This does not mean
taking a term insurance plan in the child's name, it means taking an additional term insurance plan in your own name to protect your child's future.
Now coming to your other requirement whether insurance cover is less, you can consider
taking term insurance plan from LIC or HDFC click 2 protect or Birla SL Term insurance plan etc..
I agree with you that instead of investmetn in such insurance - cum - investment products, you can
take term insurance plan + invest balance in bank FD.
Not taking term insurance plan — A typical investor in India thinks about term insurance that «I won't be available to get the benefits, then why should I take term insurance?»
3 — If you believe that Parents will be dependent on your in near future and you are going to get married in next 1 year, suggest you to
take Term insurance plan with basic cover.
i would like to
take term insurance plan, and shortlisted these three HDFC, ICICI, Aegon Life.
Your decision of surrendering the traditional plans is good, but it would have been better had you surrendered them after
taking term insurance plan.
Further can you pleases clarify whether a smoker can
take term insurance plan or not.
Hi Sreekanth, I am 29 years old (married) and i am suffering from diabetes from past 2 years and i want to
take term insurance plan with HDFC clik2protect plus plan.
At present I am planning to
take a term insurance plan for a certain amount cover that may take care of my child's education (A) and my family's well being (B) in event of any unfortunate happening for myself.
We are expecting a baby now and we both are planning to
take a term insurance plan and health cover.
I will
take a term insurance plan and a family floater plan for my family for health issues.
Suggest you to
take Term insurance plan and then discontinue these kind of plans.
I suggested my friend to surrender the policy and
take a term insurance plan & invest the remaining money in PPF or mutual funds.
Dear Abhee, If jeevan saral is the only policy you have with Rs 5 Lakh cover, suggest you to
take Term insurance plan with adequate Life cover at the earliest.