& for LIC I got info that I have to pay 17.5 K for 50 Lacs cover???
Plan B - Take 50
lac cover with hdfc / icici / sbi / kotak (help me pick one) and take remaining 50lac term cover after 10 years at a higher premium?
Very few of us try the «above Rs. 5
lac cover range» because we fear the higher premium payments.
Since the lowest life cover under the plan is Rs 25 lacs, I have considered Rs 25
lacs cover for LIC e-Term plan.
For example, Rohan has bought a term plan of Rs 50
Lacs cover considering long term objectives such as his child's higher education and marriage.
& for LIC I got info that I have to pay 17.5 K for 50 Lacs cover???
For example, Rohan has bought a term plan of Rs 50
Lacs cover with monthly benefit.
Wife and Me Joint Health Plan: Max Bupa Health Companion Family Floater - 10 lacs cover
Wife's Personal Accident Cover: Max Bupa Health Assurance Accident Care - 35
lacs cover 7.
My Personal Accident Cover: Max Bupa Health Assurance Accident Care - 50
lacs cover 6.
Wife's Term Plan: ICICI Pru iProtect Smart for 50
lacs cover 30 year term (started Jan 2016) 5.
If your partner is a homemaker a 25
lac cover is provided.
For my family (3 members)-- 5
Lacs cover 2.
Rs. 1,04000 / - is annual premium for 20
lacs cover.
It is quite possible that you may not be able to shell out Rs 1.77 lacs as annual premium for Rs 50
lacs cover.
You can purchase a life cover of Rs 10 lacs when the requirement was for Rs 50
lacs cover.
For instance, premium for New Jeevan Anand for a life cover of Rs 50 lacs (Male, 30 years, and 30 year tenor) is Rs 1.77 lacs while premium for Rs 10
lacs cover is Rs. 35,591.
For example, Rohan has bought a term plan of Rs 50
Lacs cover, so his family can repay the outstanding home loan.
I m planning to buy Term Plan from Aviva - I life (online term policy) for 50
Lacs Cover.
I have option to add accidental death benefit to insurance which cost extra 3500 / - for 50
lac cover (base term cover 1Cr).
please help for 50 lacs cover
I am 45 yr.old and have many LIC plus type policies with one money back policy and another one Jeevan anand with 10
lac cover and 80k yearly premiums, but NOT EVEN ONE TERM PLAN POLICY as agents (friends and relatives) approached to give one ploicy atleast.Therefore my question is, should I cancel Jeevan anand or reduce to 5 lac (is it possible?)