Hi Srikanth,
I had come across this plan through policy bazar where i had opted for 80 Lakhs till 85 yrs of age with Death due to accident,Critical illness,Disability due to accident is covered for 16000 premium.Please can you advise if this a good policy compared to Icici i protect smart.
I have another question on health insurance please help me to choose a good one.i am 34 yrs old and my wife is 29 yrs old so is it a good option for my wife to take policy for both of us and how much to opt for? although hwe had a cover from our employers it is for the future.
thanks in advance
1 Answers
Hi,
A Basic & plain Life cover can be taken from any Insurer of your choice.
If we opt for more Riders or Value added features (like Monthly income, return of premium etc.,) the premium quote vary from Insurer to Insurer.
Personally, I believe it is advisable to take adequate basic life cover with or without Disability cover.
You can also plan to take a stand-alone Personal Accident insurance plan.
Kindly read :
https://www.relakhs.com/best-personal-accident-insurance-policies-in-india-details-comparison/
Regarding Health Insurance, your plan to take Mediclaim cover is right. Do not depend entirely on Employer provided Group health insurance cover.
1 - You may consider buying a Family floater insurance plan.
2 - Consider building a corpus for Medical or unforeseen expenses.
3 - Try to Super top -up your family floater plan.
4 - Can consider taking a Critical Illness plan, if your family has a history of major illnesses.
Related articles :
https://www.relakhs.com/employer-based-health-insurance-plans-vs-individual/
https://www.relakhs.com/factors-tips-best-health-insurance-plan-india/
https://www.relakhs.com/best-health-insurance-comparison-websites-portals/
https://www.relakhs.com/best-family-floater-health-insurance-plans-details-checklist-comparison/
https://www.relakhs.com/top-up-health-insurance-plans-super-top-up-india/
https://www.relakhs.com/latest-health-insurance-incurred-claims-ratio-2016-17/
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