Hi everyone,
I had purchased an online term policy from Aegon Religare for SA 1 cr with an annual premium of Rs. 8080/- (M-26, Smoke- No). I have completed my medicals and mentioned about me having Asthma to which they conducted the test for which the reports are normal (informed to me from where I did the tests). Now the co. has given me a counter offer and increased the premium to Rs 13429/- which is almost more than a 50% increase. Is this justified?
I would like to hear your views on the same whether I should accept the offer or bargain on it.
Thank you.
Sunny