POSTED BY June 11, 2012 6:29 pm COMMENTS (2)ON
I am looking to purchase Term Insurance for Myself. I am 30 year old, non smoker and want to purchase term for maximum duration of 35 years. My question is i have got to know online plans for Term Plan and they are selling through online only. But their premium is way cheaper than LIC\\\’s Term Plan. Here for my reference I want to compare all Private Term Plans with LIC alone. How Can I find information regarding Term Plans for each companies and LIC? How to know their claim settlement ratios? What other information to know regarding Company or Plan? As i have come to know that now each company has Profit and Loss report for each Plans. So benefit will goto Policy holder of that Plan and not to another policy holder of that Company.
How to evaluate this things and from what sources?
Thanks Manish for starting this form for Investors! You are doing Nobel Work for citizens like me.