Some credit union members might prefer the lower premiums
charged by private insurers even if it means giving up some margin of safety.
Not exact matches
While selecting a term plan, Naresh is in a fix whether he should give more importance to the lower premium
charged for online term plans
by private insurers or give more importance to the high claim settlement ratio maintained
by LIC year after year.
If we study the premiums
charged by private insurance companies for term plans as compared to the premium
charged by LIC for its term plan Jeevan Amulya, in some cases the premiums of
private life
insurers are as less as 50 % compared to the premium
charged by LIC.