Premium Deposit

POSTED BY Market Hypothesis ON October 26, 2010 2:05 pm ONE COMMENT

Should I pay yearly mediclaim premium or Term Insurance premium by doing MIS?

One reply on this article “Premium Deposit”

  1. MoneySavingsHelp says:
    October 26, 2010 at 7:16 pm

    Both are different products. You need both. Term insurance covers your life risk while mediclaim covers your hospital bills. Regarding premium cost, some companies like LIC do charge higher premium if you opt for monthly premium mode, and some do not charge extra. You need to check with your insurance company for details.

    Hope it will help you.
    InvestmentKit.com

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