POSTED BY December 1, 2010 11:43 pm COMMENTS (4)ON
I am in dilemma whether to buy term insurance for my father. His age is 60. He is not insured till now. I know premium will be on higher side. Also I found out that LIC term insurance is not possible at his age now. Please guide me on following:
1. Should I go for insurance for him? (I think I should…better late than never)
2. Which term insurance provider should I look for?
3. If someone has two policies from two different insurance companies, can both be claimed in case of eventuality?