POSTED BY June 30, 2013 2:16 am COMMENTS (5)ON
I have been reading this forum lately as i have been awakened to backup my future from the day.
I am thinking of buying a Term-Insurance, my income is 3.3L annually and my wife 2.2Lac annually. I am 26 now, which Term Insurance do you suggest.
1. After reading few blogs and few articles online, i came to conclusion 1CR would be good amnt for me and 50Lac fror my wife. Kindly suggest me some good insurance policies and amount as per my income.
2. Also I read in EconomicTimes, “If you must go for such plans, opt for either a 10% annual increase or an index-linked one,” says Cartwright.” What is this, as when i contacted policy bazar the guy told me for Term Indurance sum amount is fixed at the time you buy the policy and will remin the same…??