#1
4th March 2016, 10:05 AM
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Best Term Policy in India
Can you provide me the list of best Term Plans/Polices for 30-Year, Male/Non-Smoker, Age 30, with Annual Premium Payment details in India as I wants to invest in a one?
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#2
4th March 2016, 11:04 AM
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Re: Best Term Policy in India
Term insurance plan is necessity for an individual who has dependents or a family. It is a proven fact that a term plan offers the most ‘value for money’ proposition. It is the basic form of life insurance where a fixed sum assured is paid on the death of the policyholder. In case of survival of policy term, the insured gets nothing in return. The premium on term plans depends on three factors: age, term of the policy and the sum assured you choose. The list of best Term Plans/Polices for 30-Year, Male/Non-Smoker, Age 30, with Annual Premium Payment details in India are as follows: Term Plans Name Premium Mode Reliance Online Term 7,319 Online Bharti AXA eProtect 8,202 Online AEGON Religare iTerm 8,203 Online Aviva i-Life 8,297 Online MAX Life Online Term Option I 8,315 Online HDFC Life Click2Protect 11,911 Online Edelweiss Tokio Life - Protection 12,922 Online SBI Life eShield 13,135 Online ICICI Prudential ICare II 16,739 Online LIC Amulya Jeevan 26,180 Offline PNB MetProtect 13,034 Offline Tata AIA Life Insurance Maha Raksha Supreme 14,606 Offline Ratio of Term Insurance providers according to IRDA in the year 2014 Ratio of Term Insurance providers according to IRDA in the year 2014 |