I am 34 years old working in an IT company and my wife is 30 years old working for a private engg college. I am looking for a pure online term insurance plan for both of us. Currently I have an online term plan of 50 Lakhs for 30 years with ICICI icare in which i pay a premium of 8000 for the past 2 years and my wife does not have a term cover.I want to cover her with 30 lakhs for maximum age or 30 years.I am confused over which company to select for purchasing a term insurance plan based on claim settlement ratio and customer service. Should I continue with Icici or switch over to HDFC life Click2Protect for better claim ratio or Aegon religare for lower premium and maximum age upto 75 years or kotak life ePreferred Term.And should i also consider critical illness rider and Accidental Disability Rider or plain vanilla term plan is enough for us?
Thanks
Dinesh