Term Plan Online

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Hello,

I want to buy a good Term plan online Age:-30 yrs, married, salaried Sum insured:- 50 lakhs - 75 Lakhs Term - 30 years or more.

There are few plans like religare which are quite cheap as compared to other products but i want to know if it has a good settlement ratio. Please advise..

Regards,

2 Answers

ICICI or HDFC would be better because of company size and claim settlement history. You may buy online term insurance from one of these companies.

Hi The premium amount for online term plan for a sum assured of 50 Lakhs, age 30,non smoker, 30 years plan is around Rs 6000 exclusive of taxes and for Kotak, its Rs 6150 . The offline quotation for same plan is around 10970 for HDFC and around Rs 7375 for Kotak

Mayank Gupta www.ninemilliondollars.com

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