SBI Term Insurance plan… need help

POSTED BY Mahalakshmi ON November 23, 2011 12:03 am COMMENTS (3)

I would like to take term insurance for 50L, i compared your Term insurance chart which you have posted already. I prefer SBI term insurance as the premium seems cheaper when compare to other companies. can u pls tell me whether i can go ahead with SBI term insurane or other Company..

3 replies on this article “SBI Term Insurance plan… need help”

  1. DP says:
    November 23, 2011 at 9:33 pm

    Dear Mahalaxmi, as rightly shared by Manish, Kotak n Aviva are providing the most economical term plans even in offline mode.

    Moreover, it is also important to look at claim repudiation ratio.

    For Kotak I can commit with authority on claims as well since their last year claim rejection/repudiation ratio is 3%.

    Regards,

    DP

    Reply
  2. ashal jauhari says:
    November 23, 2011 at 3:46 pm

    Dear Mahalakshmi, As you referred the chart prepared by dear manish, I assume you are looking for an offline term product. For the given situation if you are comfortable with IciciPru, my take ‘ll be to go for I-Protect offline version. It’s one of the cheapest & easiest to go for.

    Thanks

    Ashal

    Reply
  3. Manish Chauhan says:
    November 23, 2011 at 12:42 pm

    Mahalakshmi

    Is the premium cheapest , because there are many other players like Aviva , Kotak and now HDFC which has low premiums . If you want SBI and have trust on them , then you can go ahead with them

    Manish

    Reply

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.