select the best insurance.

Appreciate your help.

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