I am planning to take a term insurance plan for myself, i am 34. Below are my thoughts
i analyzed the IRDA claim ratio for the last 5 years and below are the best insurance companies with respect to claim ratio
1. LIC – 97%
2. HDFC – 95%
3. Birla SunLIfe – 94%
4. ICICI – 94%
6. Kotak – 89%
Need to check with the riders from each of these insurance companies. I would like to know
1. Can i go with mix of companies ie. may be LIC and HDFC or LIC and Kotak ?
2. Is there any risk in taking online policies ?