GoTyrion
GoTyrion

Best Term Insurance

Which company is better to go with term Insurance and how much should be the amount in general

Taking till 65Y is fine?

7mo ago
chill_guy
chill_guy

Coverage should be 10-20x your salary, it depends on your expenses. Basically your dependents should be able to live without any issues for x years. If your financial dependency ends at 65 than It is fine.

I have choosen max life insurance of 3 cr coverage till 65 years. You can go with hdfc/icici/Max life all of these are good.

GoTyrion
GoTyrion

Thanks

chill_guy
chill_guy

Also an advice don't go with the zero cost ones instead invest that extra premium in any long term sip.

CornyRunaway
CornyRunaway

Tata aig

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