Hi,
I am 26 years old, need an insurance cover of around 90 lacs and want to buy term insurance. I have already bought Jeevan Amulya from LIC for a cover of 30 lacs (Yearly premium – 9,270 for a term of 35 Yrs). I want to split the remaining amount of 50 – 60 lacs in another 2 different term plans, so that I can reduce one over a period of time if and when required. Please suggest which one should I opt for keeping in mind the after sales services and claim settlement ratio. I even raised a request with SBI Life, however they haven’t responded in over 7 days. Is SBI Life a good option, as I find there premiums to be quite competitive.
My Thanks to all of you for your time and suggestions in advance.
Regards,
J