Hi,
I had taken a term cover in 2012 (bought online) from Aegon Religare, which was issued after a complete medical check-up/test. I was 32 then & the premium for a cover of 1Cr for 30 years came to Rs 9200 p.a.
Recently, I found through IRDA site that the claim settlement by Religare for term covers is just 68% – which puts it in the bottom 5 insurance providers – My query is that is this something to be worried about & should I discontinue this plan & buy another one?
Thanks
Vyom