Term Insurance Policy Suggestion

Q & A ForumCategory: InsuranceTerm Insurance Policy Suggestion
devendrakumarc asked 4 years ago
Hi Shri, I am planning for term insurance from this april ,please suggest which way it will  be best . whether to go by Offline Mode or by Online mode. What are difference between the two and which will be the best policy for me to go. Regards Dev
5 Answers
Sreekanth Staff answered 4 years ago
Dear Dev, May I know if you have any life insurance policies in your name? If yes, kindly share the plan names. If you are comfortable buying online, buy through online mode directly by visiting the concerned insurer's portal. You can use web aggregators like policybazaar, comparepolicy etc just to do analysis and review. You can get a basic term plan at comparatively lower premium rates if you buy through online mode. Make sure you buy a term plan where medical tests are mandatory. You may go through the below article - Top 5 Best Online Term Life Insurance Plans 2020 | Comparison & FAQs
devendrakumarc answered 4 years ago
Hi Shri I have  a HDFC SL NEW MONEY BACK PLAN policy with sum assured of 1 lakh and a premium of Rs12200 for a year.i have pending 4 premium till 2024 .please advise do i need to continue paying or close it.      
Sreekanth Staff answered 4 years ago
Hi, Once you buy a Term plan with adequate life cover (Sum assured), you may make this HDFC policy PAID-UP one. Kindly read : Life insurance : How to get rid off bad insurance?
devendrakumarc answered 3 years ago
Hi Sri, I am planning to take HDFC life click 2 protect term insurance policy 1)i just want to know Is it necessary to have rider attached with term policy. 2)What effect will riders have in my premium 3)I need the details  of all  3 rider and which will be beneficial one to go. Regards Dev   
Sreekanth Staff answered 3 years ago
Dear Dev, Apologies for my late reply! Did you buy the policy?
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