Hi,
I am 27 years old.
1) I am planning to take Rs 50 L term insurance policy for me.
2) I am planning to take (say around 4-6L cover) health insurance policy for me and my wife (20 years old).
3) I want to have cover for “Critical illness” and “Accidental rider/personal accident policy”. Accidental cover should cover death (extra sum insurance), permanent total disability, permanent partial disability and temporary total disability.
*) I am thinking of “HDFC Term Assurance Plan”, “Birla Sunlife protector plus plan” for term insurance. Please provide your comments on these policies or suggest others.
*) I am thinking of “Apollo munich health exclusive” plan for health insurance. Please provide your comments on this plan or suggest others.
*) Should I go for separate “personal accidental policy” or should I add them as riders in term or health insurance policies? Which option is better?
*) What amount seems to be good amount for “Critical illness” cover?
*) What amount seems to be good amount for “Personal Accidental Policy/Rider” with considering 12L CTC and around 30K monthly expenses?
Please provide your comments.