Hi there,
Greetings to other members at Jagoinvestor.com. Glad to be a part of this group. I’d a query regarding the Term Insurance Plan from “Birla Sun Life – Easy Protector Plan”.
The regular pay premium on annual basis for a 10 year policy for a sum assured of 50 lac is around 5057.
1. What’s the feedback of this policy? (Note: Birla Sun Life is a partner of our corporate bank. )
2. For the same policy for 10 years, there’s a single premium 30842 INR. Is it a good option to pay premium together?
3. Lastly what would you advice: 10 years v/s 20 years v/s 30 years?
Thanks again. Looking forward to inputs from experts.