Hi All,

I already have a insurance cover of 50 lakh from LIC term plan. I would like to increase my cover as I am now married and expecting a kid soon and would be turning 30 next year. I would ideally like additional cover of atleast 1 crore more taking my total cover to 1.5 cr.

My questions are:-

a) Should i go for a online term plan? If yes, suggest any good private players having good claim ratios for term plan?

b) Please provide must have riders to be taken along the term plan as my previous insurance did’nt had any?

c) Any other factor to consider before taking this decision.

Thanks

Gaurav