is it right to have term plan from private sector companies ?

POSTED BY nilesh ON January 31, 2011 6:03 pm ONE COMMENT

i am planning to buy a term plan.my age is 42 yrs.what should be term period for the insurance whether maximum or 20,25 yrs.

& which company is the best whom we cant trust in private sector.pl suggest me.

 

thanks. 

One reply on this article “is it right to have term plan from private sector companies ?”

  1. bharat shah says:

    term period depends your premium paying capacity also, as you would select for longer period , it would increase much more. normally the expert advises to cover your life till you continue earning, that is till you retire. you should go through the recent article on term insurance selection in this blog alongwith comments and decide the company to trust yourself. recently i found kotak preferred term plan for my earning sun. you can consider the riders with the basic plan.

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