POSTED BY May 14, 2012 3:25 pm COMMENTS (5)ON
I know this is a rather strange question. But was asked by one of my friend when discussing about term insurance benefits. Just thinking of the worst case 🙂
Since we will be taking term insurance for more than 20 years or more based on our age(in general), How are we sure that the company which we had taken the term insurance still remains in force in long run.
For LIC we know the credibility and also my friend was suggesting, its better we go for some standard ones while taking term insurance plans as it is for longer duration.
I am completely unaware of the terms and conditions on which these term insurance company policies run.
Thanks in advance