Hello Folks,

My name is sameer . I am 29 year old male working in a software company . I am married and have a daughter who is 2 months old. My wife is a housewife. Recently, i am trying to buy a combination of Term Plan and Personal accidental insurance for filling the gap of insurance.

I have zeroed on to the below Personal Accident Insurance Policy :-

Apollo Munich Individual Personal Accident- Premium and Chola MS Accident Protection Plan

Any idea which Personal Accident policy is better among the two, both provide almost same features and premium for 25 lakhs is around Rs 2500/annum.

Also, Which term plan is good, there is a frenzy of online term plans and i am totally confused as to which term plan is the best, i am looking for 50 lakhs coverage.

As per me, only thing that matters for term insurance is the claim settlement ratio and company brand name. Can some one provide inputs for the above requirements?