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!
Try ditto I have bought term plan last year from them they dont even charge comission.
Checkout Labour Law Advisor(LLA) on youtube. Money Minded Mandeep has done 2 videos on exactly this. It should help you navigate!
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
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?
@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.
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
Plum has started this and has got some good retail plans. DM your digits/email? Happy to help!
Thanks. Will reach out to Plum through their app.
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.
I can tell what not to buy, any LIC policy. Also don't go for smaller companies even if they have good settlement ratios or cheaper installments. In any case, a term insurance is a loss making affair. So if you are paying for a service, better buy a good one.
Yeah man, Mixing Insurance & Investment is a very bad idea which doesn't do justice to any of the problem statement. There needs to be better awareness about this!
Hey, try beshak.org, they will match you with a certified financial planners who can help you with your needs
Don't try Policybazar, they spam like anything. Even after you are dead they'll still call you.
I'm a 33 year old Male, Currently living in Mumbai. Married for 2 years, planning to start a family this year. Annual income is more than 25 lacs.
Need suggestions on term insurance plans, My inclination is towards Tata AIA Maha Raksha...
Hello folks, I'm planning to buy a term insurance plan with a cover of Rs. 2 Cr until 65 years. I have shortlisted Max Life and TATA AIA for the same. I'm still researching more on this. What are your pointers on choosing the best plan ...
Hey Folks! Planning to buy Term Insurance with 1Cr Cover. Which platform would you suggest? Ditto Insurance or Policy Bazaar?
