Want to get a term plan whose cover increases by 10% each year ?

POSTED BY abhishek2481988 ON March 27, 2014 3:47 pm ONE COMMENT

I am an M-25 .Non Smoker I would like to purchase 2 term insurance policies for 50 L each . My needs are . • Best Solvency ratio and customer satisfaction . • The cover should increase by at least 10 % to factor in inflation .

Please advise of any other factor that i should consider and the correct policy i should buy .

Tnx ,Abhishek

One reply on this article “Want to get a term plan whose cover increases by 10% each year ?”

  1. ashalanshu says:

    Dear Abhishek, why are you not purchasing a large cover from day one? Please compare the prem. for normal cover and 10% increasing cover, you w’d know on your own,what you should do.

    Thanks

    Ashal

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