Misc6mo
MagicalBurrito
Term Insurance Advice Needed
Looking out to buy Term Insurance. Am married, and both of us are working. Wanted advice on deciding the coverage amount, cover till age, deciding between various plans, should both of us take the insurance
Anyone who has taken it, please advise. Thanks in advance!
17mo ago
Find out if you are being paid fairly.Download Grapevine
SparklyNugget
Stealth17mo
Try ditto I have bought term plan last year from them they dont even charge comission.
DizzyLlama
Freelancer17mo
Checkout Labour Law Advisor(LLA) on youtube. Money Minded Mandeep has done 2 videos on exactly this. It should help you navigate!
ZestyLlama
Stealth17mo
Try to go for Hdfc life or Tata try for 85 years coverage amount should be based on your total liabilities and annual income Max multiplier would be 20-25 times of your income . You can also go for limited premium paying term so that you will not have any burden paying premium for longer term limited term is 5-10 -15 is ideal in my opinion. I am a banker and have been selling Insurance since long
MagicalBurrito
Swiggy17mo
I was planning to have the cover till 65 years. Can you please help me with the logic behind cover till 85 years. My thinking behind 65 years was that if I make up to 65 years then would I or my dependents really need that Insurance money?
MagicalBurrito
Swiggy17mo
@Chelokebab Also, how are the Max Life and ICICI as compared to HDFC & Tata suggested by you. Many blogs have mentioned these 4 companies only, so wanted to know the reasoning behind the 2 suggested.
SquishyUnicorn
Digit Insurance17mo
Buying Insurance policies from companies directly are recommended over third-party sellers like Policy Bazaar, Digit, and Acko. Claim settlement can often be problematic with these sellers. As a Maxlife insurance agent, I can set up a meeting using my official @maxlife email address. I'll offer you the best discounts available among all online aggregators and provide expert advice to address any doubts you may have. If you have already planned to go for anything apart from Maxlife for your term insurance then also i would recommend you to enquire on companies website directly and ONLY get your policy directly from company. My Contact no: 7003079299
SnoozyWaffle
Plum Goodness17mo
Plum has started this and has got some good retail plans. DM your digits/email? Happy to help!
MagicalBurrito
Swiggy17mo
Thanks. Will reach out to Plum through their app.
SnoozyWaffle
Plum Goodness17mo
Sure! It’s not live on the app yet, but the chat support can guide you to the right folks for it. Feel free to ping if you get stuck anywhere.
- Dann (Founding Member @Plum)
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