I need to buy term insurance for me and my wife, each with a cover of 1Cr with a term of 30 years.
I have got a chance to visit website http://www.myinsuranceclub.com and saw comparisons of different products.
Aegon is the cheapest, but in one of jagoinvester.com article https://www.jagoinvestor.com/2010/12/term-insurance-plans-comparisions-india.html, aegon’s claim settlement percentage is lowest.
should this be a concern before i buy aegon for term insurance, instead of buying it from big players like LIC, ICICI, HDFC etc..
Please help.
thanks