Term Insurance

POSTED BY NITIN RAWAT ON February 11, 2012 3:08 pm COMMENTS (5)

Can you find me to finailise the term Insurance.

1. LIC is expensive. Out of my list.
2. ICICI is again seems expensive. 10010 for 75L.
3. Aviava – 6276 + service tax for 75L . Only for 35yrs, means 27+35=62 years
4. Aegon Relegare – 6037 + Service Tax. For 48 years, means 27+48 = 75 years. Benefit Rider of accidental and critial illness waiver.

Please give me your valuable inputs for the same.

5 replies on this article “Term Insurance”

  1. BanyanFA says:

    Try out SBI Life as well. One of the best ones in Term Insurance.

  2. Dear Nitin, Please do not look for cost alone (prem. you are paying for your insurance). Please do consider other factors also. Like Pan India reach, Claim Process, over all service standards………………..

    Please opt the insurer where you are comfortable.



  3. Dear Nitin, for an imaginary situation, tomorrow an insurer launches a Term plan for 100Y age, ‘ll you go for it?

    In my opinion, you are missing the very basic idea of term plan. It’s to provide cover for the financial loss of your family in your absence. If you are alive till age 60 or for that matter age 62, most of the liabilities for loans, children, family ‘ll be over & in between you have also created a corpus for yourself. Do you still require a term cover for next 13-15 years till age 75?

    Please share your views.



    1. NITIN RAWAT says:

      Dear Ramesh

      I am planning to work till 60 years.

      Dear Ashal,

      I have got your idea. Yes, if i will alive till 62 by then my all/most liablities going to be over.
      Offcourse, another 12-13 is not required.
      Still if i go for 35 years,which is gonna be good option?


  4. Ramesh says:

    Till what age, do you plan to work?

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