I am 25 years old and I went to Birla Sunlife to purchase a term plan, I had short listed on High networth term insurance where the premium was around Rs 15834/- for 1cr for 30 years, but on reaching the office the advisor mentioned that the High Networth plan has been merged into Birla Sunlife Protector Plus plan and the premimum for a non-incremental term plan will be around Rs 13456/-. So my questions are
1. Is the Protector plus plan a true term insurance plan.
2. Is it true that it got merged with the Hight Networth plan.
3. How good is the Protector plus plan?