great work mr. manish.
i want to buy term insurance of 1cr.seen the blogs in your website and done some comparisions.
i am 26yrs, non smoker, income 5lac p a. i will be happy if you can guide me.
1. i hv seen term insurance ( i term ) from AR and liked it. but seen some blogs where some ask why take cover for 75yrs.but in my opinion why not take for 75yrs and after 60y or 65yrs if one feels that he need not continue, he may opt out then. what say ? Also there is the critical illness rider which may be helpful in later years.
2. whether i should take one policy or split it into two as some people have concerns over the company.if i take two then which other company you suggest. should i go for lic.
3. do i need to submit ITR. i dont hv it as i started my career this year.
your opinion is highly solicited.
regards and thanks. himansu