POSTED BY November 16, 2013 10:51 am COMMENTS (10)ON
I am planning to take a term insurance of 50 Lacs. I have short listed Kotak e-preferred and Bharti Axa life – eProtect.
I have a query regarding the Policy Term. It allows as maximum of 30 years. I am bit confused on this as I will be around 59 by the time policy ends.
What is the option if I want to extend beyond this? Can I renew after 30 years or I should take multiple policies spreading the starting time?
Also,Please suggest which one is better of the above two.