Hi Sreekanth,
Request you to pls suggest me a good company to buy term plan with. I am 29, & non-smoker. Looking for a Sum Assured of ~ 1 CR (Or may be more). I could figure out few from HDFC, ICICI, TATA etc. But not able to decide whether i should go for pure term plan (with only Sum Assuared) OR should add other riders as well.
Pls help on this.
Thanks,
PC
1 Answers
Dear PC,
You may take a term plan from any insurance company of your choice, it should not be of any issue. But do disclose all the required information in the proposal form accurately and honestly, that's it!
"As per the recent amendment to Section 45 of the Insurance Act, If your policy is 3 years old, no matter what happens, the life insurance company will not be able to deny the claims. So, your life insurance company has only 3 years in hand to reject the policy based on any mis-representation or mis-statement. Once 3 policy years are completed then the life insurance company has to settle the claims and can not reject them."
Kindly read :
https://www.relakhs.com/best-online-term-insurance-plans-india/
https://www.relakhs.com/hdfc-life-click-2-protect-3d-plus-review/
https://www.relakhs.com/iprotect-smart-icici-prudential-new-term-insurance-plan-features-benefits-review/
https://www.relakhs.com/aegon-life-iterm-insurance-plan-benefits/
https://www.relakhs.com/best-personal-accident-insurance-policies-in-india-details-comparison/
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